November 2011
9 posts
5 tags
New Crops Grow + New Jobs Created
In January the Societe de Management, de Développement et Services (SOMADES) received a Zafen loan for their farmer training and crop diversification project.
Since then, the owner has rented farmland and bought an irrigation pump. Then he enclosed the land to prevent animals from coming to eat the crops and planted diverse crops - banana plantlets, papayas, hot peppers, okra, cabbage, and...
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Smart Investments in Haiti
We currently have dozens of important projects in need of funding. Projects that will expand small businesses, put people to work and strengthen local economies. Rather than focus on just one, we’re going to use this post to highlight 3 smart investments in the future of Haiti.
A loan to the clothing shop at Rendez-vous Bureau pour la Promotion Social (RBPS) will allow them to stock up on...
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Success at CADRI as Production Increases and New...
Back in May, Centre d’Appui et de Developpment Rural (CADRI), a community organization in Mirebalais, received a $8700 loan from Zafen. Their plan was to purchase a new corn and sorghum grinder so as to increase production and hire 8 additional staff members.
Recently, one of our Business Analysts checked in with them to see how they were doing.
As predicted, the new equipment allowed...
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A Visit to Ile-a-Vache
Recently one of our staff members had the pleasure of visiting Village Vacances on Ile-a-Vache, a wonderful vacation spot and thriving business seeking to expand with the help of a Zafen loan.
We asked him to tell us about his weekend getaway:
Village Vacances is a small resort that is fairly new and expanding from four bungalows to eight.
The bungalows are small houses that each have a...
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Help Open a Pasta Shop in Lathan
Your small loan can help Mr. Joseph open the first pasta shop in Lathan. With a loan from Zafen, he hopes to build a pasta shop from the ground up - purchase supplies, a back up power source, a freezer, an oven… everything he needs to make his new business a success.
In addition to purchasing its ingredients from local vendors, this new business will create 4 full time jobs.
Click here...
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New Oven = New Business at La Baguette
La Baguette is the only surviving bakery in the Carrefour Shadda area and its business was doing OK. But they knew it could be better if only they had the money for a new oven.
With a Zafen loan they were able to purchase that oven. In turn, they were able to increase production and hire 6 additional employees.
Even with temporary setbacks (a broken-down generator) their business is thriving....
