Business loan program to help in Haiti recovery - KWWL - Eastern Iowa Breaking News, Weather, Closings

Business loan program to help in Haiti recovery

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Former U.S. President Bill Clinton is back in Haiti to launch a new business loan program.

The former president says the first loan in the $20 million program is going to a company that produces crafts for export.  Clinton says the $415,000 loan to Caribbean Crafts will allow the company to replace a workshop that was destroyed in the January 2010 earthquake and add employees.  Business loans are hard to get in Haiti and Clinton says he believe such financing is essential for the country to recover from the devastating quake.

Clinton has been active in Haiti reconstruction through his foundation and as co-chair of the Interim Haiti Recovery Commission.

 

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