I recently had the opportunity to sit down and talk with a grandmother named Angelita. She has been using micro-finance for the last 15 years. I thought she would have some interesting things to say about micro finance.
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Stories tagged with microfinance
Mar 3, 2013
Ecuador
I recently had the opportunity to sit down and talk with a grandmother named Angelita. She has been using micro-finance for the last 15 years. I thought she would have some interesting things to say about micro finance.
Continue Reading >
I recently had the opportunity to sit down and talk with a grandmother named Angelita. She has been using micro-finance for the last 15 years. I thought she would have some interesting things to say about micro finance.
Continue Reading >
Mar 3, 2013
Vietnam
Having spent the last month living and working in Vietnam's capital city, I've learned some interesting things about Vietnamese culture that are worth sharing.
1. Traffic is chaotic, yet road rage doesn't seem to exist: By far the most obvious difference. While a driver's license is technically required in Vietnam, the traffic code is rarely enforced and driving is basically a free-for-all. Motorbikes are the predominant mode of transportation due to their low cost and maneuverability, and moto drivers will squeeze into every...
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Mar 3, 2013
Guatemala
Last year, I served as a substitute teacher in my hometown of Minnetonka, Minnesota.
Now as a Kiva Fellow in Guatemala, I hope to maintain contact with the students.
This is my video journal.
... Continue Reading >
Last year, I served as a substitute teacher in my hometown of Minnetonka, Minnesota.
Now as a Kiva Fellow in Guatemala, I hope to maintain contact with the students.
This is my video journal.
... Continue Reading >
Mar 3, 2013
Senegal
Some of you have may lend to women borrowers gathered in groups called "Village Bank", or "Banc Villageois" in French, the following is the story of this system in Senegal.
In 1984, in a plane going to La Paz, John Hatch outlined a project in which poor people gathered in a group were directly in charge of their financial service program. The main idea was to provide small loan to poorest families, especially women, for helping them to start small businesses. Such as what Grameen Bank was already doing in Bangladesh.
Village Banking has been... Continue Reading >
Some of you have may lend to women borrowers gathered in groups called "Village Bank", or "Banc Villageois" in French, the following is the story of this system in Senegal.
In 1984, in a plane going to La Paz, John Hatch outlined a project in which poor people gathered in a group were directly in charge of their financial service program. The main idea was to provide small loan to poorest families, especially women, for helping them to start small businesses. Such as what Grameen Bank was already doing in Bangladesh.
Village Banking has been... Continue Reading >
Mar 3, 2013
Zimbabwe
Pamhidzayi (Pamhi) Mhongera leads all new and existing projects at the MicroKing microfinance institution in Harare, Zimbabwe. As part of her role, she oversees the Kiva program under which Zimbabwean entrepreneurs are given the opportunity to work their way up the socioeconomic ladder.
Pamhi at the office where she oversees MicroKing’s Kiva partnership
However Pamhi’s positive impact on her community extends beyond her daily work. She and her husband, Mustafa, launched...
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Mar 3, 2013
Kenya
Mary, far left, with the Sisal Sisters borrower group in Kakuyuni, near Tala, Kenya
The second day I was in Kenya I had the good fortune to spend the day with KADET staff profiling the top loan officer at the agency, Mary Ngenya, who works in the Tala region. Mary is considered THE BEST of approximately 80 loan officers in the entire organization which has offices all over Kenya; she manages one of the largest loan portfolios in the organization and in the six years since she’s been with KADET, her...
Feb 2, 2013
Azerbaijan
As I explained in my last post, Azerbaijan has amassed great wealth due to its reserves of oil. It is the third largest oil producing country out of the CIS nations and the government oil fund, Sofaz, currently sits on $33.9 billion. After the breakup of the Soviet Union, Azerbaijan took on a staggering initiative of modernization in order to shed its Soviet past and remake its own Azeri identity.
The frontline of... Continue Reading >
Dimitri Zakharov | KF20 | Azerbaijan
Something big is happening here – and you don’t know anything about it.As I explained in my last post, Azerbaijan has amassed great wealth due to its reserves of oil. It is the third largest oil producing country out of the CIS nations and the government oil fund, Sofaz, currently sits on $33.9 billion. After the breakup of the Soviet Union, Azerbaijan took on a staggering initiative of modernization in order to shed its Soviet past and remake its own Azeri identity.
The frontline of... Continue Reading >
Feb 2, 2013
Albania
Come with me on a journey to northern Albania, an area known for legendary hospitality, ancient citadels, and blood feuds. In many villages in the north the people are not governed by 21st century...
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Feb 2, 2013
India
Last week I had the privilege of visiting Churachandpur, the second-largest city in the state of Manipur. Three borrower groups from the surrounding area were cycling out; that is, three groups were making their final repayments to WSDS and I was there to collect journal information for Kiva for the first time in India. It was a truly exciting, heartwarming, and awakening day for me, because it was a chance to see what these women have really been able to accomplish over the course of their six month loans.
So much of what we read and hear about the successes of... Continue Reading >
So much of what we read and hear about the successes of... Continue Reading >