Mar 2, 2009 NI Nicaragua

Nicaragua is taking the “Christmas in July” concept to a whole new level.  The famous (or infamous, depending on who you’re asking) first lady, Rosario Murillo, commissioned the placement of giant, ostentatious Christmas trees in each of the several rotondas (roundabouts) scattered throughout Managua. Placed there in October 2008, the trees have overstayed their welcome well into 2009. And Nicaraguenses can plan on enjoying these magnificent, lit trees against the horizon for at least the next several months. Murillo has ordained that every tree...

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Mar 2, 2009 PE Peru

Upon learning that I had been accepted as a Kiva Fellow and would be heading to Peru to work with a microfinance institution (MFI) on Kiva’s behalf, I had no idea that the organization with which I would be working would be much more than a bank that provides microloans.

Manuela Ramos is an organization that was founded in Peru in 1978 and is dedicated to the implementation of programs and projects that advance the rights of Peruvian women. They have more than ten offices throughout Peru and seven of those are operating with a microfinance program. Their programs include educating...

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Mar 2, 2009 PE Peru

Woman from Tarapoto selling fruit

It’s been a little more than a week since I arrived in Tarapoto, a burgeoning city in the Amazon Basin of Peru. I came to my placement with Manuela Ramos/CrediMUJER with an open mind but with a burning question: is there really a link between microfinance and women’s empowerment?

Manuela Ramos/CrediMUJER is an MFI that works exclusively with women borrowers in Peru. Besides...

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Mar 2, 2009 VN Vietnam


In Vietnam, the beginning of spring is marked by a very large festival called the Tet Festival where the symbol of the Lunar New Year and spring awakening is the arrival of the blooming kumquat and peach trees. Unfortunately, I missed this festival by just a week or so before arriving in Hanoi. While I missed the actual Tet festival, the festivities do not stop that soon: every year for one or two months after Tet, Buddhist pilgrims (85% of...

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Mar 2, 2009 KH Cambodia

Banking conferences in and of themselves are really boring. I attended my share of them as a corporate banking analyst in New York City. Keynote speakers, break-out sessions, networking events, and trade shows all packed into two days of conference center bliss. The Cambodia National Banking Conference held in Phnom Penh February 19-20th was no exception to this formula, however, it was by far the most exciting and significant BORING banking conference I have ever attended.

My name is Katie Davis and I am a new Kiva Fellow (KF7...

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Mar 1, 2009 NI Nicaragua

You know you’re not in Kansas anymore when you receive the following message from the U.S. Embassy with respect to recent political protests:

“…the Embassy reminds American citizens that even political rallies intended to be peaceful can possibly escalate into violence. American citizens are therefore urged to exercise caution [when in public]…”

As I write this, there are celebratory fireworks (which sound more like bombs) going off in the sky over the city center. Each cacophonous boom jars me into thinking deeply about the reality of this land I currently call ‘home...

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Feb 28, 2009 TJ Tajikistan

* image used for illustration purposes only; it is not an actual sign used by our MFI *

The end of the month is always a hectic period at my micro-finance institution. It’s considered to be a critical time to collect the late loan repayments, in order to reduce the amount of risk in the portfolio when the new month rolls around.

There are a number of meetings that take place among the loan officers and the management where the problem clients and groups – those...

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Feb 26, 2009 KH Cambodia

Hi Fellows Blog readers,

My name is Jeff Zira, and I’m a Kiva Fellow (round 7) in Cambodia. I’ll be working with the MFI CREDIT in the capital city, Phnom Penh, for about four months. I’m very excited to start my fellowship here, and am looking forward to meeting clients so I can directly learn how microfinance affects them.

On Friday, I arrived at the tiny, one-lane-runway airport, where three officers from CREDIT were waiting to pick me up. The heat was intense, with the humid sunshine beating down on the dusty roads near the airport. I was taken to my guesthouse to drop my...

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Feb 26, 2009 BO Bolivia

I arrived in Bolivia on Sunday to the happy sounds and bright colors of Carnaval. The whole country was busy with their week long celebrations before lent. This Christian country incorporates many indigenous beliefs. Nearly all the entradas, or parades, that made getting from the airport to my apartment really difficult, are to honor some deity related to the earth, the sky, hell or food. Many offerings are made throughout the drunken mayhem. Water balloons and super soaker 5000s arm every child on every corner. The streets were filled for days with the sounds of fire crackers, screaming...

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Feb 26, 2009

I had a wonderful time in Haiti, despite the major challenges the country faces. The people, culture, music, art, food and colors kept me fascinated the short time I was there. Kiva will soon be working in Haiti with the amazing help of Esperanza/Hope International! I was given the opportunity to see micro finance in action, and I was impressed.

We visited two communities that have received Esperanza micro loans. It was interesting to see how each entrepreneur had such a niche market. For example, one gentleman we talked to bought phone cards and then resold them at...
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