Enabling poor rural people
to overcome poverty



IFAD, in partnership with the Consultative Group to Assist the Poor (CGAP), the European Commission (EC), the Government of Luxembourg, the Inter-American Development Bank (IDB), the Spanish Ministry of Foreign Affairs and Cooperation (MAE) and the United Nations Capital Development Fund (UNCDF and the World Bank, is pleased to announce the 2014 Call for Proposals - Haiti of the Financing Facility for Remittances (FFR).

Through this year’s Call, the FFR seeks to increase economic opportunities for the rural poor through support and development of innovative, cost-effective and easily accessible international or domestic remittance services, to and from Haiti.
The objectives of the 2014 call for proposals are to:

  • Promote access to remittances in rural areas of Haiti.
  • Link remittances to financial services and products in rural areas of Haiti.
  • Develop innovative and productive rural investment opportunities for migrant and community-based organizations.

Public, private and civil society entities are all eligible to apply for FFR grant financing; projects including multi-sector partnerships will be favoured. The Call addresses a number of specific thematic areas that have been identified as being key to enhancing the development impact of remittances in Haiti. The Call also includes an “open” area for all other innovative ideas. Project proposals are being solicited related to the following topic areas:

  1. Mobile financial services
  2. Microfinance networks
  3. Innovation in financial services
  4. Migrant entrepreneurship and investment
  5. Housing
  6. Migrant pensions and other government-to-person payments
  7. Securitization or financial investment vehicles
  8. Open thematic areas

 

Dates

Opening of online registration

7 July 2014

Deadline for online application of concept proposals

4 August 2014

Finalist pre-selection and request for full proposals

18 August 2014*

Deadline for submission of full proposals

15 September 2014

Selection of finalists

29 September 2014**

*Dates may vary depending on the number of proposals received
**Selected proposals will be part of finalisation  process in collaboration with IFAD. The project will only be considered approved at the moment of the grant agreement signature.

Applicants may be (a) a non-profit institution such as a non-governmental organization; (b) a public, govern-mental institution; (c) a for-profit entity; or (d) mutual/cooperative organization or credit union. For-profit entities are strongly encouraged to partner with non-profit institutions for the development of joint project proposals. If selected, the grant beneficiary would be solely responsible to IFAD for the successful implementation of the project.

All applicants must: 

  • Have legal status and be registered in the country in which they operate.
  • Have the capacity to enter into a legal agreement with IFAD and comply with the procurement guidelines of IFAD.
  • Not act as an intermediary but be directly responsible for the preparation, management and implementation of the project proposed.
  • Provide a financial counterpart contribution equivalent to at least:30 per cent of the grant amount requested in the case of a non-profit applicant ; 50 per cent of the grant amount in the case of a for-profit entity; 10 per cent of the grant amount in the case of a migrant organization and at the sole discretion of the FFR.

Through a four-phase competitive process, the FFR awards grant financing from US$25,000 to US$100,000 per project to eligible institutions, to be implemented within 12 or 24 months.