Stories tagged with Village banking

Apr 4, 2015 CR Costa Rica
Last Friday, I was invited to the community assembly in La Suiza, Costa Rica. This assembly takes place every two years to vote for the Credit Committee’s Board of Directors. A credit committee is similar to a village bank in that it is responsible for assessing and approving loan requests, disbursing loans to borrowers, collecting loan payments, documenting all credit requests and exchanges, and monitoring borrower progress.
 
When I walked into the community space, the President of the Committee, Doña Ethel called me over to sit next to her. Doña Ethel has been part of the... Continue Reading >>
Nov 11, 2013 GE Georgia
I'm currently in Georgia, working with Kiva partner LLC Credo and photographing Kiva borrowers with successful start-up businesses here. Credo offers start-up loans to Georgians with the lowest incomes - families with small farms, and urban small businesses.  Credo has over 90 loans up on the Kiva site now - fund a loan to an entrepreneur in Georgia, or give a gift for the holidays!

Credo recently took me to Lagodekhi Georgia to meet Kiva borrowers, and attend a Village Day.  Lagodekhi is in east... Continue Reading >>
Mar 3, 2013 SN 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 >>
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