HIFIVE Success Story: Expanding Financial Services to Smallholder Farmers and Entrepreneurs in Rural Haiti
This success story documents the story of an entrepreneur in rural Haiti who was able to obtain a loan and subsequently saw his income increase when the credit union Caisse Populaire Fraternité (CPF) opened a new branch in Plaine-du-Nord, Haiti in November 2012 with financial help from the USAID-funded HIFIVE project.
HIFIVE (Haiti Integrated Finance for Value Chains and Enterprises) is a USAID-funded program implemented by World Council of Credit Unions and FHI 360. It empowers Haitians by providing access to innovative financial services and products with a focus on rural areas, value chains, remittances, and the use of technology to expand financial inclusion.