In 2020, the Raising Haiti Foundation began funding the provision of small loans ($25-$50) to 50 women clients per community. By July 2024, the program had grown to a total of 426 beneficiaries who received loans in the $76 to $1,132 range. By the end of 2024, the program will expand to enroll 500 clients, with an increasing loan range.
Most of the women use their loans to become entrepreneurs, or to expand their current businesses, selling goods in local markets. Some use them to purchase livestock or crop seeds, improving their farming outputs. Besides loans, the women receive training on topics such as business management, customer satisfaction, how to avoid supply shortages, and the role of local leaders in community development.
It says “low interest” on their website: https://www.smallholderfarmersalliance.org/programs
They’ve had 100% repayment rate for over a decade. One of the quirks of the program is that women band together with other women to ensure the loan is paid back. The maximum loan term duration is 6 months.
NB: All of this information is from the alliance. I haven’t seen anything from a third party to verify the claims.