In April 2008, The Dutch Embassy has agreed to provide a sum of € 6 million to the Surinam Ministry for Planning and Development to establish a Micro Credit Programme (MCP) in Surinam. The objective of this programme is to establish a facility for the disbursement of commercial micro credit without collateral to low income entrepreneurs on the lowest level of existence in society. Within this programme Triodos Facet developed the required framework for a new wholesale (APEX) lending institution within Suriname, which has a relatively underdeveloped microfinance sector.

Client: Surinam Ministry for Planning and Development Cooperation- PLOS
Funder: Netherlands Embassy

[Suriname; ref. 3242; 2008-2009]