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Haiti - Economy : 3 grants from Clinton Bush Haiti Fund for economic growth 09/09/2011 13:33:00
HAND/EYE: $535,876 : The Clinton Bush Haiti Fund’s $535,876 grant to the HAND/EYE Fund will connect artists throughout Haiti to US and global markets, further invigorating the Haitian artisan sector. HAND/EYE will create the Artisan Business Network to provide artisan groups with product development and communication tools to effectively and efficiently design and export their work. In July, Martha Stewart and fashion designer Rachel Roy joined Macy’s CEO Terry Lundgren in a business visit to several artisan communities. HAND/EYE is now working with Macy’s on the retailer’s order for the fall, and the Artisan Business Network will employ more artisans as business with Haiti expands. The newly formed Network will also help generate and facilitate new orders with other retailers, such as Anthropologie. "Our relationships in Haiti demonstrate how retail can change the world," explains Lundgren. "With a little planning and a little effort, we can open up opportunities for people largely excluded from global commerce. The resulting income has a profound impact for artisan families and a ripple effect in their communities." FINCA Haiti $358,000 : The Clinton Bush Haiti Fund also announces a project with microfinance institution FINCA International (the Foundation for International Community Assistance). This $358,000 grant will help bolster the lending ability of its affiliate, FINCA Haiti. FINCA Haiti’s loans, which average just $300, provide access to credit for Haitians who are too poor to borrow from other lenders. FINCA specializes in village banking, which brings small groups of community members together as a financial support group. These village banks are predominantly made up of women, and give individuals newfound borrowing ability. "For more than two decades, FINCA has stood by the impoverished women of Haiti, helping them start, or expand, small businesses, and provide a better life for their families," says FINCA president and CEO Rupert Scofield. "This grant from the Clinton Bush Haiti Fund will strengthen FINCA Haiti’s loan portfolio, help us greatly expand our outreach, and help secure the program’s long-term sustainability." Inveneo $259,000 : The Clinton Bush Haiti Fund made a second grant of $259,000 to Inveneo, a communications technology NGO that is building computer labs in 40 rural Haitian schools. The Haiti Connected Schools program will use solar panels to power computer labs and bring rural broadband connectivity to schools in areas without reliable access to electricity. Working with local installers and sourcing equipment domestically, the Connected Schools program will cultivate business and employment opportunities for Haitian solar providers and IT technicians. This project complements the Clinton Bush Haiti Fund’s first project with Inveneo to train IT professionals and bring high speed data connections to rural regions in Haiti. See also : https://www.haitilibre.com/en/news-2851-haiti-economy-art-gives-a-new-life-to-350-haitian-families.html PI/ HaitiLibre
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