Stories tagged with Facilitation of Savings

Dec 12, 2011 EC Ecuador

By Kate Bennett, KF15 Ecuador / KF16 Perú

My first placement in Ecuador was my first time in the country. Turns out that Ecuador is every bit as incredible as the guide books say, and more. I was continously struck by the warmth and openness of the Ecuadorian people (and their passion for politics!), the beauty of the mountains, jungle, and countryside, the richness of Ecuadorian food, the strength of the Kiva borrowers I met there, and my persisting inability to salsa as well as my coworkers. These are a few of my favorite photos of my time there. Stay tuned for my next...

Continue Reading >>
Dec 12, 2011 ID Indonesia

By Laurie Young, KF16

Awhile ago I attended a Kiva loan disbursement for VisionFund Indonesia with my Kiva Coordinator, Valentine.  She and I were both intrigued by a product called Mr. Cool that Layla, the leader of the group, has a business turning into ice cream pops.  Often times the borrowers we met during field visits were quiet and reserved.  However, Layla was extremely excited to have us in her home and show us all about her business making Mr. Cool pops.  She was the most outgoing and charismatic borrower I met during my time in Jakarta and, because of this, I wanted to...

Continue Reading >>
Dec 12, 2011 EC Ecuador

By Marcus Berkowitz, KF16, Ecuador

“We built a little house” she replied happily, when I asked how she had used the loan. I looked down at my sheet. Oops. This loan, according to its Kiva description, was for corn seeds and fertilizers.

"A little house". Typical rural house made of wood, with a part-thatched, part-aluminum roof. Chillanes Canton.

Of course, we have no right to insist on any particular loan use. That’s not the point. But of the first...

Continue Reading >>
Dec 12, 2011 PH Philippines

“And the winner is……..ppprrrrrmmmmmmm” (drum roll).  Now, if you are anything like me, the image in your head is of some famous actress or actor fumbling with a large envelope, complaining about how is it hard to open. Luckily, for this post, we are going skip the envelope and talk about a winner who is a little closer to home for this Kiva Fellow. The winner I am talking about is CCT’s very own, Andresa Javines, who is Citi Bank’s “Entrepreneur of the Year” (MOTY) for Mindanao, Philippines.

So, what does it take to be...

Continue Reading >>
Dec 12, 2011 ML Mali

By Kathrin Gerner, KF16, Rwanda

When I boarded a plane to Mali last week, I was not exactly enthusiastic. One reason may have been the unpleasant 2 AM take-off from Kigali, another the recent Al-Qaida kidnappings in the North, which meant that all relevant tourist spots were off limits. And six months into my career as a Kiva fellow, a routine task such as a borrower visit was not enough to get me excited.

I was in for a surprise.

The borrowers of Kiva’s Malian field partner Soro Yiriwaso and their incredible hospitality, made my trip unforgettable. I came to...

Continue Reading >>
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 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 >>

Pages