How is Kiva Zip, a direct lending program based on the internet and mobile money transfers, working without the aid of micro-finance institutions on the ground? It begins with and is upheld by one important group of individuals: local community members we train to be trustees.As we near our two year anniversary and celebrate our climbing repayment rate, now at 92%, we would like to honor our top-performing partners through a series of... Continue Reading >>
Stories tagged with entrepreneurship
Well, to be honest, someone made Kiva Zip a cake. Same same, right?
The last Thursday of June saw the official launch of Kiva Zip in Oregon! As... Continue Reading >>
The purpose of my adventure was to meet with multiple... Continue Reading >>
The view on sub-Saharan Africa is changing. No longer do stories of tribal wars, starving children and endemic diseases dominate the updates from the region. A new, more hopeful and optimistic picture is emerging; a reality of solid GDP-growth, more widely practiced reasonably free and fair elections, and a wealth of natural resources that range from oil and gas to diamonds and rare minerals.... Continue Reading >>
By: Abhishesh Adhikari
One of the best parts about my Kiva Fellowship has been the opportunity I get to meet and interact with entrepreneurs. During the 4 months that I spent in Kyrgyzstan, I helped Bai Tushum (Kiva’s partner MFI) launch a new Startup Loan Product and met a wide variety of entrepreneurs all across that country. After I got back from Kyrgyzstan in January, I have been working on a new Kiva project called Kiva Zip, trying to expand it here in Chicago.
Kiva Zip is a new initiative to make interest-free, small business loans to entrepreneurs in...Continue Reading >>
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It is certainly a good question. One that we should always keep in mind as we advance in our life paths. Answering it accordingly should be enough to further one’s mission, or at least to keep oneself well motivated when the horizon does not look that clear. That mission is unique for every one of us and for my case in particular, a unique one in the field of microfinance.
In this regard, my life goal has been undoubtedly enriched by this fellowship in Kenya and by this incredible organization called Kiva. As a matter of fact,...
In an earlier post I mentioned one of the ways that Fundación Paraguaya serves its constituents by broadening its scope beyond just making microloans. In that post I wrote about the Fundación’s self-sustaining agricultural and hospitality education program for high school students.
Another way that Fundación Paraguaya equips people to make better use of microfinance and emerge from poverty is through... Continue Reading >>
After spending three weeks in Kenya (a third one in Tanzania reaching the summit of Kilimanjaro) and having the chance of experiencing the realities of the field as a Kiva Zip fellow I can’t feel more blessed with life for being here.
I define it as opportunity for learning while doing an impact and that is everything I need for my life at the moment. I am having the perfect exposure to gather the strength and confidence I need in order to achieve catalyst change in the way people think and act. Only with the sake of bringing process to...
Last year, I served as a substitute teacher in my hometown of Minnetonka, Minnesota.
Now as a Kiva Fellow in Guatemala, I hope to maintain contact with the students.
This is my video journal.
... Continue Reading >>