Stories tagged with loans

Oct 10, 2016 KE Kenya
For the past 60 years, economists have been researching and discussing asset diversification and Modern Portfolio Theory. Developed first by the Nobel Economist Harry Markowitz in his 1952 paper, Portfolio Selection, Modern Portfolio Theory is the study of “a choice of the mean and variance of a portfolio of assets” (1). Modern Portfolio Theory investigates the benefits of diversifying one’s wealth across different assets, be it land, houses, stock, bonds or other asset classes. A key hypothesis in the field is that through the diversification of assets, particularly among assets... Continue Reading >>
Oct 10, 2016 GH Ghana

To say Chereponi is off the beaten path may be an understatement. I arrived in this tiny...

Continue Reading >>
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...
Continue Reading >>
Oct 10, 2016 BO Bolivia
On waking up this morning, I was surprised to find a message from my co-worker, sent at 5.30 am, that read, “Janvi – there’s a transport strike today, please be careful. Don’t speak with strangers on the street. Honestly, it would be better if you stay home and decide not to come into work.”  

"Protest of Chauffeurs in La Paz" The subtitle of this article explains that the strike has been called on by the Federation of Chauffeurs in La Paz and the residents are extremely unhappy with this "unjust"...
Continue Reading >>
Oct 10, 2016 VN Vietnam


Humble, good-natured, reliable. These are the qualities I've encountered in the salt farmers - and Kiva microloan borrowers - I was able to visit this past week in Thanh Hoa province...
Continue Reading >>
Oct 10, 2016 LR Liberia
One of my favorite parts of traveling is the opportunity to try new foods. I’ve never been particularly interested in typical tourist attractions. I would rather explore and wander upon serendipitous experiences. The best way to truly understand what a culture is all about is to sample its cuisine.
 
Liberia is not particularly well known for its food. It’s a shame though. Trying Liberian food has been a valuable extension of my experience. The dishes are spicy, sweet, and salty; starchy, but full of various meats; and oh so exquisitely prepared and seasoned. Where else could... Continue Reading >>
Oct 10, 2016 BR Brazil
Kid jumping the rope

It's funny how Brazilians have a different date for almost every typical western celebration. For example, Valentine’s Day is celebrated on June 12th and Father’s Day is celebrated on the second Sunday of August. Children’s day (Dia das crianças) is a pretty big event in Brazil too and it is celebrated on October 12th.

As part of this year Children’s Day, my field partner in Sao Paulo, Banco do Povo Credito Solidario, sponsored a day playing with Brazilian kids ("crianças" in... Continue Reading >>
Oct 10, 2016 BO Bolivia
Meet Javier Alberto Viscarra


Meet Javier Alberto Viscarra. A 49-year old entrepreneur, he recycles hospital waste to develop solutions for unwanted plastic. His product is simple, a machine that breaks down “low density polyethylene” – substance that plastic bottles contain – and recycles them as granules for reuse in the market. He developed his first machine in 2010 when he started his workshop with limited capital and his wife told him - "think of this as your... Continue Reading >>
Oct 10, 2016 SV El Salvador



With 40 years of experience behind her apron, Maria Dolores used a Kiva loan to transform a small artisanal breadmaking business into an ever-growing enterprise.  Maria continues to use traditional methods, including a wood-fired stove, to produce each high quality loaf just as her mother once taught her.  This traditional method, although time consuming, yields a tasty product favored by Maria’s customers in and around La Union, El Salvador.

Artisanal bread


With... Continue Reading >>

Pages

LendingOnKiva