Stories tagged with Nicaragua

Jul 7, 2009 NI Nicaragua

By Susan Arthur, KF8 (Kiva Fellow 8th Class) in Nicaragua

Episodio 3: Doña Cony plans ahead.

In May, she planted a granadilla fruit tree in her back courtyard in Managua. It looks more like a vine, and it stands about five feet two inches tall, about the height of Doña Cony.

Granadillas Equals “Dineritos”

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“It...

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Jun 6, 2009 NI Nicaragua

By Susan Arthur, KF8, Nicaragua

Dear Kiva Novela Fans,

I was unable to upload the two videos that were to accompany last Saturday’s (Episode 2) of “As the Microfinance Mundo Turns.” So consider this to be Episode 2.5. Don’t miss Laura Hopps’s testimonial about Doña Cony’s ice cream. Laura lives in Nicaragua and volunteers for the Centro Cultural Batahola Norte. Follow her Friends of Batahola blog if you want to learn more.

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Jun 6, 2009 NI Nicaragua

By Susan Arthur, KF8 Nicaragua

Doña Cony is quite the savvy business women.

She lives in Batahola Norte, a neighborhood in Managua, Nicaragua, the second poorest country in Latin America after Haiti, according to the World Bank.

Purveyor of Nicaragua´s...

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Jun 6, 2009 NI Nicaragua

By Susan Arthur, KF8 Nicaragua

Dear readers,

I am a Kiva Fellow in Managua, Nicaragua, working with field partner CEPRODEL.  I’ve been here for a couple of weeks now, and am thrilled to announce Kiva’s first novela: “As the Microfinance Mundo (World) Turns.”

Novelas are soap operas which are very popular in Latin America and on Spanish-language television in the U.S. On this blog, I will unveil the story of Doña Cony as she seeks credit so she can open a “comedor” or small restaurant on the front porch of her house.

Located in Batahola Norte, a poor neighborhood...

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Jun 6, 2009 NI Nicaragua

Ashley Nelsen KF 7/8 Nicaragua

The latest news from Nicaragua has unfortunately been the decision by the United Nations to cancel $62 million dollars worth to funds destined to assist in the Millennium Development Goals (MDGs). The MDGs are eight goals created by the United Nations to combat some of the developing world’s most pressing problems such as improved access to education and health. The decision to revoke the funds is a direct result of electoral fraud that occurred last fall during the mayoral elections. People were denied access to vote, votes were not counted, and many...

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Jun 6, 2009 DO Dominican Republic

By Ashley Nelsen KF7/8 DR and Nicaragua

If Kiva had green microloans would you support one?  I am different from the “traditional” Kiva Fellow in the sense that I am spending my last semester of graduate school working full time as a fellow while researching the possibility of using microfinance to fund green or environmental microloans for my thesis.  Ideally, green microloans would work to improve income generation, health, and environmental conditions of the world’s poor.

The world’s poor interact on a daily basis with their natural surroundings, and depend on the natural...

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May 5, 2009 NI Nicaragua

by Ashley Nelsen

Do you think you could you start a thriving general store from a single 25 pound sack of sugar?  Gloria María Ramírez Herrera did and recently told me how. Unwilling to sign her house as collateral for a traditional bank loan, she knew she would have to start her business on her own, and start small. Gloria saved up little by little and purchased a single 25 pound sack of sugar and began selling it out of the front window of her house. That’s where the MFI Asociación Alternativa Para el Desarrollo Integral de las Mujeres (ADIM) stepped in to assist. Gloria used her...

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May 5, 2009 CR Costa Rica

I’ve just arrived at my fourth and final placement as a Kiva Fellow.  Less than two weeks ago I was wrapping up work with ADEPHCA in Nicaragua and, following a week of whirlwind travel through southwestern Nicaragua, I arrived to start my first week with EDESA in Costa Rica.  Based on initial impressions, ADEPHCA and EDESA have very little in common other than the fact they are both identified by somewhat confusing acronyms and are both quite small organizations in the world of microfinance.  But that is where the similarities end.  ADEPHCA is based out of Bluefields, Nicaragua: a town of...

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Apr 4, 2009 NI Nicaragua

Perhaps it depends on the context.

Now having served as a Kiva Fellow at three of Kiva’s partner microfinance institutions (MFI) in three distinct locations, I have seen a wide variety in the types of businesses Kiva lenders are funding.  I have also seen many, many situations where one client has several businesses.  In a recent blog post, Stephanie Koczela, a Kiva Fellow in Uganda, very articulately explained how and why microfinance clients often have a variety of businesses.  As she describes, not only is this the reality, it actually makes a lot of sense and helps these clients...

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Apr 4, 2009 NI Nicaragua

I recently picked up The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It by Paul Collier, Professor of Economics and Director for the Study of African Economics at Oxford University and former director of Development Research at the World Bank. It has been a grim and simultaneously enlightening book, dubbed as a must-read by the New York Times and set to become a classic according to the Economist.

In a nutshell, The Bottom Billion states that our perception of development for the last forty years has...

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