Blog posts tagged with newpartner
Please join Kiva in welcoming Micro Start (Action des Femmes pour le Développement), Kiva’s newest field partner, and our first partner in Burkina Faso! Headquartered in Ouagadougou (the country's capital city), Micro Start was founded by women to serve women. The institution was born when a group of 8 women, each of whom had significant experience in business and microfinance, pooled their own funds in order to found an institution that would support poor women entrepreneurs through... Continue Reading >>
Please join me in bidding a warm welcome to Kiva’s new field partner in Jordan, Alwatani (National Microfinance Bank). Alwatani has been providing microcredit services to low- and middle-income Jordanians since 2006. Through its 10 branch offices located throughout the country, Alwatani serves approximately 25,000 entrepreneurs.During my training visit to Alwatani’s offices, I had the pleasure of meeting not just their staff, but some of their borrowers as well. Their staff is warm, committed, and proud of all that their institution has accomplished in its 5 years. And I must say, I... Continue Reading >>
In the wake of years of war, very few Iraqis have access to startup capital or collateral required to obtain a loan. While it’s difficult to find a reliable statistic for Iraq’s unemployment rate, its clear that the economy is in need of deep investment and reconstruction; the CIA World Factbook notes an official unemployment rate of 15.8%, with unofficial figures as high as 30%. Other sources have estimated a rate as high as 60%. (Gen. Barry McAffrey estimated it to... Continue Reading >>
Kiva’s newest field partner, Amasezerano Community Banking S.A. is as lovable as its native country Rwanda. And that’s no small statement, because Rwanda could win anyone over—it has endless green hills and an engaged, courageous citizenry.
Rwanda is often seen as an international development success story in process—Kigali’s streets are clean, and the Rwandan population benefits from basic national health insurance. But poverty remains grinding and ever-present. The majority of the population lives below 250 Rwandan francs (about $0.43) per day (CIA World Factbook), and the...Continue Reading >>