International Development Grant
Microfinance Services
Project Number: CA-3-A019362001
Status: Closed
Country/Region:
Maximum Contribution: $3,441,417.00
Start Date: May 21, 2002
End Date: June 30, 2012
Duration: 10.1 years
Project Description
This project involves the establishment of a stand-alone microfinance institution known as Micro Enterprise Financing Limited (MEFL). MEFL was incorporated in 2002 as a company serving low-income entrepreneurs with loans and other financial services such as savings facilities initially in inner city Kingston. Since then escalating crime and violence in Kingston have made expansion within the city unfeasible. MEFL has instead expanded by opening three rural branches around Jamaica.
Key Information
Executing Agency:
Micro Enterprise Financing Limited
Reporting Organization:
Global Affairs Canada
Program:
NGM Americas
Last Modified:
September 19, 2025
Development Classifications
DAC Sector:
Aid Type: Project-type interventions
Collaboration: Bilateral
Finance Type: Aid grant excluding debt reorganisation
Selection Mechanism:
Pre-APP