Fonkoze is “Haiti’s Alternative Bank for the Organized Poor.” It is the largest microfinance institution (MFI) in Haiti, serving more than 55,000 women borrowers, most of whom live and work in the countryside of Haiti, and more than 175,000 with savings. With its network of 37 branches covering every region of Haiti, it is also the only MFI that is truly national in scope.
Fonkoze offers a wide range of services from micro-credit to savings products and money transfer services. The Fondation KANPE is partnering with Fonkoze specifically for the program called Chemen Lavi Miyò, or the ‘Road to a Better Life’. This program reaches out to those who are marginalized. Fonkoze will combine this program with Fondation KANPE to not only offer their community members a way to learn to run a small business but also access to real health care and education services with Canadian expertise.
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