Citi Beefs up Haitian Microfinance Sector

International financial services firm Citi said it will offer USD1 million in grants to three local microfinance institutions in Haiti. Fonkoze, FINCA Haiti and SOGESOL will use the funding to extend their services to local micro entrepreneurs and small-business owners. The amount forms part of the USD2 million Citi pledged for relief and reconstruction efforts in Haiti.