Stories tagged with Peru

Nov 11, 2011 PE Peru

By Kate Bennett, KF16, Peru

My first loan officer training in June, at Fundación Alternativa in Quito, Ecuador

The most challenging part of loan officer trainings for we Kiva Fellows is not instructing loan officers to obtain signed consent forms from borrowers, or explaining how money moves from lender, to Kiva, to Caja Rural, to the client. The most difficult explanation is often how and why. That there are hundreds of thousands of lenders out there,...

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Nov 11, 2011 EC Ecuador

Compiled by Kate Bennett, KF16, Peru

Students from Fundación Paraguaya's financially self-sufficient San Francisco Agricultural School sell their products in Asunción's weekly farmer's market

This week’s Fellows Blog is armed with stories from the field: stories of the uncertain world borrowers live in, and how they (and we) cope with it. We’ve learned that everyone gets tired running a 5K in Paraguay, but for a good enough cause, we can...

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Nov 11, 2011 PE Peru

By Kate Bennett, KF16, Peru

The challenges of rural and agricultural microfinance are many: the least of which, in the case of Kiva Field Partner Caja Rural Señor de Luren, is living in the middle of the Sechura Desert. But Caja Rural’s clients show the same impregnable determination I witnessed during my first fellowship in Ecuador. Against all odds (and weather patterns), they’re growing their businesses, investing in their lives, and laying the foundation for a thriving future.

This week I had the pleasure of...

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Nov 11, 2011 PE Peru

By Kate Bennett, KF16, Peru

Last Friday morning my Fellows Blog post mentioned the devastation of the 2007 Peruvian Earthquake in Ica, Peru and the surrounding areas. At 2 PM local time later that day, another earthquake shook the city.

Kiva Fellow David Connelly, my predecessor here at Kiva Partner Caja Rural Señor de Luren, has written before about the 2007 8.0 magnitude earthquake. The statistics are chilling: 519 people dead, 1366 injured, and some 76,000 homes collapsed. “After two and a half years,” he wrote in 2010, “Ica is still very much recovering.” Last...

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Oct 10, 2011 KH Cambodia

Compiled by Kathrin Gerner, KF16, Rwanda

Kiva Fellows in East Africa

This week, you have no fewer than 14 new articles to choose from on the Kiva fellows blog: Let the fellows take you along on borrower visits across the world. Learn how Kiva field partners expand the reach of microfinance in Rwanda, fill the microfinance donut hole in Sierra Leone and improve social performance in Uganda. Find out what poverty is like in urban Tajikistan and rural Burkina Faso...

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Oct 10, 2011 PE Peru

By Kate Bennett, KF16, Peru

When I arrived in famous Nazca, Peru last week to complete some borrower visits, my mind was not on the celebrated and mysterious Nazca Lines but on the mystery of Caja Rural Señor de Luren borrower Gaby, who repaid her entire loan a mere month after disbursement.

I was checking in on Gaby’s loan as part of my borrower verification (BV) for Kiva Partner Caja Rural. The borrower verification item on a Kiva Fellow’s workplan always has us feeling anxious. One of the BV’s key objectives...

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Oct 10, 2011 PE Peru

Night falls on the beach in Southwestern Perú

By Kate Bennett, KF16, Peru

I spent last week at the beach. But from my resiliently pasty skin, you wouldn’t have guessed it. For better or worse, I wasn’t in Camaná, Perú to suntan and lay by the ocean, but in fact to visit borrowers with Kiva Field Partner Caja Rural Señor de Luren. Camaná was founded in 1539 under the name “Villa Hermosa de...

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May 5, 2011 AM Armenia

Compiled by Alexis Ditkowsky

Transportation is an apt topic when so many Fellows are saying goodbye (Sierra Leone pictured)

We’ve officially hit the point in the Kiva Fellows cycle where the current batch says goodbye just as the latest group is getting their bearings at Kiva HQ. Fortunately, there are a number of posts this week to help us through the transition and cheer us up. If you’re interested in a comprehensive image gallery of the hot...

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Apr 4, 2011 PE Peru

By Noreen Giga, KF 14, Peru

Founded in 1986, Prisma is celebrating 25 years of bringing “financial services and non-financial services to disadvantaged communities in order to strengthen them, and promote sustainable social and economic development.” And the credit branch of Prisma, Microfinanzas Prisma, formed in 1994 is celebrating 17 years of reaching Peru’s urban and rural poor.

Microfinanzas Prisma extends throughout Peru with a total of 15 agencies and 10 offices in the country.

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Apr 4, 2011 KH Cambodia

Compiled by Alexis Ditkowsky, KF14, South Africa

Classic trip to the field moment: a loan officer chats with a borrower (Peru pictured)

It’s hard to believe but the current batch of Kiva Fellows has been in the field for over two months and most of us have only a few weeks left to go. We’re getting swept up in completing deliverables, making the most of our final month in country, and starting to plot our lives after Kiva. (Travel plans = fun....

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