Posts Tagged ‘FONKOZE’

Microfinance Focus, July 9, 2010: Providing financial assistance to Haiti’s earthquake survivors, the American Red Cross has announced a series of expanded health, shelter and financial assistance Initiatives. Financial Assistance includes $9.7 million for a series of new or expanded programs that provide financial assistance to Haitians, including a $3.6 million expansion of cash grant and loan program with Fonkoze, Haiti's largest microfinance institution and ... Full story

Microfinance Focus, May 7, 2010: Citi announced it will provide $1 million in charitable contributions to three local microfinance institutions (MFIs) in Haiti to help restore the country’s microfinance industry which has suffered severe challenges in the aftermath of the earthquake earlier this year. The funds, which will be granted to Fonkoze, FINCA Haiti and SOGESOL, will help drive job creation, support livelihood preservation and ... Full story

Microfinance Focus, April 21, 2010 : Fonkoze, the largest microfinance organization in Haiti serves more than 2,00,000 borrowers announced a partnership with The MasterCard Foundation and Mennonite Economic Development Associates (MEDA) to spur economic recovery in Haiti. The $4.5 million from the foundation will restore Fonkoze's destroyed headquarters and enable its poorest clients to build new livelihoods. Overall, this program will benefit 70,000 clients. The largest ... Full story

By Nagesh Narayana Microfinance Focus, Jan. 30, 2010: In the past, microfinance services have helped to empower and provide stability for poor Haitians but the need is far greater now with the 7.0 magnitude earthquake devastating the nation on January 12 and leaving 200,000 dead. Those who survived were left without food and water for days and ... Full story

By Nagesh Narayana Microfinance Focus, Jan. 28, 2010: The U.S. government has put cash in the hands of Fonkoze, the largest microfinance institution in Haiti, in a mission that required close cooperation of the U.S. military, the United Nations and multiple U.S. government agencies, said posting on US government website. In the wake of the devastating earthquake that hit Haiti on January 12, Fonkoze was the only ... Full story

Microfinance Focus, Jan. 21, 2010: Whole Foods Market, a retail chain in natural and organic foods, has announced to provide a total of $1 million to Fonkoze, its Onsite Non-profit microfinance partner in Haiti. In view of the earthquake, Whole Foods Market is doubling its original commitment to now provide $1 million to its on-the-ground microlending partner in Haiti, Fonkoze, said a statement. As a microfinance institution ... Full story

Microfinance Focus, Dec. 27, 2009: Zynga, a social game provider, announced that several of its top games will run holiday campaigns to raise money for FONKOZE, Haiti's one of the largest micro-finance institution. Zynga will donate 50 percent of the proceeds from social virtual goods within its online games that run on Facebook and other platforms. FONKOZE, based in Port-au-Prince, is an alternative bank for the ... Full story