Stories tagged with microfinance

Feb 2, 2013 AL Albania

Come with me on a journey to northern Albania, an area known for legendary hospitality, ancient citadels, and blood feuds.  In many villages in the north the people are not governed by 21st century...

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Feb 2, 2013 IN India
Last week I had the privilege of visiting Churachandpur, the second-largest city in the state of Manipur. Three borrower groups from the surrounding area were cycling out; that is, three groups were making their final repayments to WSDS and I was there to collect journal information for Kiva for the first time in India. It was a truly exciting, heartwarming, and awakening day for me, because it was a chance to see what these women have really been able to accomplish over the course of their six month loans.
 
So much of what we read and hear about the successes of... Continue Reading >>
Feb 2, 2013 US United States

  

MEET JESSIE GOLDENBERG: entrepreneur, New Yorker, and - as of today, Feb 25, 2013 -  Kiva Zip’s 150th crowd-funded startup in the US. 

Jessie is a smart, resourceful, double-shift working Brooklynite and NYU graduate. Her 6 month old business idea - turning a used 14-footer truck into a mobile fashion boutique that tours festivals, markets and college campuses called NOMAD - is already revenue-generating. So it begs the question: why did someone like Jessie...

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Feb 2, 2013 ZW Zimbabwe

Meet Henry Bartram,

A career private equity professional in London who, about a decade ago, gave up his suit and tie to manage the British Red Cross response in Aceh, Indonesia after the December 2004 tsunami.

Henry Bartram, Founder and Managing Director, with a colleague at Thrive Microfinance

This experience led him to more social impact opportunities and ultimately to him becoming a Kiva Fellow. Henry was a member a KF15 and KF16, serving in Liberia and...

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Feb 2, 2013 PH Philippines

Keith Baillie | KF19 | Philippines

Part I: Construction of a New Community

Following the Sendong typhoon, many Cagayan de Oro residents were displaced. I visited one of the resettlement villages, Xavier Ecoville.  Flood victims are still currently living in temporary wooden accommodation built by agencies like Habitat for Humanity.

Temporary housing:

But new permanent housing is being constructed, with the philosophy “We are not just building houses, we...

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Feb 2, 2013 NI Nicaragua
Mural outside Tecnosol's office in Managua, Nicaragua



For a moment, think about what you do in a normal, everyday, 24-hour time period.  Take a second; no rush. 
 
Got it?  Now imagine it without electricity. 
 
I’m guessing a significant portion of your everyday activities would suddenly become impossible, extremely less efficient, or flat-out uncomfortable.  Sure, you could probably go without some of the not-so-necessary first... Continue Reading >>
Feb 2, 2013 CL Chile
 
 

What does microfinance look like in a country that’s considered one of South America’s most stable and prosperous nations? (BBC)
 
That was my immediate thought when told I would be working in Santiago, Chile as a Kiva Fellow. Understanding how small loans and accessible financial resources factor into Chile’s economic environment will be my task for the next four months. 
 
Chile may have one of Latin America’s fastest growing economies, but just 40 years ago, it was home to one of Latin America... Continue Reading >>
Feb 2, 2013 TL Timor-Leste

I arrived in Timor-Leste about a week ago to begin a Kiva Fellowship, and you might be wondering where the heck that is. So I'll try to fill you in on some background while I ease into the place.

I like maps. Here's one of the world:

Timor Is Way Out There (Unless You Live in Australia)
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Feb 2, 2013 TJ Tajikistan
What? Where? Tajikistan is the poorest of the former Soviet states. It shares borders with Afghanistan, China, Kyrgyzstan and Uzbekistan.


Let’s just say that my first 24 hours in Tajikistan were nothing short of a nightmare. After navigating my way through an airport that would have to take out first prize as the worst in the world, I was in for an initiation like no other. I was caught in a car blockade, amidst a drug bust, and surrounded by black leather clad men clutching AK47s. My visa... Continue Reading >>
Feb 2, 2013 EC Ecuador

 

Ivonne prepping reports from home.

One of the little known facts about micro finance is that it is heavily dependent upon information technology.  Even though loan sizes are small the amount of transactions necessary to properly account for all of the transactions can, in the aggregate, easily exceed a million transactions a year for a given institution.  Recently I had the opportunity to work with Ivonne Balsecca. 


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