Stories tagged with loans

Aug 8, 2016 GO Global Update
Fellows are introducing old and new routines, hobbies and habits in their new environment. Here is what they are up to!

... Continue Reading >>
Aug 8, 2016 KG Kyrgyzstan
In December 2007, two things happened almost simultaneously:

1.) I enrolled in a Finance and Applied Mathematics dual-degree program at the University of Auckland and;

2.) Financial markets all over the world crashed overnight

This naturally meant that my entire tertiary education revolved around the recession. I spent many nights using the benefit of hindsight to build financial models that could’ve predicted the timing of America’s housing bubble burst. For one of my favourite courses, we had to perform investment analysis and research before picking a... Continue Reading >>
Aug 8, 2016 GO Global Update


I am writing this blog from a cafe in Jaen, Peru. By my estimation I am the only white person in the entire city. I’ve come to this conclusion on account of not seeing anyone overtly non-Peruvian and being regularly stared at with great skepticism. Obviously, I have no qualms about being in such a scenario – it’s simply something I have never experienced. The first month and a half of my fellowship was spent in Cusco, Peru, a city stocked with foreign travelers making their way to Macchu Picchu, Canyon de Colca, Lake Titicaca or enjoying the nearby attractions. Cut to Jaen, Peru... Continue Reading >>
Aug 8, 2016 MX Mexico
As a Kiva Fellow on my own in a new country, I’ve listened to a lot of podcasts. One of which, the Marketplace Tech podcast, has a game called Silicon Tally. Every week on Silicon Tally, the host and a guest try to guess the significance of numbers from that week’s tech news headlines that have been stripped from their context. Here’s my version, Mexico Tally, with this week’s focus on Sistema Biobolsa.

The numbers to guess are… 17, 196, 6%, 11, $260, $28-$40, 2.4 million+

While you prepare your guesses, I’ll provide a bit of background.
Sistema Biobolsa (... Continue Reading >>
Aug 8, 2016 TJ Tajikistan
Last month I had an opportunity to meet two Kiva borrowers in Khujand, Tajikistan’s second largest city, a city with a long and rich history. Both borrowers are young and ambitious women. Both of their loans were facilitated by one of Kiva’s partners in the country, IMON International.

Mavjuda, who just turned 20, is currently studying in a medical school with a dream of becoming a midwife and eventually opening her own private clinic for women. When we met at one of IMON’s offices in the city, Mavjuda was shy at first, but she began to smile and speak more freely when... Continue Reading >>
Jul 7, 2016 GO Global Update


In anticipation of my fellowship in Peru, I hopped on the computer and began taking a look at potential living situations. All fellowships carry a certain level of ambiguity with them, so signing month-long leases generally doesn’t make a whole lot of sense. Fellows are frequent visitors of temporary housing sites such as Couchingsurfing, Airbnb, Homeaway, Hostelrefuge.com, etc. While browsing airbnb.com, I found a private room with all the necessary amenities and a 15-minute walk from work. For just ten dollars a night, I figured it would suffice. Twenty minutes after booking... Continue Reading >>
Jul 7, 2016 HT Haiti
Outside of Haiti, little is known about these amazing and courageous women who oftentimes put their lives at risk every day to provide a better future for their families. A “Madan Sara” is a businesswoman who will travel to rural regions in the country to buy local goods and bring them to the city markets to sell. Normally, we find two types of Madans Sara: those who are wholesalers and those who work in the retail business by reselling large stocks in smaller portions.

It is a profession that is normally passed on from mothers to daughters, and in...
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Jul 7, 2016 KE Kenya
The majority of Kenyans in rural areas are completely reliant on natural sources for all of their water needs; this includes bathing, washing clothes, cooking, and drinking. Unfortunately, these sources of water are in no way purified or fit for human consumption. Therefore, before it can be consumed, the water must be boiled to kill bacteria. This is an arduous process that not only requires time and money, but also has a lasting environmental impact – as coal is the source of heat for heating the water. Enter Evidence Action – a Kiva partner with a solution that addresses all three issues... Continue Reading >>
Jul 7, 2016 TJ Tajikistan
It is the fifth and last Kiva borrower visit for the day. It is something that we, Kiva Field Fellows, do as part of our placement with microfinance institutions (MFI) around the world.

A dusty and bumpy rural road brings us to the village where Habiba, a 52-years old school teacher, lives. A loan officer from one of Kiva’s three partner organisations in Tajikistan, Microcredit and Deposit Organisation Arvand, goes to the door to call for Habiba. A slender woman appears from inside the house and greets us in a soft voice with a kind smile on her lips. Russian happens to be my... Continue Reading >>
Jul 7, 2016 ID Indonesia
Tangerang is a large satellite city on the outskirts of Jakarta, Indonesia. It is a beautiful place - very green and lush, with several rivers winding through its many rural villages. I spent 3 weeks working with KSPPS BMI, one of Kiva’s microfinance partners that operates in the region.
A view overlooking the lush greenery of Tangerang

During my time there, I quickly realized that the river was the center of life for thousands of people in Tangerang. On several hour-long drives I would stare out the window... Continue Reading >>

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