DePaul University brings microfinance program to Haiti

DePaul University is collaborating on a microfinance program designed to increase investment in the country’s economy, DePaul Magazine writer Ruhan Memishi reports. Working with Vincentian organizations worldwide, DePaul hopes to lay the foundation to “give Haitians seed money to create and develop small businesses that will make a big difference.” The program, called Zafen, is [...]

Haiti’s economic jolt

As tens of thousands of Haitians struggle to recover from the horrific physical injuries they sustained in the Jan. 12 earthquake, their economy is suffering massive wounds of its own. Haiti’s “crippled” government expects the country’s economic output to plunge 25 percent this year, bloomberg.com reports. The 7.0 temblor that rocked the island caused tremendous [...]