Stories tagged with Entrepreneurial Support

Oct 10, 2012 CR Costa Rica

En route to San Carlos for some BVs

Visiting borrowers in rural Costa Rica

By all accounts, borrower verifications (BVs) have been a highlight for all Kiva Fellows who have had them on their work plans. I started mine last week, but I have to admit I went into them feeling apprehensive—especially since not all borrowers fully understand how Kiva works or how Kiva is even related to them.They all know they get money from the local bank...

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Oct 10, 2012 GO Global Update

I recently ran a quick survey of my fellow Fellows to find out what we were all doing at the age of 17. We generally consider ourselves a pretty ambitious, well-travelled, well-read bunch; these days, at least. Responses I got spanned the following:

‘I was sneaking into bars in Costa Rica, where I was studying abroad. Upon my return, I was plotting my next escape from my boring hometown.’
‘Slowly slowly subbing all the liquor in my parents’ cabinet for water’
‘I was at Miss Porter’s School for Girls, sneaking off in...

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Sep 9, 2012 NI Nicaragua

He is named Global Young Leader by the World Economic Forum and is on the Forbes 40 under 40 list.
It is easy to become impressed, maybe intimidated by a person that holds such accolades. But Premal Shah, president of Kiva, is the last person to become intimidated by. However, impressed? Yes, highly. And he was coming my way to Nicaragua.

Premal Shah’s lender page on Kiva. Note that he made over 300 loans.

The only time I...

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Sep 9, 2012 ZA South Africa

In January of this year, a fatal stampede occurred at the University of Johannesburg while students and parents waited at the University’s gates, anxious to secure one of several hundred last-chance places. The stampede left one dead and several injured, and is a tragedy emblematic of the societal difficulties engendered by lack of access to education in South Africa. Last year, About 85,000 students had applied for the roughly 11,000 seats available at the University of Johannesburg; 20,000 more than the previous year. While access to education is tough to come by, there are organisations...

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Aug 8, 2012 UG Uganda

On my seemingly endless journey from NYC to Kampala, Uganda, I barely slept at all.

Free movies on the plane, my recently updated Spotify playlists, even SkyMall – none of it appealed to me.  Why?  I was so engrossed in my book, Freedom From Want, that tells the story of BRAC and how it evolved from a small, temporary solution to a devastating cyclone that hit Bangladesh in 1970 to today being the largest development organization in the world by many counts.

We all are familiar with Bangladesh’s other major development...

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Aug 8, 2012 KE 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...

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Aug 8, 2012 GE Georgia

Most borrowers on Kiva get loans to help them grow their existing business. But now there are loans on Kiva to help low-income borrowers start a new business. Watch this video to see how “start-up” loans are transforming lives in Georgia….

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Ward Lassoe ...

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Aug 8, 2012 PK Pakistan

Racing against the onset of monsoon season and the holy month of fasting, Ramadan, my female colleague Shazia and I challenged ourselves to travel 1,500 km across South Punjab to meet with seven borrowers in three days.

The mission was to complete an audit of sorts, known as a “borrower verification.”

What may seem like an awkward, laborious task is in fact most fellows’ favourite part of their fellowship — the chance to travel and meet borrowers in the flesh.

To meet Rani, we had to park our car under the sole tree on that lane...

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Jul 7, 2012 GO Global Update

Luan Nio and Olivia Hanrahan-Soar |  KF18 | Nicaragua and Zambia

Kiva works hard to facilitate a connection between lenders and borrowers, through photographs, video interviews, and email updates from the borrowers themselves. Nothing compares, though, to the experience of being able to meet that borrower in person and see how your funds and the funds of others have had a tangible impact on his or her life.

Two Kiva fellows recently got the extraordinary opportunity to visit a borrower they had personally lent money to.

Luan from...

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Jul 7, 2012 KE Kenya

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...

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