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Articles for microfinance

Fonkose steps toward systemic change

The 11/12/12 newsletter of the Sisters of Charity Foundation illustrates practical steps on the stairway to systemic change in Haiti. Fonkoze began with one loan product. Intent on reaching and empowering the poorest of Haiti's poor, Fonkoze was confident this loan...

Haitian artist creates jobs from “throw-away” items

Mrs. Solange Midi finds inspiration for her art by using things many people might throw away such as coconut shells and husks, straw, cardboard, scrap pieces of canvas, branches, and tiles. She transforms them into valuable and highly creative decorative and...

Zafen cited as model by Hilary Clinton

U.S. Secretary of State Hillary Clinton included content from our May Zafèn press release in her remarks today at the Global Diaspora Forum in Washington. She said: “Now, this story can be and is being replicated in country after country. For instance, we have Katleen...

Vincentian students spread message of microfinance to Viet Nam

Alina Rizvi and Marco Sementilli, this year’s St. John's University  GLOBE student fellows, accompanied Dr. Linda Sama to Vietnam for the program’s inaugural international visit with potential microloan borrowers and local Daughters of Charity, who serve as GLOBE...

Great news from Zafen! Getting it done!

"MercyCorps is lending 50% of the outstanding loan amounts to all Zafen projects currently on the site, up to 15,000 dollars. Their generosity is made possible thanks to support from Western Union, and because no current loan requests exceed $30,000, each loan will be...

"It's Our Business" – Haiti 350th Anniversary of Collaborative Project

As part of our worldwide celebration, the Vincentian Family has initiated a project, Zafen.org, in partnership with Fonkoze, the largest microfinance institution in Haiti, to empower sustainable, economic development in Haiti.  Zafen, Creole for “It’s our business,”...

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