Tag Archives: Microfinance

Close to My Heart, Habitat for Humanity Launches IndiaBUILDS

New York, N.Y.  Habitat for Humanity International was very important to my father. He had been a college professor and loved to build houses during the summer as his hobby. Eventually he volunteered with Habitat for Humanity, becoming our hometown’s construction supervisor. At his funeral in 2007, a professional looking woman approached me saying, “I believe you have […]

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World Youth Initiative: Tomorrow’s Leaders, Solving Today’s Issues

New York, N.Y.  Last fall, teen philanthropist Isaac J. Kassin was awarded our James Jay Dudley Luce Foundation’s coveted Luce Leader 2012 Award for his work in philanthropy, including his signature fund within our foundation. Accepting the award at a gala at the law firm of Skadden Arps, 17-year old Isaac made an impassioned speech with […]

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Micro-Finance Meets Multi-Nationals at Clinton Global Initiative

New York, N.Y.  Nobel-prize winner Professor Muhammad Yunus, founder of the microfinance pioneer Grameen Bank of Bangladesh, addressed our breakfast at the Clinton Global Initiative (CGI) kick-off. Introduced by Hikmet Ersek, the C.E.O. of Western Union – the corporation that hosted this event – Muhammad was as inspiring as ever. Western Union, “Moving Money for […]

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Leopard Haiti Fund to Invest in Haiti’s Private Sector

New York, N.Y.  Good news for Haiti: Leopard Capital has announced the successful initial closing of Leopard Haiti Fund (LHF).  LHF is the world’s first private equity fund to operate and focus exclusively on Haiti since the 2010 earthquake.  The fund seeks to raise USD 40 to 75 million to invest in businesses in Haiti.  […]

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World Youth Initiative: Tomorrow’s Leaders, Solving Today’s Issues

New York, N.Y.  Last fall, teen philanthropist Isaac J. Kassin was awarded our James Jay Dudley Luce Foundation’s coveted Luce Leader 2012 Award for his work in philanthropy, including his signature fund within our foundation. Accepting the award at a gala at the law firm of Skadden Arps, 17-year old Isaac made an impassioned speech with […]

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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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Jim Luce on Microfinance

Jim Luce began his career in banking with the Japanese on Wall Street  in the 1980’s and quickly grasped the importance of microfinance in the developing world. Micro-Finance Meets Multi-Nationals at Clinton Global Initiative Fonkoze: Haitian Diaspora Unites Across U.S. Fonkoze Helps Rebuild Haiti through Microfinance Following Earthquake Zafen Microloan Program for Haitian Businesses Announced at NYC […]

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Son of Immigrants Pursues American Dream as well as Education Equity

Chicago Furniture Bank Founder on Young Global Leadership

As World Continues to Divide, Young Global Leadership Critical

Young Global Leadership Needed to Combat Threat of Climate Change

On the Emergence of New, Young, Global and Ethnic Leadership

My Experience: Why I Will Be A Torchbearer To Future Generations