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A Bank the Poor Can Call Their Own

Collection:
Black Caribbean Literature (BCL)
Contributor:
Hastings,Anne (Author), Kurz,James (Author), Felix,Katleen (Author)
Format:
Journal Article
Publication Date:
Oct 2010
Published:
Cambridge, MA: MIT Press
ISBN:
1558-2477
Location:
African American Research Center, Library, University of Illinois at Urbana-Champaign
Subject Term:
Caribbean area, Haiti, Social conditions, Banks and banking, Emigrant remittances, Poor, Earthquakes, Natural disasters, Financial services, Rural population, Bank loans
Notes:
Part of a special journal issue dedicated to strategies for societal renewal in Haiti., Fonkoze, "the bank the poor can call their own," is a bank that provides more than just loans. It also sees access to reasonably priced savings, remittance transfer, and currency conversion as a right of even the poorest. This article tells the story of how -- after the devastation of the 2010 earthquake -- Fonkoze found itself positioned to serve Haiti's rural population before other banks were back on their feet.