Stories tagged with educational loans

Oct 10, 2016 SL Sierra Leone
“Despite the hoopla over microfinance, it doesn't cure poverty”1. The validity of this statement is recognized, and the data; compelling. A simple google search will lead you to a plethora of articles about how microfinance is not as effective as promised by NGOs around the world, and that it is a disappointment in the development field234. However, before you scrap the concept and decide your money is better spent with a foundation, I would like to invite you to consider a different perspective.

The average house...
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Sep 9, 2016 KG Kyrgyzstan
(YouTube link below)

Over the last four months, I have been serving as a Fellow with the American University of Central Asia (AUCA), a Kiva field partner in Kyrgyzstan. AUCA is an education loan field partner through which students in need of financial aid are supported with $1,100 USD loans by Kiva lenders. A 4.5 year grace period and 0% interest makes this loan product unique. A key piece of work during my fellowship has been creating a Kiva Community at AUCA.

Due... Continue Reading >>
Dec 12, 2013 ID Indonesia
Filming for Kiva, Indonesia TAKE FOUR
Filming on the road leading up to Paulos' home. Photo credit: Yungkit

Area by Paulos's home. Photo credit: Yungkit
The second student that really caught Kiva's attention was Paulos. Ron, a fellow Kiva ...err...Fellow who is also currently working in Southeast Asia had met Paulos about a month ago and...
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Oct 10, 2013 KG Kyrgyzstan
Many questions came my way when I let my family, friends and colleagues know that I am packing my bags and heading off to Kyrgyzstan for a few months. 

“I’m going to volunteer with Kiva in Kyrgyzstan and help the American University of Central Asia!”

“Wow! Great! Wait. What’s Kiva? Where’s Kyrgyzstan? What is an American university doing in Central Asia? There are a lot of holes in your story, is everything ok? Are you in trouble with the...
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Jun 6, 2013 DO Dominican Republic

by Rose Larsen | KF20 | Dominican Republic

The Dominican Republic may be a small island nation in the Caribbean, but it has a quickly growing economy based on a shift from exports of sugar, coffee and tobacco to services like telecommunications and tourism.

However, according to a study done by the OECD in 2012, this economic growth has been limited by deficits in human capital – more specifically, the education levels of workers are insufficient.

This problem stems from the low quality of primary and secondary...

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