Stories tagged with Ecuador

Jun 6, 2010 EC Ecuador

By Aurélie Dagneaux, KF11, Ecuador

One of my favorite questions when interviewing borrowers for new loans and journals (update on a loan), is: “What are your dreams and hopes for the future?”

Tough question, but on this one I always get an answer. The top 3 are: “build my house”, “give education to my children” and “improve my economic conditions”.

Why do I ask that question? To write the loan story, we try to tell you who the borrower is, his family details, his occupation, why he needs the loan, what challenges he faces,  the little plus to make you...

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May 5, 2010 EC Ecuador

By Aurelie Dagneaux, KF11, Ecuador

This post was originally named “I’m gonna be your eyes and ears”. This is how Kiva best describes his fellows’ job on the field. Indeed, we are sent to listen, watch and report how things are working over there, what neither Kiva nor you can see from San Francisco or your home country.

Why did I change the title then?
Firstly, because the meaning of this sentence is not straightforward, it takes time to figure it out.
Secondly, because we are more than just witnessing and reporting, we are also there...

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Apr 4, 2010 EC Ecuador

By Leigh Madeira, KF10 Ecuador

Seeing as it’s my final week in Ecuador, I decided to take Kiva’s commitment to P2P to the max by meeting a borrower who had actually received a loan that I personally made at the start of my Kiva adventure!  After reading Jose´s profile multiple times over the past few weeks, getting to meet him in person was by far one of the coolest things I have done so far as a Kiva Fellow, not just because we shared a connection through my loan, but because Jose has a very inspirational story and is living proof that microfinance works. 

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Apr 4, 2010 EC Ecuador

By Leigh Madeira, KF10 Ecuador

Anyone who visits Ecuador, Quito in particular, will likely hear that Otavalo, a town with 40,000 indigenous people about 1.5 hours from the capital city, is a must-see.  Is it for the beautiful beaches?  Definitely not.  The rainforest, cloud forest, or lush mountainous landscape?  Not that either.  The wildlife?  Nope!  Although Otavalo is a quaint town with great views of the surrounding volcanoes, it is a popular tourist destination solely because it has one of the most famous indigenous markets in all of South America.  In fact, Lonely...

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Mar 3, 2010 EC Ecuador

By Leigh Madeira, KF10 Ecuador

Although it´s more like Sacagaweas here!

What in the world am I talking about?  Well, today, March 13, 2010, is the ten-year anniversary of the US dollar being used in Ecuador.   That´s right, most people are unaware that the official currency of Ecuador (and Panama and El Salvador to name a few others) is the United States Dollar.

The US $100 bill

In early 2000, Ecuador´s economy was in “a...

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Mar 3, 2010 EC Ecuador

By Leigh Madeira, KF10, Ecuador

The more I read the Kiva Fellows blog, the more I realize that there is a lot of controversy surrounding Kiva, its Field Partners, and microfinance in general.  While I welcome the discussion, microfinance is a complicated concept and I have noticed that many times the criticisms are based on misconceptions of how Kiva and microfinance really work in the developing world.  Below please find a list of the most common misconceptions surrounding the topic along with why, in my humble opinion, they are indeed myths.

...

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Feb 2, 2010 EC Ecuador

Josh Wilcox, KF10 Ecuador

Throughout my Fellowship in Peru and now in Ecuador, I have been bestowed the opportunity to launch Kiva partnerships with 2 microfinance organizations and teach loan officers in various communities how to administer loans and interview borrowers.  However, after visiting the town of Chillanes, Ecuador with new Kiva Field Partner Cooperativa San José, this time I didn’t leave with the exciting feeling that I am helping bring the Kiva support and hopefully positive change to more people in underdeveloped communities.

Chillanes is a small,...

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Feb 2, 2010 EC Ecuador

As my first entry in the Kiva Fellows Blog, I thought I would answer the obvious question, “Why did you apply to be a Kiva Fellow”?    Leaving a (paying) job to work for free for 3 months doesn’t always sound appealing, yet I could not be more thrilled to start work in Ecuador as a Kiva Fellow at Fundación D-MIRO this Monday.

While filling out my application to become a Kiva Fellow, I was asked to write a short essay answering this very question and I would like to share with you my response:

I discovered my passion for service...

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Jan 1, 2010 EC Ecuador

by Josh Wilcox, KF10 Ecuador

Please join me in welcoming the latest Field Partner to the Kiva platform and third in Ecuador, Cooperativa San José!  They are headquartered in the small village of San José de Chimbo and have 5 other branch offices within the Bolivar and Los Ríos provinces.  Located in the heart of the country up in the Andes Mountains, Cooperativa San José offers various types of savings and credit products to its members.

Cooperativa San José will be working with Kiva to administer loans to their ventanillas rurales (group loans in the...

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Jan 1, 2010 EC Ecuador

By Josh Wilcox, KF10 Ecuador

Greetings from KF10!  As the first to start a placement with the most recent Fellows class, I’d like to share my first New Year’s experience outside the good ol’ US of A.  During the first week of my Kiva Fellows placement at brand new Kiva Field Partner Cooperativa San José, I was fortunate enough to spend December 31 recognizing and celebrating the Año Viejo (Old Year) while also welcoming in the Año Nuevo (New Year).  At Cooperativa San José, one of the Cooperativa’s suppliers of office materials gave...

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