International Financial Consulting Ltd. was engaged by the Caribbean Development Bank (CDB) to undertake a comprehensive multi-stakeholder evaluation of the Microinsurance Catastrophe Risk Organization (MiCRO), a multi-cell insurance company established by DFID, CDB and others to provide parametric insurance to 60,000 female microcredit clients through their existing financing arrangements (mostly microfinance) in Haiti and other Latin American countries. IFCL employed multiple research methods to determine the overall impact of the MiCRO program from both development impact and financial sustainability perspectives.
