Stories tagged with Anti-Poverty Focus

Dec 12, 2011

By Allison Moomey, KF16, Burkina Faso

The longer I’m with my partner microfinance institution, Micro Start, the more impressed I am with them.  Not only are they wonderful, hard-working people who get things done, but they also have a long-term, sustainable, and empowering vision.  I recently completed a credit and savings product survey, and one of the questions for each product is “what is the goal of this product?”  The answer always involved the word autonome, or autonomous.  Each product is working to eventually move the client to financial...

Continue Reading >>
Nov 11, 2011 ZA South Africa

By DJ Forza, KF16, Georgia

There’s a certain amount of introspective review that happens near the end of a Kiva Fellow’s time in the field, as previous Fellows have written about self-discoveries in spirituality, competitiveness, and self-acceptance. We’ve all gained a better worldview, certainly.  Witnessing extreme poverty, adjusting to life in a developing nation and participating in the small technological miracle of connecting Kiva Lenders and Borrowers can lead to some genuine soul-searching.  I’ve learned an important life lesson and, at the risk of...

Continue Reading >>
Nov 11, 2011 ID Indonesia

By Laurie Young, KF16, Indonesia

Vice Minister of Finance giving the Keynote Speech on the second day of the event

I was fortunate enough to be invited to accompany the Director of VisionFund Indonesia to attend the ‘First Microinsurance Marketplace in Indonesia’ coined ‘MIMPI.’  The event was a joint effort by the Indonesian Insurance Council, World Bank and the IFC with the three main goals being:

  • “To provide an opportunity to showcase innovations...
Continue Reading >>
Nov 11, 2011 PE Peru

By Robert Gradoville, KF16, Peru

The door to my Kiva office in Cusco, Peru

Should I become a Kiva Fellow? I imagine a lot of the Stories From The Field blog followers have considered applying to the Fellowship, or have wondered what the comparison is between the Kiva Fellows Program to similar volunteer or development programs abroad. This may include the Peace Corps, overseas research grants, ...

Continue Reading >>
Nov 11, 2011 NP Nepal

By Abhinab Basnyat, KF 16, Nepal

I had always been fascinated by the textbook stories in micro-finance: loans to buy cattle or to start a small tea-shop that supported income generating activities and had a tangible impact on people’s lives. When I met Kiva borrowers, Narayan Devi and Binu, and heard their stories I suddenly had the visceral confirmation that had been amiss in textbooks. Yes, micro-finance loans played an influential role to uplift livelihoods. But more importantly, it was the borrowers’ multi-faceted entrepreneurship that magnified the impact of micro-...

Continue Reading >>
Nov 11, 2011 PH Philippines

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 >>
Nov 11, 2011 NP Nepal

By Abhinab Basnyat, KF 16, Nepal

Kids playing on swings in Thecho village

Thecho village lies just six kilometers outside of Patan, a sub-municipality and headquarters of Lalitpur district. Thecho still has the charm of a village, albeit a rapidly changing one.

Corn being dried for planting next year

... Continue Reading >>
Nov 11, 2011 ID Indonesia

By Laurie Young, KF16, VisionFund Indonesia

Monday, October 31st marked the end of Rizky’s three-month probationary period as a loan officer in VisionFund Indonesia’s (VFI) Cilincing office.  This means on November 1st he would have become an employee of VFI with full benefits.  Sadly, he was not able to celebrate this milestone because on the evening of Friday, October 28th, he tragically passed away in a traffic accident while riding home on his motorbike from a soccer game with friends.   He was 20 years old.

... Continue Reading >>
Oct 10, 2011 UG Uganda

by Andrew Huelsenbeck, K16 Kiva Fellow, BRAC Uganda

The Second Bottom Line

One thing that’s gotten very popular with microfinance institutions (MFIs) lately is measuring success based on what is called a double bottom line. For a long time, the only bottom line for many MFIs was financials, but industry experts began to realize that looking good on paper did not amount to having any real social impact. This is why some MFIs have begun to use a second bottom line – social performance – as an additional metric...

Continue Reading >>
Oct 10, 2011 TJ Tajikistan

By Chris Paci, KF16, Tajikistan

Note: I have given Rahim a pseudonym to protect his privacy. Photos do not picture the locations mentioned in the text.

“Be careful,” called Rahim from somewhere above my head. It was pitch black, and I felt for each stair with the toe of my shoe, slowly working my way up to where Rahim stood. Shards of fallen concrete snapped beneath my boots.

Rahim was standing in front of a door and fiddling with his keys. “Sorry, we have no lightbulbs in the stairwell. It’s difficult to see,” he apologized, just as the lock snapped...

Continue Reading >>

Pages