In a year when microfinance has been scrutinized like never before, Zafèn, has raised $350,000 in its inaugural year to fund business and social projects that generate sustainable economic development inHaiti. More than 500 projects across Haiti received an interest-free loan or a donation from funders worldwide in the past year, enabling people living in poverty to help themselves with an infusion of capital for ventures that do not qualify for funding from banks.
Rev. Robert Maloney, C.M., who chairs the International VincentianFamily Board. announced that “A new first-anniversary match begins April 1. All loans and donations made through Zafèn from April 1-8, up to a total of $25,000, will be matched by the International Vincentian Family.”