Haiti: Central Bank Offers Housebuying Program With Easy Process to Fasten Recovery Efforts

Source: Writeups 24

Haiti’s Bank of the Republic is reducing the credit risk of microfinance institutions that will further enable financial institutions to provide more microloans to the small businesses and individuals as the nation examines various long-term recovery options.

The impoverished nation’s Republic Bank has taken this decision in order to assist the country in a speedy recovery from the destruction caused by the 7.2 magnitudes of the earthquake.