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icon: Notes from the Field Note from Haiti: Reaching the Rural Poor with Microfinance
Photo Caption: These rural women began their journey into microcredit with a $20 loan and a 50 cent savings account. They now have graduated to Fonkoze's solidarity credit program and a $79 loan. Photo courtesy of Fonkoze.USAID/Haiti's strategic investments in key partner financial institutions, through its Haiti MSME program, promotes the next generation of financial services in Haiti - financial services that can help stabilize and mitigate economic turmoil. The story of Fonkoze is a defining example of how strategic investments in new products, geographic expansion, and innovative technologies are all critical in reaching rural, poor clients with financial services.
Visit the Notes from the Field page [TEXT ONLY] to contribute a Note or see previous Notes.
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HIGHLIGHTS
USAID's Microenterprise Development office Seeks Microfinance Expert to lead integrated program. To foster economic growth and reduce poverty, USAID's MD office will initiate a bold, integrative approach that combines expertise in microfinance, value chains, remittances, the business enabling environment, social safety nets and more. Please see the job description and instructions for application at the link below. There are several positions posted at this link; note that the mentioned position is Program Officer (Policy and Institutional Development). The deadline has been extended to August 1.
This is a photo of a field courtesy of Action for Enterprise
FIELD Launches New Activities. With a focus on facilitating change in enterprise development, FIELD has recently begun two new activities: Sustained Market Access for Subsistence Farmers in Bolivia through Value Chain Participation and Promoting Learning on the Facilitation of Outgrower Schemes.
microNOTE Series Focuses on Microfinance and HIV/AIDS. The fourth note in the Microfinance and HIV/AIDS Note Series explores how savings services can help households build up their asset base to prepare for economic shocks related to HIV/AIDS. Prior Notes explored strategic partnerships between MFIs and other AIDS service organizations, achieving a common understanding between these groups, and microinsurance.
This is a photo of milking cows in Kosovo
Case studies explore value chain application in conflict-environments. Six guided cases studies have been developed under the Grants under Contract mechanism that explore whether and under what conditions the application of a value chain approach can help accelerate economic growth in conflict-affected environments. Cases cover work in Guinea. Haiti, Serbia, Kosovo, Uganda, and Rwanda.
Interested in learning more about microenterprise development at USAID? Read the Microenterprise Development at USAID Overview for information about USAID strategy, resources, partnerships, meeting the needs of special populations, and more.
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LATEST RESEARCH
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Join an online discussion on Savings: The Forgotten Half of Financial Interventions, on July 8-10
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