Global programs / Global project 940000225 · 1984–1987 · trade and investment · Management Systems International, Inc. (MSI)
Evaluates subproject (SP) to establish a U.S. $2 million revolving fund guarantee facility through the Dominican Republic's Financiera Nacional de Desarrollo (FINADE) to provide short-term credit, denominated in local currency, for small and medium-scale firms with at least 75% of production focused on nontraditional exporting. Evaluation covers the period 12/84-10/87. The credit provided via the SP was to be used as working capital or to finance fixed assets, and applied exclusively to the nontraditional export aspects of borrowing firms. The broader objectives were to provide credit liquidity and contribute to employment generation, while furthering the development of nontraditional exports. The Dominican Republic has been in a situation of serious illiquidity since the mid-1980s due to the fact that, in an effort to reduce inflation, the Central Bank has been restricting the peso money supply. These stringent measures have caused the inflation rate to drop significantly since 1985, but also caused certain operational problems with respect to the Revolving Fund credit facility. FINADE encountered great difficulty in locating commercial banks willing to lend pesos against stand
Source: DEC abstract, PN-ABA-421 (1987). The source's own text.
Operated in: Dominican Republic.
When the program ran, from its start year to the latest document year. A hatched bar means the start is our estimate.
Axis: years in documents. The start year comes from design document year; the end is the latest document year, so the program may have run longer.
A few documents to read first. Each opens in the side panel, with the PDF to download.
| Name | Role | Years | Basis | Evidence |
|---|---|---|---|---|
| Management Systems International, Inc. (MSI) | implementer | 1987 | Stated in a document | 1 source |
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Operated in Dominican Republic, 1984 to 1987 2 sources
Scope: global. How the scope was set is not described yet. High confidence.
How sure we are: 0.95.
| Name | Years | Basis | Evidence |
|---|---|---|---|
| USAID. Bur. for Private Enterprise |
| 1987 |
| Stated in a document |
| 1 source |
| Name | Years | Basis | Evidence |
|---|---|---|---|
| Dominican Republic | 1984 to 1987 | Stated in a document | 2 sources |
Sector profile (computed): Trade and investment 50%; Macroeconomic foundation for growth 25%; Agriculture: policy, land tenure and land reform 13%
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Program key prj:940000225