In September of 2010, as a Kiva lender who was working in the school system at the time, I was pleased to see the announcement that Kiva would begin to investigate support of higher education loan products in a few countries. The higher education loan was an exciting idea because it had the potential to provide access to financial backing to those who wanted to pursue further education but were often limited by the lack of availability of funding in their country. The higher education loans hold much potential but it also introduces a whole other set of potentially troubling issues. As...Continue Reading >>
Stories tagged with Philippines
Compiled by Kathrin Gerner, KF16, Rwanda
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...Continue Reading >>
As I stepped out in the oppressive humidity of a Manila morning, my spirit was excited and ready to leave the protection of CCT head office’s wonderful air conditioning because this was the day I got to do another borrower verification. Previous fellows have shared different aspects of what a BV (Kiva speak for borrower verification) is and so for more detailed descriptions I will leave that up to them to share. ( Look here to see details of BV and here to see the conclusion to this fellow’s BV story).
There are different ways you can view what the BV does but I have enjoyed...Continue Reading >>
“To Luzon (Head office, NCR, C.Luzon, Rizal, Laguna-Cavite, Batangas) staff: Due to heavy rains and strong winds brought by Storm Pedring, management advised to stay at home. Work is suspended today. Kindly monitor our communities if help is needed. Ingat mga kapatid. God’s protection be upon us all!”
This was the text message I...Continue Reading >>
The phrase “The Circle of Life”, for individuals of my age demographic, typically conjures up images of Timon and Pumba. Hopefully I did not pull you into this blog under false pretenses but unfortunately the title is the only relation to the famous Disney movie. My hope is that you will continue reading in order to find out what “The Circle of Life” has to do with microfinance and Kiva.
First off, let me introduce you to the place, which is not Africa. For this circle of life I will be showing you around the workings of my MFI placement in Manila,...Continue Reading >>
Compiled by Kate Bennett, KF15, Ecuador
Last week our internationally-scattered Kiva Fellows introduced us to some of the men and women that compose the sixty countries in which Kiva works. From the woman in Cameroon who represents the strength of her nation; to the Phillipino men that must migrate from their country to make a living; to the young men and...Continue Reading >>
By Allie Cook, KF15, Philippines
There are currently an estimated 10 million Filipinos currently working abroad, about one-tenth of the population. They are called Overseas Filipino Workers or OFWs. OFWs generally see their families once a year.
This means there are millions of children growing up without a mother or father. Life is put on hold. Millions of birthdays are missed and marriages are postponed...Continue Reading >>
Compiled by Alexis Ditkowsky
Kiva Fellows observed Earth Day by sharing projects initiated by their partner microfinance institutions and host countries and by celebrating Kiva.org’s first batch of “Green Loans”. The upbeat mood also extended to anniversary parties at MFIs in Jordan and Armenia, enthusiastic endorsements to travel to Colombia, and reporting on a great...Continue Reading >>
I chose to be a Kiva Fellow so I could devote my time and skills to the cause to alleviate poverty and to have an experience of a lifetime. Fully aware that I may never have the opportunity to spend an extended period of time in the Philippines again, I also wanted to be sure that I took complete advantage of all that the country had to offer. At the top of my ‘To Do’ list was to become a scuba certified diver (and overcome my fear of being underwater). In order to check an item off my bucket list, I planned a weekend in Dumaguete, Negros, to get my scuba diving license. On the way I met...Continue Reading >>
It was a typical bright and sunny morning as I walked down the Talibon Pier towards the tiny boat that would take me island hopping for the day. I was greeted by six smiling loan officers already seated inside the boat; they watched as I maneuvered myself down steep sloping rocks, balanced on a beam to cross the water, and finally jumped onto the boat that would take me on an incredible forty-five minute ride through the Philippine Sea.
The water was calm, glistening under the sun’s rays. I couldn’t keep myself from uttering the same words over and over again: “This is so...Continue Reading >>