Apply to Join

Build Community-Run Enterprises in Rural Haiti

by Lambi Fund of Haiti
Build Community-Run Enterprises in Rural Haiti
Build Community-Run Enterprises in Rural Haiti
Build Community-Run Enterprises in Rural Haiti
Build Community-Run Enterprises in Rural Haiti
Jul 2, 2012

New projects are helping rebuild Haiti

Lambi Fund recently approved the launch of eight new projects that are helping move rural communities in Haiti along the long path towards recovery.  

One exciting project is the creation of a community credit fund for the women's organization AFAGM.  Lambi Fund is providing training and the capital needed to start the fund.  Workshops that train members on community credit fund management, bookkeeping, issuing of loans, organizational capacity building and more are on the horizon.  These important training sessions will provide members of AFAGM with the tools they need to successfully and sustainably manage their credit fund.

The exciting part of this project is that members of AFAGM will have access to affordable credit.  Current loans from banking institutions in Haiti charge upwards of 50% interest.  Now, women will be able to receive loans at 2.5%, which will help them purchase supplies, inventory and other goods for their small business enterprises.  These business investments increase incomes and help send their children to school and improve the quality of life for their children.

Links:

Share on Twitter Share on Facebook
Comments:

About Project Reports

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.

Get Reports via Email

We'll only email you new reports and updates about this project.

Organization Information

Lambi Fund of Haiti

Location: Washington, DC - USA
Website:
Facebook: Facebook Page
Twitter: @LambiFund
Project Leader:
Marie Marthe Saint Cyr
Executive Director
Washington, DC United States

Funded Project!

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
   

Still want to help?

Support another project run by Lambi Fund of Haiti that needs your help, such as:

Find a Project

Learn more about GlobalGiving

Teenage Science Students
Vetting +
Due Diligence

Snorkeler
Our
Impact

Woman Holding a Gift Card
Give
Gift Cards

Young Girl with a Bicycle
GlobalGiving
Guarantee

Sign up for the GlobalGiving Newsletter

WARNING: Javascript is currently disabled or is not available in your browser. GlobalGiving makes extensive use of Javascript and will not function properly with Javascript disabled. Please enable Javascript and refresh this page.