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Fonkoze News
Note from Haiti: Reaching the Rural Poor with Microfinance
USAID reports that Fonkoze is a defining example of how strategic investments in new products, geographic expansion, and innovative technologies are all critical in reaching rural, poor clients with financial services
Three Courageous Haitian Women Save Micro-finance Bank Branch Office from Looting by Armed Rebels
March 31, 2004 [Hinche, Haiti] --The recent crisis in Haiti has had a devastating impact on the economy. However, Fonkoze, Haiti’s alternative bank for the organized poor, has weathered the storm relatively unscathed, largely due to the courage and dedication of its clients and employees.Better Physical and Financial Well-Being Ahead for Rural Poor in Haiti
Fonkoze and Zanmi Lasante Working Together
July 13, 2004 [Boucan Carre, Haiti] – Residents of Haiti’s impoverished Central Plateau are the beneficiaries of a joint effort by two community-based organizations— Zanmi Lasante and Fonkoze— to improve conditions and opportunities throughout the area.
Rural poor people to benefit from merger of MEDA rural banking program with Fonkoze, a Haitian micro
July 20, 2004 [Port-au-Prince, Haiti] -- Floods, coups, conflict, economic instability--these days, most of the news out of Haiti is bad news.
But now there's some good news, too, especially for the rural poor in this Caribbean nation who depend on micro loans and other financial services to improve their lives. Microfinance is the term used to describe the small loans, savings and other financial services offered to poor people in the developing world-people who, because they are poor, are not served by commercial banks in their own countries. A typical loan is usually between $50 and $500
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