Stories tagged with Innovation

Feb 2, 2012 KE Kenya

Nessa E. French | KF 17 | Kenya

“I won the bet!”  I exclaimed on Friday afternoon as I did a victorious ‘raising of the roof’ dance.  The dance is better left to the imagination than any sort of visual.  The bet in question was one that two other colleagues and I made on how long it would take for Strathmore University’s first partial tuition loan to fund once it went live on Kiva’s website.

Of course, we did not bet on anything material — only glory. One of the Strathmore Kiva Coordinators who lost said, “I lost but it’s good, I’m happy to lose...

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Dec 12, 2011 KE Kenya

By Kiva Fellows in Africa, KF16
Compiled by Tejal Desai, Sierra Leone

Kiva Fellows from KF16 take on Africa!

Where might you find muzungu hunting? Where do Kenya’s elite runners hail from? And what do most borrowers in Burkina Faso use their business profits for? Kiva Fellows from KF16 bring you a unique perspective from the diverse and vast continent of Africa! We patched together an overview of each of our placement countries that includes: basic...

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Dec 12, 2011 EC Ecuador

By Emmanuel M. von Arx, KF16, Guayaquil (Ecuador)

My host and Kiva´s partner organization Banco D-MIRO provides over ten different types of microloans to borrowers in and around Guayaquil: among them loans to finance housing improvements, school expenses, medication, and loans awarded specifically to employees, young people with a great idea but no experience, and – as Ecuador´s only microfinance institution – discount loans for HIV-positive micro-entrepreneurs.

I am the first to attest, that all these loans have found enthusiastic and committed takers. Yet, one borrower...

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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...

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Nov 11, 2011 BO Bolivia

Eric Rindal – KF16 – La Paz, Bolivia

This Monday morning I woke up under new sheets on a small bed in a small room amid warm and verdant Santa Cruz, Bolivia. It took me 30 frantic and confused seconds to piece together where I was as the sun beamed through the cracks in the unfamiliar blinds. The day before I was living across the country for two weeks verifying loan terms of Kiva borrowers. Three weeks before that I was in La Paz, Bolivia for eight weeks creating new Kiva borrower profile templates. I wander, therefore I am…a Wandering Fellow.

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Nov 11, 2011 KE Kenya

Lauren Barra, KF16 Kenya/Tanzania

Last month I had the privilege of attending the African Microfinance Pricing Transparency Leadership Forum in Nairobi. Hosted by MicroFinance Transparency, the conference gathered policymakers and regulators to exchange ideas about client protection and pricing disclosure in microfinance. Attendees included representatives from over 20 nations in East, West and Southern Africa.

African Microfinance Pricing Transparency Leadership...

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Nov 11, 2011 PE Peru

By Kate Bennett, KF16, Peru

The challenges of rural and agricultural microfinance are many: the least of which, in the case of Kiva Field Partner Caja Rural Señor de Luren, is living in the middle of the Sechura Desert. But Caja Rural’s clients show the same impregnable determination I witnessed during my first fellowship in Ecuador. Against all odds (and weather patterns), they’re growing their businesses, investing in their lives, and laying the foundation for a thriving future.

This week I had the pleasure of...

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Nov 11, 2011 PE Peru

By Kate Bennett, KF16, Peru

Last Friday morning my Fellows Blog post mentioned the devastation of the 2007 Peruvian Earthquake in Ica, Peru and the surrounding areas. At 2 PM local time later that day, another earthquake shook the city.

Kiva Fellow David Connelly, my predecessor here at Kiva Partner Caja Rural Señor de Luren, has written before about the 2007 8.0 magnitude earthquake. The statistics are chilling: 519 people dead, 1366 injured, and some 76,000 homes collapsed. “After two and a half years,” he wrote in 2010, “Ica is still very much recovering.” Last...

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Oct 10, 2011 PE Peru

By Kate Bennett, KF16, Peru

When I arrived in famous Nazca, Peru last week to complete some borrower visits, my mind was not on the celebrated and mysterious Nazca Lines but on the mystery of Caja Rural Señor de Luren borrower Gaby, who repaid her entire loan a mere month after disbursement.

I was checking in on Gaby’s loan as part of my borrower verification (BV) for Kiva Partner Caja Rural. The borrower verification item on a Kiva Fellow’s workplan always has us feeling anxious. One of the BV’s key objectives...

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Oct 10, 2011 PE Peru

Night falls on the beach in Southwestern Perú

By Kate Bennett, KF16, Peru

I spent last week at the beach. But from my resiliently pasty skin, you wouldn’t have guessed it. For better or worse, I wasn’t in Camaná, Perú to suntan and lay by the ocean, but in fact to visit borrowers with Kiva Field Partner Caja Rural Señor de Luren. Camaná was founded in 1539 under the name “Villa Hermosa de...

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