The goal of the Access to Credit Initiative (ATCI) is to assist Ukraine's government and private sector in making key investments in the legal, administrative, and financial infrastructure that contribute to establishing stable and sustainable long - term economic growth; and to provide the Ukrainian and Moldovan people with increased options for accessing credit by developing sound financing and risk assessment strategies in accordance with world standards of practice.
ATCI is a five-year multi-faceted project funded by USAID and implemented by The Pragma Corporation. The project continues through fall 2009 in Ukraine and October 2008 in Moldova. The project can be described as engaging in "developmental" investment banking and benefits from strong leadership, a clear vision and continuity of purpose, approach, and personnel.
The Access to Credit Initiative (ATCI) is broken out into six major components: Mortgage Lending, Municipal Finance, Financial Leasing, Credit Bureau, Credit Rating and Government Securities Market. The Financial Leasing Component of ATCI contains two major activities - the Certified Leasing Specialist Program; advisory services directed at both local lessors as well as investor groups interested in entering the Ukrainian Financial Leasing Market. The Certified Leasing Specialist Program awards certificates to individuals who pass a set of three exams, and is designed to raise the stature of those who work in the Financial Leasing Industry as well as to insure that a pool of qualified candidates is available to help accelerate the growth of the Industry in Ukraine.
Advisory Services are designed to broaden the capacity of companies already in the market, as well as to assist companies entering the market, either as operating leasing companies or as outside investors.
More detailed information can be found at http://www.atci.com.ua
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