An important part of rebuilding after the earthquake has been providing rural communities with the capital they need to make investments in their economies and small business enterprises. Funding community-led microcredit enterprises is just the beginning. Lambi Fund has been busy running microcredit workshops that teach rural Haitians how to manage, lend money and operate these local credit funds. Providing these organizational leaders with the bookkeeping and financial skills necessary to maintain a local microcredit fund is an essential competent in ensuring the fund is a sustainable service available to everyone in the organization. An added bonus is that once these affordable loans are paid back, even more money is available to be loaned out to other members of the community to make purchases for their small business and farming needs.
Project Reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.
If you donate to this project or have donated to this project, you will get an e-mail when this project posts a report. You can also subscribe for reports via e-mail without donating or by subscribing to this project's RSS feed.