Social Investing for Haiti
Our hearts go out to the survivors of the devastating earthquake in Haiti. There's both immediate disaster recovery to do, along with longer term rebuilding work.
First, if you haven't already, please consider giving to an organization that is doing recovery work right now in Haiti. Our friends and allies at groups like Mercy Corps and Haiti Partners are working on addressing key issues such as clean water and shelter for children. Our allies at Network for Good put together a list of organizations on the ground doing direct relief work today. With one click, you can donate to one, several or all of them.
Second, we'd like to point you to the resources from the online community investing center (maintained in partnership with our allies at the Social Investment Forum [SIF]) for ways you can invest your money to help Haiti rebuild over time. As you know, community investment institutions are in the business of making loans to low-income and underserved populations.
As one social investor recently put it: "Those who have a community investment with Fonkoze (for example) have been with the Haitian people before the earthquake, during the earthquake and will be there after the earthquake. Sometimes the world is very eager to help up front in a disaster, but the people are forgotten in a few weeks when the next disaster occurs."
At the online community investing center, you can search for the investment institution that is right for you by sorting criteria like issue area (health care, education, refugees, etc.), organization type (loan fund, housing developer, venture capital fund, etc.), or geographic impact area (any US state, or any nation). Searching for "Haiti" provides the following list of organizations already doing work on the ground in that nation:
- ACCION International – Microfinance
- Calvert Social Investment – Loan fund
- Catholic Relief Services – Microfinance
- Developing World Markets – Bank
- Emergency Liquidity Facility – Venture Capital Fund
- FINCA International – Microfinance
- Fonkoze – Microfinance
- Freedom from Hunger – Microfinance
- Habitat for Humanity International – Housing developer
- Mennonite Economic Development Associates – Venture Capital Fund
- Oikocredit – Loan Fund
- SERRV International – Social Enterprise