Posts Tagged ‘Haiti’

Mercy Corps to use mobile money in Haiti for humanitarian assistance

Microfinance Focus, Sep 22, 2010: Haitian wireless operator Voila, a subsidiary of Seattle-based Trilogy International Partners, and Unibank, a financial institution in Haiti, are teaming with international relief and development agency, Mercy Corps, to launch a humanitarian assistance program which will enable Mercy Corps' cash-for-work, grant and food voucher recipients to use their Voila phones as mobile wallets, according to an official statement. Subsequent to Banque ... Full story

American Red Cross gives $3.6mn for Fonkoze’s microfinance program

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 News Synopsis: AccessBank awarded ‘5-diamonds’ by MIX

Microfinance Focus, May 24, 2010: Microfinance News Synopsis brings a compilation of industry headlines broadcasted by other news media from across the world. AccessBank awarded ‘5-diamonds’ by MIX: The leading microfinance business information provider, Microfinance Information Exchange (MIX), has awarded AccessBank with 5 diamonds – its highest ‘transparency’ rating. According to the Bank, MIX compiles data from microfinance organizations around the world and gives them a ... Full story
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FINCA Microfinance gets $ 30, 000 from Lockheed Martin

Microfinance Focus, May 21, 2010: Washington based FINCA, has recently received $ 30, 000 from Lockheed Martin, a global security company. Funding will provide much-needed loan capital for FINCA’s clients in Afghanistan and El Salvador, and support FINCA Haiti's Relief Fund efforts, as both clients and staff begin the long road to recovery, following the devastating earthquake of January 12th.   FINCA President and CEO Rupert Scofield ... Full story

Microfinance: New helpline during natural disasters?

By Asma Azmi Microfinance Focus, Feb. 27, 2010: World’s poor are the major victims of any natural disaster striking our planet. Their meagre livelihood leaves them vulnerable to the post disaster upheavals. Faced with unemployment and unsteady market conditions, their lives become a constant struggle for daily sustenance. Although there is always a surge in aid and grants to a disaster affected region, they are often poorly ... Full story

Microfinance institutions step up relief for quake-hit Haitians

Microfinance institutions step up relief for quake-hit Haitians
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 highlights Haitian water crisis on twitter

Microfinance Focus, Oct. 13, 2009: has officially launched technology that uses the Twitter API platform to connect friends and spread the word about the Haitian water crisis via Twitter. The site,, was announced by co-founders Gary White and Matt Damon at the 2009 Clinton Global Initiative Annual Meeting as part of a $2 million commitment to serve at least 50,000 people in Haiti ... Full story to provide $2 million to help 50,000 people in Haiti

Microfinance Focus, Sept. 23, 2009: At the opening plenary of the Clinton Global Initiative Annual Meeting, co-founders Matt Damon and Gary White have announced the organization's $2 million commitment to provide 50,000 people in Haiti with safe water and sanitation over the next three years. Full story

IFAD approves $218 million for rural poverty works worldwide

By Naagesh, N. Microfinance Focus, Sept. 17, 2009: At its board meeting in Rome, the International Fund for Agricultural Development (IFAD) has approved $161.56 million in loans and $56.26 million in grants for projects helping smallholder farmers adapt to a changing climate and contributing to reductions in greenhouse gas emissions. Full story
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