Karla Brom , former consultant and board member, USA
31 January 2024

I appreciate this story and the proposed solution. There is a real need for emergency funding to get MFIs through crises like the one in Lebanon. I speak from a similar perspective in Haiti, where many MFIs have had to shrink substantially or close altogether in the past several years. Many of those institutions have been in Haiti for decades (through earthquakes, cholera outbreaks and more) and have the same strong relationship with clients and have built the strong infrastructure that Youssef speaks about. Even impact investing funds are leaving that space since they see it as too risky and that is a huge shame.