Stories tagged with loans

Jun 6, 2014 KE Kenya
When a mzungu meets a Kenyan dairy cow


It’s 3pm, heading to the office, after back to back meetings since early morning with mostly dairy farmers. We've been talking to Kiva borrowers, for borrower verification, hours away from the main business districts in the green region of Nkubu in Kenya. Now we're waiting with the loan officer for a boda boda (moto taxi) to drive us on the bumpy roads before jumping into a matatu (microbus) to our final destination, looking for some shade and freshness away from the... Continue Reading >>
Jun 6, 2014 US United States

 
If you ever get the chance to visit Richmond, you will most likely spend some time in an area called Carytown. Strolling down West Cary Street you can linger at restaurants, and shop in one of the many locally owned establishments on the street. You will also see not one, not two, and not even three, but four grocery stores all within a few blocks of one another. There is certainly no shortage of access to fresh food in this area.

Other areas of Richmond aren’t as... Continue Reading >>
Jun 6, 2014 KE Kenya
Florence and her cow shed acquired with her Kiva loan

I will never forget the day I faced this existential question for the first time...
 
As a Kiva fellow, I was questioning Florence, an energetic farmer in her fifties, about her family, business, during borrower verifications in the tea plantations of Nkubu in Kenya.
 
Although she initially thought about buying dairy goats with her Kiva loan, she eventually decided to increase her existing cow productivity and her kids’... Continue Reading >>
Jun 6, 2014 KE Kenya

Nowhere is the spirit of Entrepreneurship more rampant than in Gikomba market. Gikomba is the largest second-hand clothes market in East Africa. This open-air market located near the Eastleigh neighborhood of Nairobi is home to hundreds of traders.  The traders are small retailers that sell second-hand clothing they purchase from larger distributers for a small profit.  This is a bustling market and on any day, you can hear retailers shouting over each other trying to attract customers to their stall.

Recently the market has been plagued with multiple disasters.... Continue Reading >>
Jun 6, 2014 KE Kenya
Our trustee Kelvin Wambugu from EcoZoom with their products
Over 4 million people die prematurely from illness attributed to the household air pollution from cooking with solid fuels. An estimated 25% of global CO2 emissions are generated by the rural poor – accounting for significantly more than all global transportation-related emissions combined. To address these problems, organizations such as EcoZoom, a Kiva Zip trustee in Kenya, bring clean-burning cookstoves (and other ecological products) to people in... Continue Reading >>
May 5, 2014 ZW Zimbabwe

So much unrest across Africa. From the tragedy of Nigeria’s Chibok girls stolen from their school, to the violence and terror overtaking Kenya, there are forces aligned that are determined to bind ...

Continue Reading >>
May 5, 2014 UG Uganda
John Bosco and me in his farm as he proudly holds up his Kiva Profile

Sitting across from John Bosco in the living room of his modest home in rural Uganda, I smiled as he introduced me to his two youngest children. He then told me how he’d used his Kiva loan to purchase fertilizer and a pesticide spray pump to improve his farm. When I asked him if he had any other sources of income he beamed proudly before reviewing his businesses: poultry, pigs, a fish pond, goat trading, and plantain and coffee farming.
... Continue Reading >>
May 5, 2014 KE Kenya
The Kiva Zip model, based on direct crowd funding from a lender to a borrower through a trustee, supports several key players in the clean technology sector.
 
Borrowers have access to 0% interest capital to acquire clean cookstoves, solar lamps, solar pumps or bio-digesters, setting themselves as successful entrepreneurs, developing their businesses, generating income and most importantly providing education to their children.
 
While lenders from around the world provide the capital, the trustees provide a range of training, mentorship and professional... Continue Reading >>
May 5, 2014 IN India


Empowering women to participate fully in economic life across all sectors is essential to build stronger economies, achieve internationally agreed goals for development and sustainability, and improve the quality of life for women, men, families and communities.” – UN WOMEN

Few people will argue about the importance of women empowerment, and its positive impact in society and economy, but what is the gap between studies and speeches and what’s really happening on the ground?

The election scene in India brought up new... Continue Reading >>
May 5, 2014 GH Ghana
Old vans clog the streets of every city and village in Ghana.  So old their makes and models are incomprehensible to the untrained eye.  They come in swarming bunches on the street, packed to the brim, arms and heads hanging out of every open window available.  Hogging the lane, spewing toxic smoke from the back, sides, and even the front – they own every city they operate in.  When they swerve to get in your lane, you give it to them, because they never give way.  They are called the Tro Tro and obey no traffic laws accept the universal road rage law –... Continue Reading >>

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