Comments on: Rebuilding Microfinance in Haiti http://cfi-blog.org/2010/01/27/rebuilding-microfinance-in-haiti/ Thu, 11 Sep 2014 16:05:17 +0000 hourly 1 http://wordpress.com/ By: markaz18 http://cfi-blog.org/2010/01/27/rebuilding-microfinance-in-haiti/#comment-391 Fri, 29 Jan 2010 21:22:48 +0000 http://centerforfinancialinclusionblog.wordpress.com/?p=1294#comment-391 i particularly liked your post because it presented a possibility of a better future of the Haitians from a very different perspective. Haiti is currently under severe debt from financial institutions located in well developed economies and one can well imagine how the country’s current position will make matters worse. In his article, Haiti’s suffering is a result of calculated impoverishment, Seumas Milne talks about the need for the conversion of Haiti’s debts to aid, and the advancement of grants for development, instead of developmental loans. The article also mentioned Bill Clinton’s plans to use Haiti as an export processing zone, not realizing that it will not develop the economy as such. What the viable solution is to build the economy from within, through microfinance, as suggested by yourself. Thanks for the post.

]]> By: Peter Burgess http://cfi-blog.org/2010/01/27/rebuilding-microfinance-in-haiti/#comment-390 Wed, 27 Jan 2010 15:02:57 +0000 http://centerforfinancialinclusionblog.wordpress.com/?p=1294#comment-390 Dear Colleagues

Thank you for the message. All the points made are valid. Sogesol sounds like a good base for future rebuilding initiatives.

Little reference is made to the accounting and accountability dimension of relief and rebuilding. One of the main reasons that accountability is ignored is that the process for doing this have been expensive. Community Analytics (CA) is a powerful methodology and very cost effective. CA is about socio-economic progress and performance for the community, and
secondarily on on the activities and organizations that have been responsible for progress or failure.

In the CA system, the money being raised by organizations using Haiti as the “raison d’etre” have to show how these funds become value in a community in Haiti or do they in fact get lost along the way. It is a simple concept … made possible by ubiquitous information. At some point I would like to work with you on this.

Peter Burgess
Community Analytics

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