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December 2, 2011
World Bank grants Haiti $255 Million for Education, Farming and Disaster Preparedness

The World Bank is allocating $255 million for Haiti's post-earthquake reconstruction over the next 12 months, including support for education, agriculture and disaster risk management, the bank said on Thursday.

The World Bank is allocating $255 million for Haiti's post-earthquake reconstruction over the next 12 months, including support for education, agriculture and disaster risk management, the bank said on Thursday.

 

December 1, 2011
Is Gilbert Bigio the richest man in Haiti?

January 1, 2004: First Investment Bank Launched in Haiti; Some Shareholders Have Dubious Pasts Seventy wealthy Haitians and Haitian-Americans officially launch Haiti's first investment bank, PromoCapital. The bank, a 50/50 joint-venture between Haitian and US shareholders, consists of two institutions: PromoCapital Haiti, SA—incorporated in Haiti as a "Societe Financiere de Developpement" —and PromoCapital USA, Inc,—a corporation registered in the state of Delaware.

November 3, 2011
Haiti creating home loan system for middle class first time home buyers

Haiti's struggle to rebuild homes. A few members of Haiti's small middle class will be able for the first time to get a mortgage.Haitian President Michel Martelly has launched his own housing program. Dubbed Kay Pa'm — Haitian Creole for "my own house" — it aims to provide mortgages to first-time homeowners who belong to Haiti's middle class.

PORT-AU-PRINCE, Haiti (AP) — Haiti's struggle to rebuild homes for hundreds of thousands of quake victims may be giving the impoverished nation something it has never had: loans to help people buy them. If efforts by international donors and local agencies succeed, at least a few members of Haiti's small middle class will be able for the first time to get a mortgage. Some of the efforts reach even further, offering micro-mortgages for families who make as little as $150 a month.