Stories tagged with Mexico

Jun 6, 2010 MX Mexico

By Sally Bolton, KF11, Mexico

A strange thing happens when the time comes to take a photo of a Kiva borrower or group. Women who moments before were smiling and laughing suddenly put on their solemn photo face. My colleague Marta is great at coaxing a smile from even the most serious photo subjects. “Lend me a smile, please,” she says. “I’m going to make you a star! Next stop, Hollywood!” The women break into smiles, and with a quick click of the camera she captures the moment.

The women have another thing in common with Hollywood stars, aside from having their photo...

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Jun 6, 2010 MX Mexico

By Sally Bolton, KF11 Mexico

In June 1986 during the football World Cup in Mexico many people around the world saw a stadium wave for the first time. In many countries this phenomenon became known as a Mexican wave. In June 2010 a borrower in Mexico saw Kiva’s new client waiver for the first time. This is the story of the waiver, not the wave.

“I’m so happy that you can come with me to Tlalnepantla today,” said Leti, the loan officer I was working with last week. “There’s a group there who don’t want to enter into Kiva for their second loan cycle. Maybe you...

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May 5, 2010 MX Mexico

By Sally Bolton, KF11, Mexico

Once upon a time in Oaxaca, Mexico there was a fine river which flowed below Jicaltepec. Nowadays the fish are gone and the earth is dry. Young children are wide-eyed at their parents’ stories of playing and swimming in the river as children themselves.

It seems impossibly dry in the Costa Chica, a region on the south coast of Mexico a few hours east of Acapulco. Straddling the states of Guerrero and Oaxaca, the villages of the Costa Chica are far removed from the decadence of the famous resort town.

The hills are tinderbox- dry,...

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May 5, 2010 MX Mexico

By Sally Bolton, KF11, Mexico

Imagine life as a Kiva Fellow. Imagine living in some remote location far removed from the distractions and temptations of modern city life. Imagine struggling with slow internet connections and power outages. Imagine rustic housing and domestic compromises. Imagine a life not unlike what you have been living for the past year in Timor-Leste, the young half-island nation still struggling with the challenges of post-conflict development.

Instead, you find yourself in Mexico City, a grand swirling explosion of a metropolis. Or perhaps even...

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Apr 4, 2010 MX Mexico

By Julia Kastner, KF10 Mexico

A lot of Kiva blogs have discussed the issue of interest rates and how much interest should be paid on a microfinance loan.  But what about the size of the loan itself?  It’s actually not that easy for an MFI to decide how much to lend to a client – if they lend too much, they fear the client won’t be able to pay back the loan, but if they lend too little, the client may not be able to achieve their business goals.  For CrediComun, my MFI in Mexico, ensuring that their clients are not over-indebted is a major priority – they want...

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Mar 3, 2010 MX Mexico

By Julia Kastner, KF10 Mexico

Mexico shares a major problem with its northern neighbor.  No, I’m not referring to the drug trade, which has left 18,000 Mexicans dead since 2006 (see http://news.bbc.co.uk/2/hi/americas/8582497.stm for more), although this is obviously Mexico’s biggest problem both socially and economically. In this case, I’m referring to obesity. According to a study by the OECD, 24.2% of Mexico’s population is obese, which makes Mexico the second-most obese country in the world, second only to the United States at 30.6%.

...

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Feb 2, 2010 BO Bolivia

At microfinance institution Asociación Arariwa in Cusco, Peru, and now working with Emprender in La Paz, Bolivia, I have met a ton of animals.  Being an animal lover and from New York where I rarely see live animals walking around (unless the occasional stray cat or rat or cockroach counts), seeing animals as part of my daily life is a pleasure.

Here are several Kiva Fellow animal stories in photos -

Below are stories of Kiva Fellow animal encounters from around the world.  If you enjoyed Kiva’s Animal Kingdom, please consider making a loan to a Kiva entrepreneur who... Continue Reading >>
Jan 1, 2010 MX Mexico

By Julia Kastner, KF10 Mexico

Feliz Navidad and Feliz Año Nuevo from Mexico!

Yesterday was the first day of my second Kiva placement at a brand new MFI called CrediComun.  I completed my first placement with Fundacion Realidad in mid-December (make a loan to them here!) so I had a couple weeks of vacation to travel!  I went to the city of Oaxaca, a city famous for history and art, and to Zihuatenejo, a fishing village turned beach.  Let’s just say it was a really tough couple of weeks!  But I must admit, I couldn’t quite clear the microfinance perspective...

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Dec 12, 2009 MX Mexico

by Julie Pachico, KF9 Mexico

Lending teams (in case you aren’t already aware) are one of the funner features on Kiva. The idea behind lending teams is to create a community of Kiva lenders rallying behind a common cause. Teams rang from the commonplace, such as those based on countries and universities, to the more quirky, such as Beer Goggles Never Lie and the Flying Spagehtti Monster. After joining your lending team of choice (you can belong to as many as you want!), you can choose to have the next loan you make on Kiva “count” towards the lending team,...

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Dec 12, 2009 MX Mexico

By Julia Kastner, KF9 Mexico

What does it take for you to repay your credit card? A click of a button? A check in the mail?

Yesterday marked my last day at Fundacion Realidad A.C., a microlender based in Mexico City. Over the three months of my first Kiva placement, I’ve visited a lot of clients and witnessed a lot of repayment sessions (when groups gather weekly or bi-weekly to gather funds to pay back their loans). You, the lender, just get a nice email saying the loan’s been repaid, but I wanted to share with you some of the issues the MFI and the...

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