Stories tagged with loans

Apr 4, 2015 CR Costa Rica
Daysi dreams of having her own restaurant. She pictures a comfortable place for families to come, enjoy, and eat. One day, she hopes to make her restaurant her sole source of income. 

Frying Plantain Chips


Daysi lives in an area where the paved streets are now rock, where many of the cement houses are now scrap metal, and where the garbage trucks seem to ignore the community. But within this neighborhood is Daysi’s house with an attached restaurant. On the way to visit Daysi, the loan... Continue Reading >>
Mar 3, 2015 US United States
I enter the room and I’m quickly greeted by, “Hi! My name is Luna. What’s your’s?” I’ve just had the good fortune of meeting the four-year old Head of Marketing of 8 Bit Bakeshop, the video game and comic book inspired bakery. Luna is with her mother, Hannah, founder and head pastry chef of 8 Bit Bakeshop. At Cosplay events, Luna is known for attracting people to the 8 Bit booth by shouting at cosplayers “Come try my mommy’s cookies!”. Not interested in baked goods today? That’s OK. Luna will make sure you go home with an 8 Bit Bakeshop business card and check out the website for future... Continue Reading >>
Mar 3, 2015 PE Peru
It was a beautiful Thursday morning in Lima, Peru; 85 degrees and sunny.  My commute to work was on a bus built for 40 people, but it was overflowing with people at almost triple it’s capacity.  After previous trips, I have grown accustomed to feeling like the proverbial  "sardine in a can" on my daily commute.  Despite the steamy bus conditions, I arrived at my destination, SENATI, which is a technical institute in the northern area of Lima called Independencia.  There are around 12 SENATI campuses in Lima, but the Independencia location is one of the largest...
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Mar 3, 2015 TZ Tanzania
This week I had the opportunity to travel to Musoma, a small town on Lake Victoria in Northern Tanzania, to visit a branch office of Tujijenge, one of Kiva’s Field Partners. I quickly fell in love with the laid-back people and atmosphere – a nice escape from the hustle and bustle of Dar es Salaam. Maybe it’s the perfect weather or the fresh local food, but the people in Musoma are always smiling. And Bertha, a Kiva borrower, is no exception.

Bertha’s loan group, Vumilia, was having their monthly meeting to collect repayments, and I was lucky enough to join them. As I greeted... Continue Reading >>
Mar 3, 2015 MM Myanmar
There was no dozing off on the way to Dedaye.  As the taxi sped mercilessly down the bumpy road dodging bikes, motorcycles, ox-drawn carts, and the occasional village parade, I thought to myself,  “Are we supposed to be going this fast?”  The thrilling taxi ride was not the only mode of transportation needed that day.  We also had to travel by motorcycle and boat to reach each village.  This was the first of many borrower verification trips with Kiva’s Myanmar partner, Proximity Designs.  First up was Hmaw Bi... Continue Reading >>
Mar 3, 2015 ZW Zimbabwe
Zimbabwe is nestled comfortably between Mozambique, Botswana, Zambia and South Africa but is often overlooked by tourists. Here are ten reasons to include it in your next itinerary: 
 
1. It has the craziest currency.
 
A few years ago they went through hyper-inflation, reaching up to 12 zeroes on a single note:
 
 
 
When they switched to the US dollar, the economy leveled out a bit, but currency...
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Mar 3, 2015 KG Kyrgyzstan


As the first microfinance institution in Central Asia to receive a full banking license in November 2012, Bai Tushum Bank has transformed itself from having 400 clients and a US$600,000 portfolio in the year 2000 to more than 28,000 clients and a US$102 million portfolio today.

I had the opportunity to chat with Gulnara Shamshieva, chief executive officer (CEO) of Bai Tushum Bank, on how the organization has kept social mission at the heart of its growth in the last 15 years and where it is heading in the next five years.

Gulnara Shamshieva has been the... Continue Reading >>
Mar 3, 2015 ZW Zimbabwe
They may be continents apart, but Costa Rica and Zimbabwe face some of the same challenges when it comes to life in a rural community. A lack of electricity means no fridges to keep food chilled. Cooking is often done over an open fire inside the home but, increasingly, the severe health risks (particularly to women and children) of the smoky environment are becoming evident. And there’s unlikely, either, to be ready access to running hot water.
 
How to address such challenges forms part of the research activities of the renowned Earth University in...
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Mar 3, 2015 WS Samoa
As I approach Faleula, one of the many villages along the road that circles Samoa’s Upolu Island, I am excited and a little nervous. I am about to meet a Kiva borrower for the first time! I wonder what she will be like; will she be happy to meet me and talk about her business or will she see me as an interruption or even an intrusion.

When I arrive at Mile’s general store, she greets me with a warm smile and all my reservations fade away immediately.

Mile in her store


Mile tells... Continue Reading >>
Mar 3, 2015 UG Uganda
I traveled north, away from Kampala, towards a small town called Luwero.   After the wall to wall congestion of the city, it was a relief to finally have an open stretch of road with green trees and grassy fields to either side.   I was looking forward to meeting Haruna, a man who had borrowed from BRAC Uganda in the fall of 2014 to revive his sagging poultry business.    Six months later, my task was to see how Haruna and his chickens were faring.

Haruna and his chicken house...
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