The Fonkoze Family Structure
Fonkoze is a family of organizations working together to provide a comprehensive, collaborative, and effective approach to alleviate rural poverty in Haiti.
Sèvis Finansye Fonkoze (SFF) is a non bank financial institution that offers a full range of financial services in Fonkoze’s 46 branches throughout Haiti. These services include microfinance, savings, foreign exchange, domestic money transfers, international remittances, insurance, call center and other financial services.
Fondasyon Kole Zepòl (Fonkoze) is a Haitian nonprofit institution that provides development services and programs to support the ultra-poor and Fonkoze’s microfinance clients with the resources and skills they need to overcome obstacles and become successful on their climb up Fonkoze’s Staircase Out of Poverty. Its services include adult education, preventative and promotional health care, and business skills training. Fonkoze also conducts Social Impact Monitoring in order to measure Fonkoze’s impact on clients’ lives and uses that data to further innovate on behalf of Fonkoze clients, testing new programs and products including financial products for youth. These development innovations have been internationally recognized by GuideStar and Philanthropedia, among others.
Fonkoze USA is an American 501(c)3 nonprofit organization dedicated to securing financial and technical support for its Haitian partners. It educates the American public about Fonkoze’s work in Haiti, facilitates technical assistance for the two Haitian entities, and raises money to support Fonkoze’s programs, including education, business training, and health services. Fonkoze USA also acts as a channel for socially responsible investors who want to “invest” in Fonkoze’s loan fund by lending their money at subsidized interest rates. Fonkoze USA gives American donors access to tax advantages available to the fullest extent allowed, and conducts the necessary due diligence on Fonkoze’s operations.