Stories tagged with microfinance
There are two very fun parts about my Kiva fellowship: working in NYC and interacting with Kiva lenders about Accion East clients.
I have been a Kiva lender since 2011, but it wasn’t until I joined Accion East as a fellow that I started participating in Kiva lending teams. When an Accion East staff member asked me what a lending team was, I said “basically, you can talk to and... Continue Reading >>
Kiva lenders make loans to individuals seeking to improve their business. They support expanding access to capital for these entrepreneurs. Most people know Kiva for its work across the globe – but did you know that includes the US? Kiva works with US-based microfinance institutions to address the lack of access to capital small businesses face around the world.
In the US, we hear a lot about the importance of small businesses. The vast majority of these small businesses employ... Continue Reading >>
About One Acre Fund
One Acre Fund is a non-profit organization that supplies smallholder farmers with the tools and financing they need to grow their way out of hunger...
During one of my visits to a borrower I found an inspiring story of a group of women having training sessions on food preparation and cooking tips. They mainly work with three native products that grow abundantly in central Nicaragua: Pejibaye, Yuca, Quequisque.
Continue Reading >>
One of the most rewarding aspects of being a Kiva fellow is travelling to remote towns and villages and meeting borrowers whose lives are impacted by our loans. Recently I had my first field trip in Azerbaijan and would like to share some observations and stories.
Leaving the Baku cityscape behind you everything quickly turns rural and much more basic. Go beyond the main highway and up any narrow side track and you are transported back in time to a land where the horse... Continue Reading >>
The warm afternoon sun hits my face and instantly relaxes me. After almost 20 hours of travel across multiple times zones, I’m tired but happy to have finally arrived.
I’m in Malawi for my posting with Kiva.org, the micro finance company, and I realize it’s exactly 10 years ago to the month that I was last in the ‘Warm Heart of Africa’.
Making my way towards town, I constantly scan the horizon and landscape around me looking for a familiar landmark, a... Continue Reading >>
One of the best parts of the Kiva Fellowship is the anticipation while awaiting the location of your placement, which could be nearly anywhere Kiva loans are available. Wouldn’t it be great to stroll by the Taj Mahal on the way to work, gallop on horseback through the plains of Mongolia, or take in a sunset on a Samoan beach?
... Continue Reading >>
Resourcefulness is perhaps the most essential trait for any entrepreneur. In Nairobi’s Kibera district, the largest slum in Africa, that trait is apparent everywhere you look. In an environment where most residents earn no more than $2/day, resourcefulness is the means for survival, and entrepreneurship a vessel for hope.
Traveling around Nairobi, and Kibera in particular, evidence of this “scrappiness” permeates the sights. Security spikes made of broken shards of glass line the walls of housing compounds. Houses are quickly erected... Continue Reading >>