Fonkoze - Educating Individuals to Become Self Sustaining
Fonkoze - Educating Individuals to Become Self Sustaining
microfinance with other services such as medical treatment, remittances, empowerment,
insurance against risk and natural disasters, health insurance, and in particular, education to help
improve clients’ situations and contribute to the overall economy. Fonkoze was founded by
Father Joseph Philippe in 1994, when Haiti was in the midst of struggling for freedom and
equality, with the goal of providing Haitians with the means to develop themselves economically.
As a result, the foundation devoted itself to delivering microfinance and related educational
services to the most economically disadvantaged of Haiti—mostly women.
The organization believes that education is the cornerstone of economic democracy.
Since 52 percent of the Haitian population and over 60 percent of Fonkoze’s clients are illiterate,
Fonkoze offers literacy and educational programs in their 250 literacy centers throughout Haiti.
Their programs consist of four modules: two on reading and writing, one on business skills, and
one on sexual and reproductive health issues. Fonkoze is working on developing new additional
programs to focus on human rights and environmental protection. By March 2005, Fonkoze had
trained 22,000 individuals to read and write.22 These education programs, coupled with the many
microfinance products that Fonkoze offers, we believe will provide clients with more knowledge,
confidence, and tools to help them overcome all dimensions of the poverty that affects them.
Microfinance: A Platform for Social Change
by Marge Magner
March 2007
Grameen Foundation
Fonkoze Educating Individuals to Become Self Sustaining - To learn more about this author, visit Grameen Foundation's Website.
Like this article? Share it with your friends
Fonkoze, Haiti’s largest microfinance institution, is another good example of integrating
microfinance with other services such as medical treatment, remittances, empowerment,
insurance against risk and natural disasters, health insurance, and in particular, education to help
improve clients’ situations and contribute to the overall economy. Fonkoze was founded by
Father Joseph Philippe in 1994, when Haiti was in the midst of struggling for freedom and
equality, with the goal of providing Haitians with the means to develop themselves economically.
As a result, the foundation devoted itself to delivering microfinance and related educational
services to the most economically disadvantaged of Haiti—mostly women.
The organization believes that education is the cornerstone of economic democracy.
Since 52 percent of the Haitian population and over 60 percent of Fonkoze’s clients are illiterate,
Fonkoze offers literacy and educational programs in their 250 literacy centers throughout Haiti.
Their programs consist of four modules: two on reading and writing, one on business skills, and
one on sexual and reproductive health issues. Fonkoze is working on developing new additional
programs to focus on human rights and environmental protection. By March 2005, Fonkoze had
trained 22,000 individuals to read and write.22 These education programs, coupled with the many
microfinance products that Fonkoze offers, we believe will provide clients with more knowledge,
confidence, and tools to help them overcome all dimensions of the poverty that affects them.
Microfinance: A Platform for Social Change
by Marge Magner
March 2007
Grameen Foundation
Fonkoze Educating Individuals to Become Self Sustaining - To learn more about this author, visit Grameen Foundation's Website.
Like this article? Share it with your friends
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