Micro Credit is a major tool for promoting self-sufficiency

You might remember hearing a lot about micro-credit when Muhammed Yunus won the Nobel Peace Prize for establishing micro-credit programs in Bangladesh. Well, micro-credit also works in Haiti. The Micro Credit Facility is a very flexible form of help which provides loans to local entrepreneurs. Loans are based on the decision of the loan committee of the villagers, and should help the borrower make money while fulfilling an economic need in the local community.  Most loans are under $100.
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Market at Cavailon

 

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