Tag Archives: DePaul University

Zafen: Redefining “Interest” in the Changing World of Microfinance

Port-au-Prince, Haiti. Microfinance has taken a beating lately for shifting far afield from its humanitarian origins, originally funding tiny businesses run by poor women in developing countries to feed their families. It’s become a good idea gone bad, a charitable enterprise spoiled as profit surpassed people as the rationale for investment. It sickens the soul. […]

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Zafèn Haitian Microfinance Effort Engages Haitians to Forge a New Future

Port-au-Prince, Haiti. Haitians like Jean-Patrick Lucien are one reason Zafèn, a new online microfinance program targeting small- and medium-sized businesses in Haiti, has been so successful. Action-oriented people like Chicago photographer Jennifer Girard are another. Zafèn is marking its six-month anniversary in October and has already amassed an impressive track record of success. It has raised […]

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