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Stories tagged with microfinance
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Liberia is not particularly well known for its food. It’s a shame though. Trying Liberian food has been a valuable extension of my experience. The dishes are spicy, sweet, and salty; starchy, but full of various meats; and oh so exquisitely prepared and seasoned. Where else could... Continue Reading >>
It's funny how Brazilians have a different date for almost every typical western celebration. For example, Valentine’s Day is celebrated on June 12th and Father’s Day is celebrated on the second Sunday of August. Children’s day (Dia das crianças) is a pretty big event in Brazil too and it is celebrated on October 12th.
As part of this year Children’s Day, my field partner in Sao Paulo, Banco do Povo Credito Solidario, sponsored a day playing with Brazilian kids ("crianças" in... Continue Reading >>
Meet Javier Alberto Viscarra. A 49-year old entrepreneur, he recycles hospital waste to develop solutions for unwanted plastic. His product is simple, a machine that breaks down “low density polyethylene” – substance that plastic bottles contain – and recycles them as granules for reuse in the market. He developed his first machine in 2010 when he started his workshop with limited capital and his wife told him - "think of this as your... Continue Reading >>
With 40 years of experience behind her apron, Maria Dolores used a Kiva loan to transform a small artisanal breadmaking business into an ever-growing enterprise. Maria continues to use traditional methods, including a wood-fired stove, to produce each high quality loaf just as her mother once taught her. This traditional method, although time consuming, yields a tasty product favored by Maria’s customers in and around La Union, El Salvador.
With... Continue Reading >>
Coming into my fellowship, I was quite aware of some of the challenges of running microfinance operations. I knew that interest rates from certain microfinance institutions can be too high for borrowers to sustain repayments and that it takes a lot of manpower to disburse loans, perform loan assessments, and conduct verifications. But I only...Continue Reading >>
Most of us have heard at least once about Brazil: this enormously huge country, with crazy amazing beaches, great weather, great people, land of Gisele Bundchen, land of caipirinha and so on. For those who know a bit more about Brazil, perhaps you might know about Dilma Rousseff and its recent impeachment, the ongoing economic crisis that still hasn’t come to an end, the Olympics that were recently... Continue Reading >>