My Fellowship workplan has been focused a little more on the technical side of things, with more application programming and appraisal analysis than borrower verifications. From such projects, and also because I come from a banking, lending and risk management background, it seems fitting to at least put forth some observations regarding the use of credit scores across the Kenya micro landscape. However, the way we approach credit scoring in the USA is almost opposite from current practices here, where aggregated financial data at the individual level could still be years away....Continue Reading >>
Stories tagged with Kenya
Sitting in the Virgin Atlantic flight to London after 10 weeks in the field, I knew of one thing with absolute certainty – Kenya will rightfully own a piece of me forever.
Never have I found myself in a new country, expecting it to change me. But Kenya surpassed all unreasonable expectations. Seeing such diversity of nature, living in local communities, soaking in the culture, meeting small people with big dreams… I transformed myself.
All because I followed a basic survival model I like to call -
The...Continue Reading >>
It’s once again time for an update from our Fellows in KF-18. This week we have three posts from four fellows, all of whom are busy learning from and making a difference in their respective assignments. From looking for potential Kiva Zip borrowers in Kenya, to crossing a wide swatch of the South Punjab region in order to visit clients, these fellows will do what it takes to get the job done. And best of all, they are...Continue Reading >>
Visiting Kiva borrowers is always a special part of a Fellow’s experience. Fellows are the lucky ones who actually go out and meet the people that Kiva capital helps. In some cases we even get to meet the borrowers who we’ve lent money to directly – see Luan & Olivia’s terrific blog on True Connectedness!
As we ramp up Kiva Zip and assess our progress, we have had the additional pleasure of meeting the dynamic people and organizations that have been endorsed as trustees. These folks are from diverse backgrounds –...Continue Reading >>
This week’s update from the field covers a number of Fellows’ experiences as they work on adapting their MFIs’ innovative products to Kiva lenders, as they continue to develop Kiva’s newest and most innovative initiatives, and as they continue to visit borrowers – in this case borrowers whose loans they themselves financed! ...Continue Reading >>
Kenya’s got milk alright, and it’s a good thing, because just like good ol’ USA and Starbucks, I’m not sure what people here would do without their twice daily milk tea! Milk is big business; an integral part of Kenya’s expanding agricultural sector.
I just returned from Eldoret and the Kerio Valley and while there, I shot video footage for a new cooling plant loan product at my MFI, Juhudi Kilimo, who specializes in...Continue Reading >>
I lived the life of a Kiva Zip borrower for a day as I rafted down the Nile in Uganda. It all started last weekend when the brave expats of Nairobi and Kampala decided to meet in Jinja. Jinja is a quaint city in Uganda serving the best Rolex, and is also the place where the Nile originates. With every natural wonder of the world comes some adventure – a full day Grade 5 rafting trip at the Source.
As a first-timer to extreme action sports in the water, I decided to tune in to every emotion – the anticipation of a class 5 rapid, the heightened fear every...Continue Reading >>
When I first met the other Kiva fellows, I asked them where they would be working. I heard Kenya, Peru, Indonesia, and many more places I someday hope to visit. I listened and began to share their excitement, worries and curiosities.
Then they asked me where I would be working on microfinance.
“Um, New York.”
“Um, isn’t that where you’re from?”
Indeed it is....Continue Reading >>
Compiled by David Gorgani | KF17 + KF18 | Guatemala
It’s official – the Fellows have taken to the field! This week’s update touches on many different Fellows’ experiences visiting Kiva borrowers in the field and traces the similarities and differences we face in our borrower visits, all with a strong undertone of inspiration. Let’s face it folks, this is why...Continue Reading >>
By Patrick Seeton | KF18 | Kenya
I’ve been in Nairobi for just over two weeks (and more importantly three weekends!) and what has struck me most, beyond the friendliness of the people and the ever-present dust and diesel fumes, is the social scene and its social enterprise scenesters.
Kenya has undergone a transformation in recent years – the removal of long time president Daniel Moi in 2002 and subsequent democratic election of current president Mwai Kibaki was the start in a chain of events that has led to a resurgence in Kenya’s standing in the region...Continue Reading >>