Solidarity Lending
Solidarity Lending Program
Solidarity lending is Fonkoze’s core microfinance program. It provides loans to groups of five women (called a Solidarity group), creating a built-in system of accountability and support. Beginning at $45 and increasing to over $850, Solidarity loans enable women who have already established themselves as microentrepreneurs to expand their businesses. Five or six Solidarity groups from a common geographical area join together to form a Solidarity “Center” of 25-30 women. Centers meet monthly to repay their loans, build community and participate in education and training activities. Solidarity Centers also act as a distribution network for key resources, including Fonkoze’s Education and Business Skills Training and Health services. At Center meetings, clients can receive life skills instruction, health screenings and disaster preparedness training. Over 100 Center chief representatives meet in Port-au-Prince at Fonkoze’s General Assembly each year to learn more about Fonkoze programs and engage in dialogue with senior Fonkoze staff. From the delegates, two Center chiefs are elected to represent their peers on Fonkoze’s Board of Directors. This democratic process empowers women with leadership skills and enables our clients to have a voice in Fonkoze’s work.
Solidarity lending is Fonkoze’s core microfinance program. It provides loans to groups of five women (called a Solidarity group), creating a built-in system of accountability and support. Beginning at $45 and increasing to over $850, Solidarity loans enable women who have already established themselves as microentrepreneurs to expand their businesses.
Five or six Solidarity groups from a common geographical area join together to form a Solidarity “Center” of 25-30 women. Centers meet monthly to repay their loans, build community and participate in education and training activities.
Solidarity Centers also act as a distribution network for key resources, including Fonkoze’s Education and Business Skills Training and Health services. At Center meetings, clients can receive life skills instruction, health screenings and disaster preparedness training.
Over 100 Center chief representatives meet in Port-au-Prince at Fonkoze’s General Assembly each year to learn more about Fonkoze programs and engage in dialogue with senior Fonkoze staff. From the delegates, two Center chiefs are elected to represent their peers on Fonkoze’s Board of Directors. This democratic process empowers women with leadership skills and enables our clients to have a voice in Fonkoze’s work.
What We Do
We provide financial and development services to empower Haitians – primarily women – to lift their families out of poverty. Learn More
Why Fonkoze?
For 28 years, our comprehensive approaches to allieviating poverty in Haiti have been proven effective year after year. Our programs and services are designed to meet individuals wherever they are on their journey out of poverty. Learn More
Your Impact
Your support by way of donations, spreading the word and more, allows us to continue providing Haiti’s most vulnerable the opportunities and support needed to rise out of poverty. Learn More