Entries tagged with Haiti

Leah Nedderman's picture
Leah Nedderman
• 01/25/10
• Posted in Fonkoze, Haiti, microfinance, poverty
• 0 Comments

One of the most urgent problems facing Haiti is the rising price of goods, exacerbated by a shortage of cash in the country. National banks have been slow to open, and even slower to make significant sums of cash available to other financial institutions in the country. One of my Haitian friends wrote on Saturday: “Thanks to God I am still alive but I have a lot of friend died [sic].

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PreetiWali's picture
PreetiWali
• 11/18/09
• Comments

When you read about organizations that help the poor, do you wonder how they know they are making a difference? We’re seeing positive results in Haiti, the poorest country in the Western Hemisphere. Fonkoze, the largest microfinance institution (MFI) in Haiti, is demonstrating that their programs help clients move out of poverty.

For Fonkoze, the mission is clear: target the poor and ultra-poor, mainly women in rural areas, and provide services to meet their special needs.

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