Before, I always worried about how I would support my daughter. Now, I'm able to buy medicine if she gets sick, and I don't have to worry about whether I'll be able to send her to school when she gets older. I'm so very happy to have this opportunity. They bear the double burden of having to take care of the household and in many cases providing a large share of the family income. From 1997 to 1999, CARE's microcredit project in Haiti helped 2,000 women in 54 community associations in rural areas.
CARE provides loans to community associations that in turn make loans to their members.
CARE also works with the community associations to provide administrative support and regular audits. With a repayment rate as high as 98 percent, microcredit programs in Haiti have proven that banking on women entrepreneurs makes good business sense.