Stories tagged with Peru

Nov 11, 2010 PE Peru

Introduction:  Edpyme Alternativa (EA), the microfinance institution with which I currently work, offers a reduced interest rate product that is funded by Kiva lenders.  Edpyme Alternativa (EA) is using the product to reach unbanked or underbanked communities.  Because the capital that you, the lender, provides to EA is interest free and low risk, EA is able to take greater risks on local borrowers and provide them with a more affordable product.  In my opinion this is a beautiful use of the Kiva funding and one that I expect will take on a larger share of Kiva’s lending activity as...

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Oct 10, 2010 PE Peru

By Julie Shea, KF12, Peru

Living abroad and dealing with cultural differences will inevitably, at some point, present challenges and frustrations. I think it’s the manner in which we address, deal with, and learn from these challenges that make time spent living in a foreign culture so valuable. One of the challenges I had to deal with during my time in Pucallpa (a city in Peru’s Amazon region) was the attention I got from men as a female foreigner.

It came as quite a shock to me, after having spent time in Lima (the capital) and Puno (in the Andes region), where...

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Sep 9, 2010 PE Peru

By Julie Shea, KF12, Peru

Lately I’ve been thinking a lot about the relationship between microfinance and economic development of Peru on a countrywide scale. I’m struck by the fact that the microloans procured by female entrepreneurs, while instrumental in allowing the women to better their situations for themselves and their families, seem to have little direct influence on the economic development of Peru as a whole. For example, I have met very few loan recipients whose business activities are creating jobs; the majority of women work by themselves (and for themselves) in the...

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Sep 9, 2010 PE Peru

Introduction:

Below I provide a lens and a context for a conversation. I then provide a specific observation. I have multiple observations which I will present over a series of days. Hopefully this will permit you to read the whole post and also leave comments. Any and all comments, expecially personal experiences and other observations, would be much appreciated.

Lens:

Before leaving for Peru I attempted to obtain information about the cost and duration of a bus trip from Lima (the capital city) to Chiclayo where I would be completing my fellowship. Either as a...

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Sep 9, 2010 PE Peru

Introduction:

Below I provide a lens and a context for a conversation. I then provide a specific observation. I have multiple observations which I will present over a series of days. Hopefully this will permit you to read the whole post and also leave comments. Any and all comments, expecially personal experiences and other observations, would be much appreciated.

Lens:

Before leaving for Peru I attempted to obtain information about the cost and duration of a bus trip from Lima (the capital city) to Chiclayo where I would be completing my fellowship. Either as a...

Continue Reading >>
Sep 9, 2010 PE Peru

By Julie Shea, KF12

Since arriving at Manuela Ramos’s Puno office on August 12th, I have attended ten Community Bank monthly meetings and interviewed approximately 70 clients. In theory, the routine is the same: I meet up with the Community Bank’s Loan Officer (sometimes as early as 6am because we have far to travel), and we head off to the meeting together, often traveling via ”combi” (small vans) to ”moto-taxi” (motorcycle taxis) to car to ”moto-taxi”…depending on how remote the location of the meeting is, always the trip involves multiple modes of transportation, often it...

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Aug 8, 2010 PE Peru

Julie Shea, KF12

I can’t recall a time in my life that I felt something was unattainable because I am female. I would by no means argue that women in the United States and Denmark (the two countries I call home) have achieved complete equality, but nonetheless, I have never considered myself a feminist. As I learn about the historical status of women in Peru, I’m beginning to realize that my former resistance to feminist thoughts and movements is frankly a bit ignorant.

Despite the criminalization of discrimination in 2000, women in Peru still face discrimination in...

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Aug 8, 2010 PE Peru

By Julie Shea, KF12

I would like to preface this blog post by apologizing for writing about myself. It is my opinion that the Kiva Fellows Blog is not about the fellows – rather it is a place for us (the fellows) to let you (the lenders) know what is actually going on in the field; to discuss the realities facing the borrowers, the Microfinance Institutions (MFI’s) and the countries in which we are living. But after a mere week and a half in the field, I’m afraid it’s too early to relay any profound insights about the world of microfinance in Peru. So just this once, I’m...

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Jul 7, 2010 PE Peru

By Lyel Resner, KF11 Peru

EDPYME Alternativa is a fast-groing microfinance provider based in Chiclayo – the commercial hub of Northern Peru.   Kiva´s low cost of capital has enabled EDPYME to expand their market and target extremely low-income borrowers. In fact, EDPYME has built a loan product exclusively for Kiva borrowers – Capital Semilla, or Seed Capital – designed to meet the needs of their poorest clients. Many in this client base are farmers – they use Capital Semilla loans of $200-$600 to buy crop seeds (no lack of irony here in...

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May 5, 2010 PE Peru

By David Connelly, KF10 Peru

I recently finished up in Ica, Peru and moved north to start my second fellowship in Barranquilla, Colombia. After I left, I combed through everything I grabbed over 12 weeks with my Kiva issue FlipCam to make a little going away video that I thought I’d share on the Fellows blog.

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Learn more about Caja Rural “Senor...

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