Audit of USAID/Haiti's Development Credit Authority Activities

Recommendations

Recommendation 1

USAID/Haiti, in coordination with the Office
of Development Credit, meet with lenders to develop a strategy to increase utilization or
reduce the amount they have if they do not intend to utilize the entire guarantee.

Questioned Cost:
$0
Close Date:
Recommendation 2

USAID/Haiti, in coordination with the Office
of Development Credit and the lenders, implement a process to identify borrowers involved in prohibited activities and remove nonqualifying loans from coverage.

Questioned Cost:
$0
Close Date:
Recommendation 3

USAID/Haiti, in coordination with the Office of Development Credit, implement a plan to encourage Sogebank to lend in targeted areas outside of Port-au-Prince.

Questioned Cost:
$0
Close Date:
Recommendation 4

USAID/Haiti, in coordination with the Office
of Development Credit, develop annual performance targets for the number of women and the number of first-time borrowers it aims to reach, and implement a plan to lend to these preferred groups.

Questioned Cost:
$0
Close Date:
Recommendation 5

USAID/Haiti, in coordination with the Office of Development Credit, train lenders so they fully understand the types of loans that should be guaranteed versus those that should not be guaranteed.

Questioned Cost:
$0
Close Date:
Recommendation 6

USAID/Haiti, in coordination with the Office of Development Credit, work with each lender to improve its borrower screening process to confirm that underserved borrowers are targeted.

Questioned Cost:
$0
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Recommendation 7

USAID/Haiti, in coordination with the Office of Development Credit, increase its monitoring and evaluation efforts to confirm that program goals are being met.

Questioned Cost:
$0
Close Date:
Recommendation 8

USAID/Haiti, in coordination with the Office of Development Credit, send periodic reminders to all lenders about the importance of completing every data field accurately and on time.

Questioned Cost:
$0
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Recommendation 9

USAID/Haiti, in coordination with the Office of Development Credit, update its indicator tracking table to include performance targets and results.

Questioned Cost:
$0
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Recommendation 10

USAID/Haiti, in coordination with the Office of Development Credit, define each loan indicator clearly and specify how the information should be entered in the credit management system.

Questioned Cost:
$0
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Recommendation 11

USAID/Haiti, in coordination with the Office of Development Credit, increase monitoring when at least 10 percent of the loans in a loan portfolio guarantee are 90 days late.

Questioned Cost:
$0
Close Date:
Recommendation 12

USAID/Haiti, in coordination with the Office of Development Credit, work closely with Sofihdes to implement a plan to encourage timely repayment of loans, including the possibility of providing technical assistance to Sofihdes or its borrowers.

Questioned Cost:
$0
Close Date:
Recommendation 13

USAID/Haiti, in coordination with the Office of Development Credit, implement all DCA mitigation measures described in the initial environmental examination.

Questioned Cost:
$0
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Recommendation 14

USAID/Haiti, in coordination with the Office of Development Credit, amend its initial environmental examination to include an evaluation of the pesticide procurement and use for DCA agricultural activities.

Questioned Cost:
$0
Close Date:
Recommendation 15

USAID/Haiti, in coordination with the Office of Development Credit, implement a plan to include the mission environment officer in site visits to confirm that environmental compliance spot checks are conducted.

Questioned Cost:
$0
Close Date:
Recommendation 16

USAID/Haiti, in coordination with the Office of Development Credit, incorporate technical assistance for pesticide use into DCA agricultural activities as one form of a mitigation measure.

Questioned Cost:
$0
Close Date: