Stories tagged with Nicaragua

Apr 4, 2010 NI Nicaragua

By Monica Hamlett, KF10 Managua, Nicaragua

Nicaragua is in limbo of a new law as we speak, one of the mandates is an interest rate ceiling for microfinance institutions. So I did a little research to keep up with the current events.

The Consultative Group to Assist the Poor (CGAP) published a donor brief titled, “The Impact of Interest Rate Ceilings on Microfinance”. Because I know how intoxicating the title is and the temptation to read is nearly unbearable, I will take the liberty of highlighting a few key points.

So, if we put a cap on the rate will we...

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Apr 4, 2010 NI Nicaragua

http://www.life.com/image/50325863

In this scenario I am Lassie and you are Timmy. I’m all worked up because I’m watching helplessly as a senseless law is passed, a law which has the potential to seriously damage the microfinance sector in Nicaragua and rob many of the poor of financial growth and opportunity. So be patient and listen close as I bark at you…

June 2008: A group of farmers, led by Omar Gonzalez...

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Mar 3, 2010 NI Nicaragua
  • ADIM is The Alternative Association for the Integral Development of Women,
  • ADIM is one field partner in Nicaragua who works with Kiva – choosing borrowers, taking their pictures, collecting repayments… all the stuff going on behind the scenes,
  • ADIM is an awesome microfinance institution, and I’m not the only one who thinks so…

In 2009 ASOMIF (The Nicaraguan Association for Micro Finance Institutions) awarded ADIM “Best Practices in Microfinance for Gender...

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Mar 3, 2010 NI Nicaragua

So it turns out I have an ugly competitive side.  I take that back, it does not “turn out” I have an ugly competitive side, I confess I have known about it for a long time and this weekend it has shown its teeth.

Saturday I climbed Cerro Negro.  A cinder cone volcano in Nicaragua which is not only famous for activity – it has erupted 23 times since 1850, most cinder cone volcanoes erupt only once (http://en.wikipedia.org/wiki/Cerro_Negro, http://en.wikipedia.org/wiki/Volcano#Volcanic_cones_.28cinder_cones.29)- but also it is famous for the popular tourist attraction, volcano...

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Mar 3, 2010 NI Nicaragua

By Bryan Goldfinger, KF10 Nicaragua

Several days ago I woke up at 4:30 in the morning because my high-power fan, which I position directly on me, three feet from my bed, had blown my sheet and fitted sheet completely off the mattress (yeah, I was confused too).  In order to put an end to the hectic sheet flapping, I switched off the fan. Once I had restored order to my bed, I found a comfortable position and tried to go back to sleep. Then, two things happened that very quickly alerted me to the fact that I had forgotten to turn the fan back on. The first was that I had...

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Feb 2, 2010 NI Nicaragua

As I walked into Jose’s home I was greeted by tinkering noises of shoe making. The smell of onions cooking in oil over a fire drifted under my nose. A thin dog maneuvered gracefully between all the legs and commotion as I maneuvered like a tall clumsy English-Irish type bumping my head on various structures and door frames.

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I tried as best as I could to fade into the...

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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 NI Nicaragua

By Victoria Kabak, KF9, Nicaragua

As I finish up my placement as a Kiva Fellow in Nicaragua, there is one question that I didn’t know the answer to when I arrived and that still confounds me three months later. Why isn’t Nicaragua a more “popular” country to lend to on Kiva?

The average time to fund a loan on Kiva to a borrower from AFODENIC, the microfinance institution where I’ve been a Kiva Fellow here in Nicaragua, is 5.65 days, almost 2.5 times the overall average (this information can be found on any partner page, under the “Loan Characteristics on...

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Jan 1, 2010 NI Nicaragua

By Kelly McKinnon, KF9 Leon, Nicaragua

In my time as a Kiva Fellow I’ve written more than 100 borrower profiles and 40 or so journal updates. When writing profiles one tends to fall into a rhythm, there are words that come up repeatedly, expressions that are almost invariably used, translations that don’t quite work. Often my days are spent trying to deciphering the handwriting of a loan officer with little knowledge of the borrower beyond what is scrawled. Most of the time I look at the back of a computer. It wasn’t exactly the vision I had when I dreamed of joining the...

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Jan 1, 2010 NI Nicaragua

By Meg Gray, KF9 Nicaragua

One example of a bad road I have faced.

I’ve driven over some pretty terrible roads over the last three months. It doesn’t seem to matter if they’re gravel, paved, dirt, or a mixture of the three. In Nicaragua every road has character and usually this “character” makes it harder to get to CEPRODEL’s clients. Now besides being an inconvenience, why does this matter? It matters because...

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