by John Freund, CM | Feb 17, 2010 | Collaboration, Disasters and Responses, Formation, News, Poverty: Analysis and Responses, Systemic change, Vincentian Family, Vincentian Family Haiti Initiative
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,”...
by John Freund, CM | Dec 27, 2009 | Justice and Peace, Systemic change, Vincentian Family
GLOBE, a student-managed academic program at St. John’s University, provides loans to entrepreneurs in the developing world. Through GLOBE, students are educated about the world of microfinance while helping the poorest of the poor help themselves and their families...
by John Freund, CM | Aug 22, 2009 | Vincentian Family
Can ground-up “banking for the poor” work in the United States? In Belleville, Ill., a Society of St. Vincent de Paul council thinks micro-financing, pioneered by Nobel prize winner Mohammed Yunus, can. According to the National Catholic Reporter… The council...
by John Freund, CM | Jun 30, 2009 | Systemic change
“So, if you find yourself engaged in a debate about the usefulness of microfinance, from now onwards let the speaker know that yes microfinance has been proven to have a significantly positive economic (consumption, nutrition and asset accumulation) and social...