(Photo: Clinton Bush Haiti Fund)
By the Caribbean Journal staff
The Clinton Bush Haiti Fund has granted $850,000 to Fonds Haitien d’Aide a la Femme, a microfinance institution created and led by women.
The grant will help hire and train Haitians for director positions, as well as update its lender technology system.
“By reaching out to women through small business loans, we are also reaching out to her suppliers and customers in the community,” said Henrietta Holsman Fore, Clinton Bush Haiti Fund board member and former administrator at USAID.
“Research shows that these microloans mean more than just invigorated businesses and empowered women, they also mean invigorated communities with education for children and healthcare for families. FHAF places a high value on pulling women into the Haitian economy, and it deserves the opportunity to succeed.”
The grant will be accompanied by mentoring and strategic expertise from Nodus Consultores, an international consulting firm.