Entries tagged with poverty

Leah Nedderman's picture
In A Broken City, Fonkoze Stands >
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
Microsavings Initiative Uses the PPI >
PreetiWali
• 01/13/10
• Posted in Ethiopia, India, Microsavings Initiative, Philippines, poverty, ppi
• Comments

Are the poor able to save money, even a few pennies a day or a week? The answer is yes, and microfinance institutions around the world are helping them do so by operating savings programs in addition to loans.

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sbrown's picture
Notes from the Field: SPMC in Senegal >
sbrown
• 12/10/09
• Posted in crs, field, poverty, Senegal, spmc
• Comments

Sharlene Brown and Jeff Toohig from the Social Performance Management Center at Grameen Foundation are currently in Senegal for a PPI training with Catholic Relief Services partners.

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PreetiWali's picture
PPI Shows Fonkoze that Clients Are Moving Out of Poverty >
PreetiWali
• 11/18/09
• Posted in Americas, Haiti, poverty, ppi, social performance
• 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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