Stories tagged with Dominican Republic

Jan 1, 2010 DO Dominican Republic

by Thomas Gold, KF9, Dominican Republic

One of the aspects of microfinance that is often overlooked when arguing about the interest rates charged to borrowers, or sustainability of microfinance institutions, is the actual cost of giving a financial service to the most isolated communities. I thought I would tell about my latest visit to a group of borrowers, so you would be able to picture it.

Reaching the group was pretty hard, and would have been impossible without the loan officers’ field knowledge. After taking a 25 Pesos ride with a...

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Dec 12, 2009 AM Armenia

By KF9, All Over The World

Merry Christmas! This holiday season Kiva Fellows are celebrating Christmas all over the world, in all sorts of different ways. Whether it be traveling, feasting, or working hard to bring you some additional Kiva magic over the holidays, it’s safe to say we’re all thankful to be serving as Kiva Fellows and glad to have found a wonderful community in Kiva.

We wanted to share what Christmas is like for KF9ers out in the field and around the world. So enjoy – and happy holidays!

In no particular order:

...

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Dec 12, 2009 DO Dominican Republic

By Thomas Gold, KF9, Dominican Republic

I am quite a picky person when it comes about writing. I really make it a point to write as properly as possible, even in a non-native language. Therefore, when I am writing an entry for the Kivafellows blog, I use to plan it, prepare a draft, then write it in French (my native language), spend a lot of time trying to translate it in English, and then I hand it to Gemma, another Kiva Fellow, who corrects my English text and make it look like if it had been written by a native speaker. However, this time I felt like I would try to...

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Nov 11, 2009 DO Dominican Republic

By Thomas Gold, KF9 Dominican Republic

For English version, click on “(more…)”, then scroll down.

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Après un mois passé dans la  succursale de Samanà de mon institution de microfinance Esperanza, me voici, de retour à la capitale Santo Domingo, après une journée entière de voyage. Samanà ne se trouve qu’à un peu moins de 250km de la capitale, mais le manque d’...

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Oct 10, 2009 DO Dominican Republic

By Thomas Gold, KF9 Dominican Republic

For English version, click on “(more…)”, then scroll down.

Après quelques jours dans la province de Samanà, une péninsule qui se situe au Nord-est du pays,  je n’ai pu m’empêcher de m’interroger sur l’utilité réelle et les bénéfices concrets du travail réalisé par mon institution hôte et surtout par la microfinance en général.

En effet, après avoir passé ces premières journées à faire de longs trajets, dans des conditions difficiles sur les quelques routes bosselées et mal entretenues de la péninsule pour...

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Oct 10, 2009 DO Dominican Republic

By Thomas Gold, KF9 Dominican Republic

For English version, click on “read the rest of this entry”, then scroll down.

« La République Dominicaine est un pays aux couleurs vives, musiques et danses irrésistiblement entraînantes et climat tropical».Voici la seule image que j’étais capable de me figurer, en attendant mon avion à l’aéroport de San Francisco, du lieu où j’allais passer les prochains mois de ma vie.

Une semaine après mon arrivée dans le pays, cette vague représentation s’est précisée et matérialisée, en...

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Jun 6, 2009 DO Dominican Republic

By Ashley Nelsen KF7/8 DR and Nicaragua

If Kiva had green microloans would you support one?  I am different from the “traditional” Kiva Fellow in the sense that I am spending my last semester of graduate school working full time as a fellow while researching the possibility of using microfinance to fund green or environmental microloans for my thesis.  Ideally, green microloans would work to improve income generation, health, and environmental conditions of the world’s poor.

The world’s poor interact on a daily basis with their natural surroundings, and depend on the natural...

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May 5, 2009 DO Dominican Republic

-More than micro finance

by Ashley Nelsen KF 6 & 7

The power of micro finance is the social programs that leave lasting improvements within entrepreneurs lives. While working in the Dominican Republic with the MFI Esperanza I witnessed first hand the impact of such social programs. Esperanza whose social programs include business training for their entrepreneurs, a savings program, affordable health care and insurance, vocational trainings, and loans for housing improvements ensure that their clients not only improve their economic livelihood, but are better educated,...

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Mar 3, 2009 DO Dominican Republic

Many people have expressed desire to see more Haiti loans. In response, I would like to explain what is currently taking place. Presently all Haiti loans must go through the Esperanza office in the Dominican Republic. This is because the Esperanza Haiti office (located in Cape Haitian) is not yet a recognized MFI. Kiva and Esperanza are working to finalize this and train staff on Kiva protocol. Not being a recognized MFI has limited our ability to post Haiti loans. BUT, I can say that starting in April (and beyond) we will begin to regularly post Haiti Esperanza loans. Instead of rushing...

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Jan 1, 2009 DO Dominican Republic

After approximately a year of waiting I finally made it to my destination: the micro finance institute (MFI) Esperanza/Hope International located in balmy, beautiful Santo Domingo! Kalie Gold (another Kiva Fellow) and Analin (Kiva Coordinator) have been gracious enough to show me the ropes, and there is plenty to do. Right now we are currently working on designing a short training course for getting better profile pictures, more journal updates, getting documents sent on a timely manner, etc.

I was really excited to learn that Esperanza/Hope International are getting ready to launch...

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