Posted inHaiti

Haiti’s central bank offers homebuying program, eases rules to help recovery effort

To help revive economic activities in the earthquake-ravaged southern region of Haiti, the Bank of the Republic of Haiti said it will reduce the credit risk of microfinance institutions, Le Nouvelliste reported Monday. The move will allow those financial institutions to provide more micro loans to small businesses and individuals, as the country explores various long-term recovery options.

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