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Graduating Out of Extreme Poverty in Haiti … Permanently
Six years ago, microlending firm Fonkoze launched Chemin Lavi Mio, or the "pathway to a better life," pilot program. CLM is designed to move women and their families out of extreme poverty – permanently. It provides support over the course of 18 months through a carefully tailored package of asset transfers, improved housing and sanitation, water filters and, importantly, weekly visits that provide mentoring and guidance. Anton Simanowitz returns to Haiti to check on the poverty "graduation" effort as it looks to scale.
- Categories
- Impact Assessment
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Small Farmers Meet Big Data: How the data revolution could transform smallholder finance
The enormous gap between the supply and demand of formal credit for smallholder farmers has been well documented. Among the varied causes of this mismatch is the extreme lack of information on potential borrowers that’s available to lenders. Two recent data-focused innovations, however, could dramatically reduce these information challenges and the associated lending risks, which could help open up pools of capital for previously underserved populations.
- Categories
- Agriculture
