NDF Provision of Small and Micro-business Credit and Technical Assistance

Several jobs have been created for Vincentians and numerous lives improved by means of the NDF Provision of Small and Micro-business Credit and Technical Assistance (NDF/POSMICATA) project. Euro 2 million was assigned for this project under STABEX 94.

It was used for the provision of 263 loans to fund micro and small businesses in all sectors of the economy; the provision of 44 training workshops to over 774 persons; and the delivery of over 482 technical assistance interventions to clients. The project ran from January 2003 to about August 2005.