Sunday, May 22, 2022

Grants and Loans in Haiti Need to Focus of Creating Jobs

   The New York Times is reporting that Haiti paid millions of dollars to France to gain its independence in 1804 and never has recovered from the poverty that was set off at that time. This, the Times said, explains why tens of thousands flee to the U.S. seeking refuge. 

   One wonders what the U.S. is doing to help the economy in Haiti. The U.S. is the single largest humanitarian contributor to Haiti, but what of help for the economy. A private charity, Hope for Haiti, offers grants of up to $30,000 to start businesses. Hope for Haiti also offers loans of up to $50,000 for startups. Are these grants and loans being properly used? It would be good to see a list of which businesses have used the loans and if their businesses have impacted the economy. It appears they haven't. 

   What of the working class? Are the grants and loans establishing businesses that need workforces? If they are going to endeavors that do that create jobs, they are worthless. 

   

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