Stories tagged with Kenya

Oct 10, 2017 KE Kenya
Having lived and worked in Kenya for most of my life, I thought I knew a lot about the Microfinance space in the country. Well, all that changed when I joined VisionFund Kenya as a Kiva fellow a few months ago.

VisionFund Kenya (VFK) is a microfinance institution in Kenya founded in the year 2000 by World Vision Kenya. They have over 13 branches located in different parts of Kenya with a current customer base of over 16,000 borrowers, and their unique passion to better the lives of children is clearly stated in their vision statement: ''Our vision for every child, life in all its... Continue Reading >>
Apr 4, 2017 KE Kenya
One of the great things about Nairobi is the plethora of running groups available. In Monrovia, I was an avid member of the Monrovia House Hash Harriers, but there were few opportunities for more serious running. In Nairobi, there is at least one running group meeting daily. One of my favorites is the Urban Swaras, which meets at 7 am on Saturday mornings, with 5-20 km runs followed by breakfast.



Urban Swaras is a pretty cool group. Like the hash, the group meets at pre-determined trails and follows arrows indicating where to go. However, there are not any of the... Continue Reading >>
Apr 4, 2017 KE Kenya
Much of the world lacks access to safe water. Worse yet, even in areas where safe drinking water is available, access is often restricted due to a lack of available financing.



SMEP, one of Kiva’s field partners in Kenya, offers affordable WASH (water, sanitation, and hygiene) loans to borrowers looking to purchase water tanks. SMEP’s affordable financing has several major benefits. Since the loans are almost always repaid, the money can be given out to other borrowers after one loan is completed. In addition, the water tanks can store enough water for an... Continue Reading >>
Nov 11, 2016 KE Kenya
“We have very productive land here. We just need enough water to grow our crops” Irene said repeatedly as we were taking a tour of her farm in Kalamba, Kenya. Irene and her family’s primary business is managing their three-acre farm that sits in Makueni County in central Kenya. On their land, Irene grows a variety of crops including peas, tomatoes, maize and mangos. While the family has had several successful months of higher than average yields, Irene expressed her anxiety of having enough water in the coming months as we toured her farm. Irene’s concerns were not unique. I also visited... Continue Reading >>
Oct 10, 2016 KE Kenya
For the past 60 years, economists have been researching and discussing asset diversification and Modern Portfolio Theory. Developed first by the Nobel Economist Harry Markowitz in his 1952 paper, Portfolio Selection, Modern Portfolio Theory is the study of “a choice of the mean and variance of a portfolio of assets” (1). Modern Portfolio Theory investigates the benefits of diversifying one’s wealth across different assets, be it land, houses, stock, bonds or other asset classes. A key hypothesis in the field is that through the diversification of assets, particularly among assets... Continue Reading >>
Aug 8, 2016 GO Global Update
Fellows are introducing old and new routines, hobbies and habits in their new environment. Here is what they are up to!

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Jul 7, 2016 KE Kenya
The majority of Kenyans in rural areas are completely reliant on natural sources for all of their water needs; this includes bathing, washing clothes, cooking, and drinking. Unfortunately, these sources of water are in no way purified or fit for human consumption. Therefore, before it can be consumed, the water must be boiled to kill bacteria. This is an arduous process that not only requires time and money, but also has a lasting environmental impact – as coal is the source of heat for heating the water. Enter Evidence Action – a Kiva partner with a solution that addresses all three issues... Continue Reading >>
Dec 12, 2015 KE Kenya
In his first trip to the African continent, Pope Francis began his three-country tour in Nairobi, Kenya, which drew hundreds of thousands of adherents to the country’s capital. In his brief three-day stay in the country, Francis focused on the most marginalized in society, culminating in a trip to Kangemi, one of the 11 slums found throughout Nairobi.
 
A market place in the informal settlement of Mukuru kwa Njenga

 
            In... Continue Reading >>

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