Stories tagged with loans

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 >>
Oct 10, 2016 KH Cambodia

Coming into my fellowship, I was quite aware of some of the challenges of running microfinance operations. I knew that interest rates from certain microfinance institutions can be too high for borrowers to sustain repayments and that it takes a lot of manpower to disburse loans, perform loan assessments, and conduct verifications. But I only...

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Oct 10, 2016 BR Brazil

Here with Maria Aparecida, one of Kiva funded entrepreneurs in Brazil who benefits from lower interest rates

Most of us have heard at least once about Brazil: this enormously huge country, with crazy amazing beaches, great weather, great people, land of Gisele Bundchen, land of caipirinha and so on. For those who know a bit more about Brazil, perhaps you might know about Dilma Rousseff and its recent impeachment, the ongoing economic crisis that still hasn’t come to an end, the Olympics that were recently... Continue Reading >>
Sep 9, 2016 DO Dominican Republic
As a Kiva Fellow in the Dominican Republic, I had the distinct pleasure of working with FUNDAPEC (the funding arm of Action for Education and Culture) and getting to know some of the students it supports. FUNDAPEC has been expanding access to education for nearly 50 years, lending to over 100,000 students since its founding in 1967. 

Based on its long-standing positive reputation countrywide, FUNDAPEC has partnered with nearly every university in the DR, enabling students to attend school wherever they want, from agricultural La Vega to the hectic capital, Santo Domingo.... Continue Reading >>
Sep 9, 2016 KG Kyrgyzstan
(YouTube link below)

Over the last four months, I have been serving as a Fellow with the American University of Central Asia (AUCA), a Kiva field partner in Kyrgyzstan. AUCA is an education loan field partner through which students in need of financial aid are supported with $1,100 USD loans by Kiva lenders. A 4.5 year grace period and 0% interest makes this loan product unique. A key piece of work during my fellowship has been creating a Kiva Community at AUCA.

Due... Continue Reading >>
Sep 9, 2016 HT Haiti
When the French colonizers settled in the Hispaniola Island, they called Haiti “La Perle des Antilles.” Once you spend enough time in the country, you will find that there is a good reason for calling it as such. For anyone who visits Haiti for the first time, they will be shocked by their first impressions while driving from the airport to the hotel: the narrow and overcrowded streets, the piles of garbage laying at every other corner, the “Blokis” (Haitian creole for "traffic jam") every 500 meters and the countless motorcycles just trying to move forward by invading the other side of the... Continue Reading >>
Sep 9, 2016 KE Kenya
Clean energy is a huge need for rural farmers in Kenya. Only 23% of Kenyans are connected to the grid, leaving the majority of the country without access to electricity. And when 85% of the population lives in rural areas, creating that access is not an easy task.

Kiva’s partner, Juhudi Kilimo is well known in Kenya for providing agricultural loans to lift rural farmers out of poverty, (such as loans to purchase dairy cows, chickens, and farming tools).  Although that is still at the core of what they do, they are now offering clean energy loans to farmers.... Continue Reading >>

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