Stories tagged with Vietnam

May 5, 2010 VN Vietnam

By Alex Duong, KF9, Vietnam

“That’s my philosophy.  The key is to get up in that batter’s box and take a swing.  And all you have to do is hit one single, a couple of doubles, and an occasional home run out of every 10 at-bats, and you’re going to be the best hitter or the best business leader around.  You can’t play in the major leagues without having a lot of failures.
- John Donahoe, eBay CEO

Substitute “hitter” and “business leader” for microfinance institution and the quote is absolutely relevant. ...

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Apr 4, 2010 VN Vietnam
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It’s funny how death makes a person keenly aware of their responsibilities. You think about all the wrongs you  need to right, the people with whom you need to make amends, and the debts you need to repay. You’re lucky if you’ve never faced death. If you live in a developed country like the United States, things like tuberculosis, diarrhoeal diseases and stomach cancer don’t make it on the...

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Apr 4, 2010 VN Vietnam
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Dear Lender,

If you’re tuning in for the first time, you’re in for a treat!  Watch as a group of women in a remote province of northern Vietnam receive access to credit for the very first time.  Feel their hope, hear their fears, and share in the laughter =)

This is the last of a 3-part video blogging series in which I attempt to give you a snapshot of the person-to-person experience you...

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Mar 3, 2010 VN Vietnam
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Dear Kiva Lender,

A few weeks ago, I created a video introduction to what you might experience if you followed the money you lent on Kiva to Vietnam.  This time, meet the local staff and credit officers of the local micro-finance institution who make the magic happen.  You’ll hear of a credit officer’s story of the impact that micro-credit has had on her family directly.  Hope you enjoy!

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Mar 3, 2010 VN Vietnam

After four months at ground zero, I hold certain things to be true.  There will always be a tradeoff between quality and quantity.  Also, sustainable aid does not include giving money away.  Microfinance, which encompasses interest bearing loans, is currently a lead contender for sustainable development.  Perhaps that is why it has peaked the interests of so many.  And until most recently, I was concerned its current state was not sustainable.  Why?  Many MFIs are experiencing double digit percentage gains and hitting numbers that make any for-profit enterprise envious.

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Mar 3, 2010 VN Vietnam
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Dear Lender,

Have you ever wanted to see what happens to your money once you press the “LEND” button on kiva.org?  Well, wonder no more as I take you on a visual person-to-person experience into the rural provinces of Hanoi, Vietnam.  Every couple of weeks, I will be posting a video blog of what happens to your money from the ground up.  Enjoy this first episode as a teaser of what’s to...

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Feb 2, 2010 BO Bolivia

At microfinance institution Asociación Arariwa in Cusco, Peru, and now working with Emprender in La Paz, Bolivia, I have met a ton of animals.  Being an animal lover and from New York where I rarely see live animals walking around (unless the occasional stray cat or rat or cockroach counts), seeing animals as part of my daily life is a pleasure.

Here are several Kiva Fellow animal stories in photos -

Below are stories of Kiva Fellow animal encounters from around the world.  If you enjoyed Kiva’s Animal Kingdom, please consider making a loan to a Kiva entrepreneur who... Continue Reading >>
Jan 1, 2010 VN Vietnam

By Alex Duong, KF9, Vietnam

A recent interview with John Hagel of my employer Deloitte sparked the idea for this blog entry (article here).  According to Hagel, the US market is maturing to the point where solely focusing on product and process innovation have decreasing marginal returns.  A good example is Microsoft Office or the iPod.  At first, new products came out every 4-5 years.  Now it seems the product line must be refreshed every 2-3 years.  So what could serving the poor have in common with profit oriented businesses?  It turns out there are plenty of parallels...

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Jan 1, 2010 VN Vietnam

By Alex Duong, KF9, Vietnam

Before continuing, please take time to read colleague Victoria Kabak’s post on Nicaragua. I’d like her courageous efforts to be recognized. And if you are out to make a loan today, rather than Vietnam, please consider funding someone in Nicaragua here, particularly a borrower with AFODENIC.

Victoria, I don’t have an answer either. Perhaps build a regression model? But that is probably skewed by my swimming in a quantitative pool these last few days with friends cash flow and NPV.
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Ok, on to this post about ancillary...

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Dec 12, 2009 VN Vietnam

By Alex Duong, KF9, Vietnam

Vietnam has received consistent coverage on this blog since the Kiva Fellows 5th class (KF5).  Often there are snippets or video discussing the dangerous, lawless traffic of the streets.  And until now, there have been no solutions for navigating the madness.  Below is video of what I’m coining as the ‘wiggle.’  Watch how this man avoids cars, pedestrians, and other motorbikes.  Each little twist is a subtle yet intentional twist that finds the next opening.  Click to read about this fellow’s thoughts on Vietnam culture.

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