Rebuilding a shattered economy, $50 at a time (

I check in on the state of microlending projects in Haiti, and how they will fare in the post-earthquake economy:

As Haiti continues to dig out from the earthquake that leveled Port-au-Prince, local microlenders are gearing up to begin rebuilding the country’s shattered economy.

International aid groups have been “focusing on supplying food and shelter,” says Daniel Jean-Louis, a business professor at the State University of Haiti and Quisqueya University who also works as a consultant for local business groups in Port-au-Prince. “Nobody has talked yet about businesses resuming and people getting back to work.”… [read more]