Micro Enterprise Financing Limited
$3,500,000.00 CAD
≈ 45 Canadians' average pay for a year
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Jamaica
- Fiscal year
- 2002-2003
- Agreement period
- May 21, 2002 – June 30, 2012
- Reference
- CA-3-A019362001
Published purpose
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.
Community tags
Tags are applied by readers, not by this site. One tag per person per record.
Good value
Local impact
Needs context
Questionable
Success story
Wasteful
View official source record
Imported July 30, 2026 from Global Affairs Canada IATI data