The Multiplier Effect: Driving Haiti’s recovery by spending aid dollars locally

From Jacob Kushner / GlobalPost: Building Markets, an NGO, has connected Haitian businesses with foreign NGOs who can funnel humanitarian aid through the local suppliers and manufacturers in the aftermath of the devastating earthquake of 2010. Typically, the majority of contracts are granted to international contractors which are easier for foreign NGOs to vet but when contracts are granted to local vendors, the “multiplier effect” allows more money to flow through the local economy and employ Haitians. A directory built by Building Markets allows foreign investors to easily find trustworthy local businesses.

Read the Solutions Insights Lab interview with Radha Rajkotia of Building Markets.

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May 11, 2012

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