Stories tagged with Nicaragua

Apr 4, 2011 AM Armenia

Compiled by Alexis Ditkowsky, KF14, South Africa

Most of the photos for April Fools' Day were ready before we even hatched our plans (Cambodia pictured)

We hope you enjoyed our April Fools post on Friday! While we were entertaining ourselves pulling it all together, we also found the time to attend to some serious matters: coffee in Colombia is no joke (in a bad way), some borrowers are easier to locate than others, and oftentimes Fellows must say goodbye to...

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Mar 3, 2011 NI Nicaragua

A Brief History

 

In 2008, a movement began in Jalapa, Nicaragua by a man who was over-indebted. This man was able to convince other debtors facing economic hardship, to join him in relinquishing their responsibility to pay back their loans. President Ortega supported them. Then, the movement turned violent, there was fear that investors would avoid Nicaragua, and the micro-finance institutions united. A moratorium was passed favoring the debtors in the movement, along with a low interest rate and...

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Mar 3, 2011 NI Nicaragua

Every morning in Esteli, Nicaragua, a siren goes off at 6am, calling hundreds of factory workers to start their day, making some of the finest cigars in the world.

Juan Carlos is a Kiva borrower. He grows tobacco for making cigars.

First, the tobacco leaves are fluffed during drying to release heat and moisture.

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Mar 3, 2011 NI Nicaragua

Outside the town of Esteli in Nicaragua, you can find the Catholic University of Dry Tropic Farming and Livestock (UCATSE).   In October 2010,   MíCrédito and Kiva disbursed their first student loans there.

These loans allowed the students to put into practice, what they had learned in the classroom.  One group of students used their loans ($75 per student at 1.5% interest per month) to make cheese which was sold on campus.

As a Kiva Fellow, I decided to visit the university, meet the students, see the process firsthand, and offer my services as an official taster....

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Feb 2, 2011 BJ Benin

Compiled by Alexis Ditkowsky, KF14, South Africa

Kiva's microfinance partners often provide services beyond finance, including housing (pictured above in Colombia), education, energy, agriculture, hospitality, business, women's rights, community, and culture.

Another week, another incredible range of dispatches from around the world. Several Fellows told their stories with video and pictures while others took time to reflect on the state of microfinance as a global...

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Feb 2, 2011 BO Bolivia

Fellows wrote about visiting with borrowers and so much more (South African clients pictured above)

Members of the 14th class of Kiva Fellows have officially hit their stride. While we never know where the next dispatch will come from or what interesting topics the Fellows will cover next, we always know we’ll be transported, entertained, and edified. This past week, topics included “Christmas”, trekking to a remote village (with video!), handling adversity (...

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Oct 10, 2010 NI Nicaragua

By Dan Tulchin, KF12, Nicaragua

I have always been interested to learn the local perceptions of the United States when living abroad. On a recent night, after jumping in a cab, I spent some quality time with Jauro, a loquacious taxi driver with an opinion on just about everything. For contextual purposes, I must provide some information about the taxi experience in Nicaragua’s capital. Firstly, as in many developing countries, there are no streets or number signs. Directions are all relative to a common park, cemetery, rotunda, mall, you name it. In Managua, al...

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Oct 10, 2010 NI Nicaragua

By Dan Tulchin, KF12, Nicaragua

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Oct 10, 2010 NI Nicaragua

In lieu of a more traditional blog, I thought it would be interesting and potentially helpful to take a stab at answering 5 common questions from friends and family related to Kiva and the broader role of microfinance. While I am, by no means, an authority on microfinance, I hope this sheds some light on Kiva and provides some color on my experiences as a Kiva Fellow.

Is it true that most of the borrowers in Nicaragua and elsewhere are women? If so, what do you think are the reasons for this?

Indeed, 82% of all Kiva loans are directed to women. There are a number...

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Sep 9, 2010 NI Nicaragua

Living in the developed world, we become accustomed to convenient filters that give us what we want, sidestepping some unpleasant truths.  Meat is a delicious hamburger with fixings in a toasty bun, for example, and not the carcass at the neighborhood carnicería with flies swarming around it.  Clean, potable water is just a slight turn of the wrist away while disposing of waste requires tossing garbage bags on the street or pushing down ever so firmly on the toilet lever.  While Nicaragua lacks many of these fundamental filters that make life easier for both the microfinance...

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