Blog posts tagged with microfinance

Jun 6, 2013 KV Kiva HQ


Kiva is thrilled to welcome Advans Côte d'Ivoire as our newest field partner! 

Known as Advans CI, the organization is the fifth microfinance institution established by Advans SA, a multi-national microfinance group already working in Cameroon, Ghana, Pakistan, Cambodia, and more places. 

Advans CI, founded in March 2012, is on a mission to provide credit and savings products -- in addition to other financial services -- to micro, small and medium enterprises in Côte d'Ivoire. After just one year, it's served over 3,000... Continue Reading >>
May 5, 2013 KV Kiva HQ
The month of June evokes many things -- summer, graduations, beaches.

But this June evokes much more.



June is one especially inspirational Kiva Zip borrower who has experienced more than her fair share of hardships in her life.

The twelfth of 17 children, she was born to poor, uneducated parents who couldn't provide basic love and affection for each other and their own children.

June never really knew her father, and when she was just 13, her mother disappeared with five of her younger siblings,... Continue Reading >>
May 5, 2013 KV Kiva HQ
On Tuesday night, the City of Oakland approved the proposal that would make them the first U.S. city to become a Kiva Zip trustee!

Kiva Zip is a pilot program within Kiva that uses mobile and electronic payment technology to enable direct, zero-interest loans between lenders and borrowers -- helping us reach more types of borrowers than ever before!

In the Zip model, “trustees” have taken the place of field partners. Trustees endorse borrowers based on their character and business plans, recommending them as good candidates for Zip loans... Continue Reading >>
May 5, 2013 KV Kiva HQ


Canterbury Microeconomics Club

A Thank You Poem
(Inspired by the rhymes of the Grade Three Kiva Ninjas at Bear Creek Elementary)

Not all feel compelled to jump up and dance,
Upon hearing that April’s Month of Micro-finance.
Once you’ve heard these stories, though, we know you’ll be crumping,
Cuz’ since we heard them here, our hearts have been thumping...

It wasn’t enough just to say “thanks,” this time,
So we’ll... Continue Reading >>
May 5, 2013 KV Kiva HQ
To conclude our Passport Series on Rwanda, we would like to share with you a couple of particularly inspiring borrower stories to remind you just how impactful a $25 loan can be -- especially in a country where almost 45% of the population lives below the poverty line.

Meet Felicite. 

A 45-year-old mother of two, her (and her family’s) livelihood depends on her farm -- just like 90% of the Rwandan population.



That translates to: no crops, no income. Because the sector is deemed to be very high-risk, it... Continue Reading >>
May 5, 2013 KV Kiva HQ
After several weeks of extensive user testing, we’re excited to release a new site update for the lending team "About" pages next week. This is all part of a concerted effort to better integrate lender feedback into our design process, and I’m personally excited about how much we’ve been able to do with this next round of changes. In addition to your emails and comments on the blog and lending teams, we sent out multiple surveys, interviewed a number of lenders and even had lenders visit our office so that we could learn directly from their experiences. I...
Continue Reading >>
May 5, 2013 KV Kiva HQ


‘'It’s amazing to see the other volunteers dedicating themselves to Kiva. I am truly in awe of them and how much they know. I can always draw on them through the forum when I have a question and within seconds people respond!"


City: Minneapolis, United States

Languages: Spanish

Team: Saliendo Adelante

Time with Kiva: 3 years and 5 months

Outstanding contributions to Kiva:
Pam... Continue Reading >>
May 5, 2013 KV Kiva HQ
This past week we've seen so many great videos that really resonated with us. So we would like to leave you with some inspirational weekend watching material!

Video is an utterly unique medium, with so much potential. We're looking forward to bringing you more stories of Kiva borrowers on video, especially as the next class of Kiva Fellows prepares to head out into the field after training this week. In the meantime though, here are some staff favorites. 

1. Taken from a commencement address by David Foster Wallace,... Continue Reading >>
May 5, 2013 KV Kiva HQ
This is a guest post by Emily Stone, the managing director at Kiva partner Maya Mountain Cacao in Belize. MMC supports cacao growers in the country to improve their livelihoods and get their high-quality product to market.

Chocolate. Dark brown, delicious, sweet, creamy, cocoa-loaded delights. Brownies, cookies, mousse, tarts, cakes, ganache. Candy bars, truffles, and bonbons.

This is the chocolate that we all know and love. Given as gifts between couples, used to celebrate special events, and craved by the masses sitting at school desks and... Continue Reading >>
May 5, 2013 KV Kiva HQ
Tragedy struck Rwanda almost 20 years ago when hundreds of thousands of citizens were killed in a matter of months in a horrific genocide. While great strides have been made, the economy has never been the same since. Over 40% of the population still lives below the poverty line. We are proud that Kiva’s presence in Rwanda can help the nation regrow by providing opportunity to small businesses and entrepreneurs.

To date, Kiva lenders have made over 7,500 loans (over 60% of them to women) in Rwanda via five local microfinance partners. 

... Continue Reading >>
May 5, 2013 KV Kiva HQ
This is a guest post by Kiva Fellow Esther Honig, who spent the last four months working with Kiva partner Fondo Esperanza in Chile.

In Santiago, Chile, a recent census showed that 50% of households living below the poverty line are run by single mothers.

The reason why has a lot to do with gender inequality in Chilean society. Of 93 countries surveyed around the world, Chile ranks 60th on the Gender Empowerment Measure (GEM).

While the country is considered to be fairly developed, many women still struggle to gain economic independence. The... Continue Reading >>
May 5, 2013 KV Kiva HQ
This is a guest post from Allie Hill, the Kiva Coordinator who works at field partner HOPE Congo. 



The author (right) with a HOPE Congo client Edith.

It was my first month living in Brazzaville, Republic of Congo. I had a mixture of emotions adjusting to a new culture, climate, and language, yet I was excited about my work with HOPE Congo’s clients. During my orientation, I visited several borrowers’ meetings, including Edith’s group Shaloom 2. I could barely communicate in French, but Edith and the other members... Continue Reading >>
May 5, 2013 KV Kiva HQ
For Mother's Day, we wanted to hear from some of our partners in the field about how motherhood, or helping mothers, has changed their perspective or inspired them to do more. We were excited to speak to Yuthida Sophat, treasury officer for VisionFund Cambodia, who is also a young mother.



KIVA: How does VisionFund Cambodia work to serve and support mothers?

YUTHIDA: VisionFund (Cambodia), a social-oriented MFI, has a precise mission to empower poor women and their families with small loans and other... Continue Reading >>
May 5, 2013 KV Kiva HQ
Just in time for Mother’s Day, Save the Children has published its 14th annual State of the World’s Mothers report -- defining the best and worst places in the world to be a mother.

In this year’s report, 176 countries were ranked based on the well-being of mothers and children. Their health, educational, economic, and political status were all taken into consideration.

Kiva works with partners in Côte d'Ivoire, Nigeria, Mali, Sierra Leone, and the Democratic...
Continue Reading >>
May 5, 2013 KV Kiva HQ
No larger than the state of Maryland, Rwanda is a small landlocked nation in the heart of Africa. Full of lakes and very mountainous, it is a beautiful country with just over 12 million inhabitants.



Today, some consider it Africa’s “biggest success story,” but just 19 short years ago the nation was haunted by one of the most horrific genocides in history.

1994 GENOCIDE

Unfortunately, when one thinks of Rwanda perhaps the first thing that comes to mind is its tragic history of genocide. Prompted by decades... Continue Reading >>
May 5, 2013 KV Kiva HQ
Without the hard work and dedication of countless individuals, Kiva could never have touched the lives of over 1 million borrowers.

Kiva Coordinators are critical to making this possible. KCs work with loan officers in the field to gather photos and stories of borrowers to post on the Kiva site -- connecting them to our community of lenders ready to help. KCs ensure that borrowers are well-represented on Kiva and are getting the funding and services they need to thrive.

So we would like to take this opportunity to highlight the work of three rockstar KCs who fuel... Continue Reading >>
May 5, 2013 KV Kiva HQ
Do you remember in school when your teachers used say that imitation is the highest form of flattery?  Maybe that didn’t happen to you, but I can remember hating it when a kid next to me would copy my drawing, cupcake decoration or science project and claim it was his own idea. That said -- no matter where you fall on the flattery spectrum -- here at Kiva we think copycats are great. 

Let me explain. Over the past year, Kiva has launched partnerships with a number of organizations that are testing exciting innovations in the field. They’re... Continue Reading >>
May 5, 2013 KV Kiva HQ
Have you ever wondered how a relatively small non-profit organization in San Francisco has managed to work effectively in more than 65 countries around the world? Or how new initiatives like Kiva Zip have scaled to over $1 million in loan volume within 17 months of launching?

While there are many factors that have contributed to these successes, one thing is certain -- Kiva would not be where it is today without the support and contributions of its Kiva Fellows.



Kiva's 20th class of Kiva Fellows before heading out into the field.
... Continue Reading >>
May 5, 2013 KV Kiva HQ
This is the first installment of a Mother's Day guest blog series, highlighting what Kiva makes possible for mothers, whether they are lenders, borrowers, or Kiva partners.

As we approach Mother’s Day next Sunday, we wanted to spotlight three Kiva lenders and their stories about making a difference for moms around the world. Lloyd Thompson honors his mom's charitable spirit from the other side of the world. Susan Linton makes loans in memory of her mother and grandmother. And Julie Patton uses Kiva to educate her own son about giving.

... Continue Reading >>
May 5, 2013 KV Kiva HQ
This is a guest post by Gabriela Barbosa, a volunteer Team Leader for Kiva's Review and Translation Program.

If you're reading this, chances are you want to make a difference in the world by helping entrepreneurs change their lives with small loans. Since its founding in 2005, Kiva has enabled over 900,000 of us lenders to make loans to more than 1 million borrowers. But what many people don't know is that Kiva depends on an army of volunteers to make loans available for funding on the website. This is the Review and Translation Program (RTP).
... Continue Reading >>
May 5, 2013 KV Kiva HQ
One of our favorite data visualization sites, the World Bank Tumblr recently posted this fascinating infographic about global internet use.


For a larger version of the graph you can click here.

The visualization skews a world map to demonstrate both the number of internet users per country as well as the percentage of the population with access to internet.

The size of each country on the map represents total number of internet users, and the darker the color, the higher the internet penetration. Countries with less than 2 million internet users... Continue Reading >>
May 5, 2013 KV Kiva HQ
We’re thrilled to announce our new partnership with Kubo.financiero in Mexico! Through branchless banking and other innovative services, Kubo is bringing interest rates down and making financing more affordable for the people who need it most.



Did you know that in developing countries, informal lending is a very popular way to access money? Be it for personal use or to start a company, people are quite comfortable with the idea of borrowing from relatives, friends, neighbors and acquaintances. Reasons for this vary, but oftentimes they... Continue Reading >>
May 5, 2013 KV Kiva HQ
This Passport Series has focused on the unique challenges faced by Palestinian borrowers. With skyrocketing unemployment rates, creative entrepreneurialism becomes all the more important. 

Kiva is proud to provide capital to courageous, hardworking borrowers in this part of the world. So to conclude this Passport Series, we would like to share with you stories of four entrepreneurs who -- with Kiva lenders' help -- have found success in a place with limited economic opportunity. 

A 34-year-old father of one, Basel has a disability that impedes his... Continue Reading >>
May 5, 2013 KV Kiva HQ
Mothers are incredibly powerful. Not only do they give life, they give their children the foundation they need to live healthy, successful, happy lives. When you give a mother the tools she needs to do these things, there’s no limit to what she can accomplish.



Did you know that outside of the agricultural sector, in both developed and developing countries, women on average still earn less than 78% of the wages paid to men for the same work? This is a gap that refuses to close in even the most developed countries -- leaving millions of women... Continue Reading >>
Apr 4, 2013 KV Kiva HQ
This is a guest post from Kiva Zip Director Jonny Price.

What's next?

I’m a huge West Wing fan, and one of my favorite quotes from President Jed Bartlett is that whenever his team achieves a tremendous success – broker a peace deal in the Middle East, or resolve a dispute between trade unions and their employers, for example – the President asks “what’s next?” I think it’s a great way to approach life.

Well we haven’t brokered any peace deals recently, but we are... Continue Reading >>

Pages

Blog posts tagged with microfinance

Jun 6, 2013 KV Kiva HQ


Kiva is thrilled to welcome Advans Côte d'Ivoire as our newest field partner! 

Known as Advans CI, the organization is the fifth microfinance institution established by Advans SA, a multi-national microfinance group already working in Cameroon, Ghana, Pakistan, Cambodia, and more places. 

Advans CI, founded in March 2012, is on a mission to provide credit and savings products -- in addition to other financial services -- to micro, small and medium enterprises in Côte d'Ivoire. After just one year, it's served over 3,000... Continue Reading >>
May 5, 2013 KV Kiva HQ
The month of June evokes many things -- summer, graduations, beaches.

But this June evokes much more.



June is one especially inspirational Kiva Zip borrower who has experienced more than her fair share of hardships in her life.

The twelfth of 17 children, she was born to poor, uneducated parents who couldn't provide basic love and affection for each other and their own children.

June never really knew her father, and when she was just 13, her mother disappeared with five of her younger siblings,... Continue Reading >>
May 5, 2013 KV Kiva HQ
On Tuesday night, the City of Oakland approved the proposal that would make them the first U.S. city to become a Kiva Zip trustee!

Kiva Zip is a pilot program within Kiva that uses mobile and electronic payment technology to enable direct, zero-interest loans between lenders and borrowers -- helping us reach more types of borrowers than ever before!

In the Zip model, “trustees” have taken the place of field partners. Trustees endorse borrowers based on their character and business plans, recommending them as good candidates for Zip loans... Continue Reading >>
May 5, 2013 KV Kiva HQ


Canterbury Microeconomics Club

A Thank You Poem
(Inspired by the rhymes of the Grade Three Kiva Ninjas at Bear Creek Elementary)

Not all feel compelled to jump up and dance,
Upon hearing that April’s Month of Micro-finance.
Once you’ve heard these stories, though, we know you’ll be crumping,
Cuz’ since we heard them here, our hearts have been thumping...

It wasn’t enough just to say “thanks,” this time,
So we’ll... Continue Reading >>
May 5, 2013 KV Kiva HQ
To conclude our Passport Series on Rwanda, we would like to share with you a couple of particularly inspiring borrower stories to remind you just how impactful a $25 loan can be -- especially in a country where almost 45% of the population lives below the poverty line.

Meet Felicite. 

A 45-year-old mother of two, her (and her family’s) livelihood depends on her farm -- just like 90% of the Rwandan population.



That translates to: no crops, no income. Because the sector is deemed to be very high-risk, it... Continue Reading >>
May 5, 2013 KV Kiva HQ
After several weeks of extensive user testing, we’re excited to release a new site update for the lending team "About" pages next week. This is all part of a concerted effort to better integrate lender feedback into our design process, and I’m personally excited about how much we’ve been able to do with this next round of changes. In addition to your emails and comments on the blog and lending teams, we sent out multiple surveys, interviewed a number of lenders and even had lenders visit our office so that we could learn directly from their experiences. I...
Continue Reading >>
May 5, 2013 KV Kiva HQ


‘'It’s amazing to see the other volunteers dedicating themselves to Kiva. I am truly in awe of them and how much they know. I can always draw on them through the forum when I have a question and within seconds people respond!"


City: Minneapolis, United States

Languages: Spanish

Team: Saliendo Adelante

Time with Kiva: 3 years and 5 months

Outstanding contributions to Kiva:
Pam... Continue Reading >>
May 5, 2013 KV Kiva HQ
This past week we've seen so many great videos that really resonated with us. So we would like to leave you with some inspirational weekend watching material!

Video is an utterly unique medium, with so much potential. We're looking forward to bringing you more stories of Kiva borrowers on video, especially as the next class of Kiva Fellows prepares to head out into the field after training this week. In the meantime though, here are some staff favorites. 

1. Taken from a commencement address by David Foster Wallace,... Continue Reading >>
May 5, 2013 KV Kiva HQ
This is a guest post by Emily Stone, the managing director at Kiva partner Maya Mountain Cacao in Belize. MMC supports cacao growers in the country to improve their livelihoods and get their high-quality product to market.

Chocolate. Dark brown, delicious, sweet, creamy, cocoa-loaded delights. Brownies, cookies, mousse, tarts, cakes, ganache. Candy bars, truffles, and bonbons.

This is the chocolate that we all know and love. Given as gifts between couples, used to celebrate special events, and craved by the masses sitting at school desks and... Continue Reading >>
May 5, 2013 KV Kiva HQ
Tragedy struck Rwanda almost 20 years ago when hundreds of thousands of citizens were killed in a matter of months in a horrific genocide. While great strides have been made, the economy has never been the same since. Over 40% of the population still lives below the poverty line. We are proud that Kiva’s presence in Rwanda can help the nation regrow by providing opportunity to small businesses and entrepreneurs.

To date, Kiva lenders have made over 7,500 loans (over 60% of them to women) in Rwanda via five local microfinance partners. 

... Continue Reading >>
May 5, 2013 KV Kiva HQ
This is a guest post by Kiva Fellow Esther Honig, who spent the last four months working with Kiva partner Fondo Esperanza in Chile.

In Santiago, Chile, a recent census showed that 50% of households living below the poverty line are run by single mothers.

The reason why has a lot to do with gender inequality in Chilean society. Of 93 countries surveyed around the world, Chile ranks 60th on the Gender Empowerment Measure (GEM).

While the country is considered to be fairly developed, many women still struggle to gain economic independence. The... Continue Reading >>
May 5, 2013 KV Kiva HQ
This is a guest post from Allie Hill, the Kiva Coordinator who works at field partner HOPE Congo. 



The author (right) with a HOPE Congo client Edith.

It was my first month living in Brazzaville, Republic of Congo. I had a mixture of emotions adjusting to a new culture, climate, and language, yet I was excited about my work with HOPE Congo’s clients. During my orientation, I visited several borrowers’ meetings, including Edith’s group Shaloom 2. I could barely communicate in French, but Edith and the other members... Continue Reading >>
May 5, 2013 KV Kiva HQ
For Mother's Day, we wanted to hear from some of our partners in the field about how motherhood, or helping mothers, has changed their perspective or inspired them to do more. We were excited to speak to Yuthida Sophat, treasury officer for VisionFund Cambodia, who is also a young mother.



KIVA: How does VisionFund Cambodia work to serve and support mothers?

YUTHIDA: VisionFund (Cambodia), a social-oriented MFI, has a precise mission to empower poor women and their families with small loans and other... Continue Reading >>
May 5, 2013 KV Kiva HQ
Just in time for Mother’s Day, Save the Children has published its 14th annual State of the World’s Mothers report -- defining the best and worst places in the world to be a mother.

In this year’s report, 176 countries were ranked based on the well-being of mothers and children. Their health, educational, economic, and political status were all taken into consideration.

Kiva works with partners in Côte d'Ivoire, Nigeria, Mali, Sierra Leone, and the Democratic...
Continue Reading >>
May 5, 2013 KV Kiva HQ
No larger than the state of Maryland, Rwanda is a small landlocked nation in the heart of Africa. Full of lakes and very mountainous, it is a beautiful country with just over 12 million inhabitants.



Today, some consider it Africa’s “biggest success story,” but just 19 short years ago the nation was haunted by one of the most horrific genocides in history.

1994 GENOCIDE

Unfortunately, when one thinks of Rwanda perhaps the first thing that comes to mind is its tragic history of genocide. Prompted by decades... Continue Reading >>
May 5, 2013 KV Kiva HQ
Without the hard work and dedication of countless individuals, Kiva could never have touched the lives of over 1 million borrowers.

Kiva Coordinators are critical to making this possible. KCs work with loan officers in the field to gather photos and stories of borrowers to post on the Kiva site -- connecting them to our community of lenders ready to help. KCs ensure that borrowers are well-represented on Kiva and are getting the funding and services they need to thrive.

So we would like to take this opportunity to highlight the work of three rockstar KCs who fuel... Continue Reading >>
May 5, 2013 KV Kiva HQ
Do you remember in school when your teachers used say that imitation is the highest form of flattery?  Maybe that didn’t happen to you, but I can remember hating it when a kid next to me would copy my drawing, cupcake decoration or science project and claim it was his own idea. That said -- no matter where you fall on the flattery spectrum -- here at Kiva we think copycats are great. 

Let me explain. Over the past year, Kiva has launched partnerships with a number of organizations that are testing exciting innovations in the field. They’re... Continue Reading >>
May 5, 2013 KV Kiva HQ
Have you ever wondered how a relatively small non-profit organization in San Francisco has managed to work effectively in more than 65 countries around the world? Or how new initiatives like Kiva Zip have scaled to over $1 million in loan volume within 17 months of launching?

While there are many factors that have contributed to these successes, one thing is certain -- Kiva would not be where it is today without the support and contributions of its Kiva Fellows.



Kiva's 20th class of Kiva Fellows before heading out into the field.
... Continue Reading >>
May 5, 2013 KV Kiva HQ
This is the first installment of a Mother's Day guest blog series, highlighting what Kiva makes possible for mothers, whether they are lenders, borrowers, or Kiva partners.

As we approach Mother’s Day next Sunday, we wanted to spotlight three Kiva lenders and their stories about making a difference for moms around the world. Lloyd Thompson honors his mom's charitable spirit from the other side of the world. Susan Linton makes loans in memory of her mother and grandmother. And Julie Patton uses Kiva to educate her own son about giving.

... Continue Reading >>
May 5, 2013 KV Kiva HQ
This is a guest post by Gabriela Barbosa, a volunteer Team Leader for Kiva's Review and Translation Program.

If you're reading this, chances are you want to make a difference in the world by helping entrepreneurs change their lives with small loans. Since its founding in 2005, Kiva has enabled over 900,000 of us lenders to make loans to more than 1 million borrowers. But what many people don't know is that Kiva depends on an army of volunteers to make loans available for funding on the website. This is the Review and Translation Program (RTP).
... Continue Reading >>
May 5, 2013 KV Kiva HQ
One of our favorite data visualization sites, the World Bank Tumblr recently posted this fascinating infographic about global internet use.


For a larger version of the graph you can click here.

The visualization skews a world map to demonstrate both the number of internet users per country as well as the percentage of the population with access to internet.

The size of each country on the map represents total number of internet users, and the darker the color, the higher the internet penetration. Countries with less than 2 million internet users... Continue Reading >>
May 5, 2013 KV Kiva HQ
We’re thrilled to announce our new partnership with Kubo.financiero in Mexico! Through branchless banking and other innovative services, Kubo is bringing interest rates down and making financing more affordable for the people who need it most.



Did you know that in developing countries, informal lending is a very popular way to access money? Be it for personal use or to start a company, people are quite comfortable with the idea of borrowing from relatives, friends, neighbors and acquaintances. Reasons for this vary, but oftentimes they... Continue Reading >>
May 5, 2013 KV Kiva HQ
This Passport Series has focused on the unique challenges faced by Palestinian borrowers. With skyrocketing unemployment rates, creative entrepreneurialism becomes all the more important. 

Kiva is proud to provide capital to courageous, hardworking borrowers in this part of the world. So to conclude this Passport Series, we would like to share with you stories of four entrepreneurs who -- with Kiva lenders' help -- have found success in a place with limited economic opportunity. 

A 34-year-old father of one, Basel has a disability that impedes his... Continue Reading >>
May 5, 2013 KV Kiva HQ
Mothers are incredibly powerful. Not only do they give life, they give their children the foundation they need to live healthy, successful, happy lives. When you give a mother the tools she needs to do these things, there’s no limit to what she can accomplish.



Did you know that outside of the agricultural sector, in both developed and developing countries, women on average still earn less than 78% of the wages paid to men for the same work? This is a gap that refuses to close in even the most developed countries -- leaving millions of women... Continue Reading >>
Apr 4, 2013 KV Kiva HQ
By Jonny Price
This is a guest post from Kiva Zip Director Jonny Price.

What's next?

I’m a huge West Wing fan, and one of my favorite quotes from President Jed Bartlett is that whenever his team achieves a tremendous success – broker a peace deal in the Middle East, or resolve a dispute between trade unions and their employers, for example – the President asks “what’s next?” I think it’s a great way to approach life.

Well we haven’t brokered any peace deals recently, but we are... Continue Reading >>

Pages