In the past few months, the Indian microfinance industry has learned that not all publicity is good publicity. A few Kiva Fellows wanted to learn what the issues were, and what can be done to prevent them in the future. We will present our findings in a series of blog postings over the coming days. Given the inherent complexities, the multiple viewpoints and an ever changing political and legal landscape, our work is only intended to provide a top-level summary of the situation as it stands now. If you are interested in learning more about...
Stories tagged with Rwanda
If you are a lender on Kiva then you may have an inkling of how I’m feeling as I write this blog. Elated and…well…wondrous.
You know that feeling. The one you get when you’ve gone online and put in your $25 towards a loan of $850. Then, a few hours later you receive “the update” from Kiva; an email to say 33 other people have done the same thing. The loan has been fully funded.
It’s a beautiful moment, where elegant software design harnesses people power. There is something wondrous about it. It restores my faith in the world, in humanity.
So perhaps you...Continue Reading >>
During my first day at Amasezerano Community Bank (ACB), I learned that “Amasezerano” is the Kinyarwanda word for “Promise”. After being here for just about a month now, I have to say that this word is a good fit for Kiva’s new partner MFI in Kigali, Rwanda. ACB, though young and still fairly small, is having an effect on the community through its diverse loan products and dedicated staff. But most importantly, Amasezerano is able to help its community because this institution understands its clients well.
Amasezerano was founded in 2006 with the help of African Evangelical...Continue Reading >>
“Someone told me she loves me, just then…she told me that she loves me and I am so happy.” When an overjoyed stranger took his mobile from his ear and turned to find the first person to share his wonderful news with…there I was. Someone loved him and he had to let it out to the world. I gave him my congratulations, shook his hand and landed an encouraging pat on his back. He was beaming. So was I.
Aaah Rwanda! Only two weeks in and every day has been a revelation.... Continue Reading >>
This is the tale of how I ended up in the Nairobi airport feasting on two rounds of iced coffee, countless chocolate bars, multiple samosas, and even the sugar coated ice cubes at the bottom of the cup. Meanwhile, Sarah Curl lay collapsed atop a motel bed in a dusty Ugandan town where she may quite possibly remain until this very day.
A perk of the Kiva Fellowship is having friends who live and work in diverse locations around the globe. After a few months in Kenya, I decided to take advantage of this network of colleagues and visit a KF12 classmate in Kampala. This is the latest...Continue Reading >>
Last week in Rwanda, the Ministry of Education (MOE) announced plans to cut its funding programs for university students in order to funnel that money into primary and secondary education. Currently, Rwanda offers its citizens free1 education through the third year of secondary school for a total of nine years of free education. The remaining three years of secondary school must be self-financed. As a result of this free 9-Year Basic Education (9-YBE), Rwanda has one of the highest primary enrollment rates in the region (92% in 2004). However, this is not a cheap commitment to keep,...Continue Reading >>
“Each time a man stands up for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends forth a tiny ripple of hope, and crossing each other from a million different centers of energy and daring, those ripples build a current which can sweep down the mightiest walls of oppression and resistance.”- RFK
The first news reports on BBC, New York Times, and AP said that the bomb went off at 8:10 in the morning. I swear though, that I heard it at 8:04. It’s not every day that a young American not serving in the armed forces...Continue Reading >>
Monday September 6th was a national holiday here in Rwanda as the nation celebrated the inauguration of President Paul Kagame for a second seven year term. Outside of the filled to capacity National Stadium, I, along with thousands of Rwandans, watched as President Kagame signed the Oath of Office and accepted the Instruments of Office – a copy of the Constitution, a National Flag, and a Coat of Arms. Later he was given a spear and a shield, traditional symbols that signify his duty to protect the nation.
Elections were held on August 9th and President Kagame garnered 93...Continue Reading >>
Child savings accounts have been provided by an array of groups, including non-governmental organizations (NGO’s), financial institutions, and national governments. Each has its own method and agenda for providing the accounts. A common form of these accounts is a regular savings account that is open to minors and either held in the minor’s name or jointly with a parent. This product is generally delivered through the same channels as other savings products. In addition to providing accounts, the group may also offer courses to teach financial literacy and lifestyle practices. These...Continue Reading >>
Austin Harris, KF11 Rwanda
1 kg. (2.2 lbs.) Sorghum
7g (1/4-ounce) Baking Yeast
Soak sorghum in water, allowing it to begin germination. Dry the partially germinated grains. Crush the sorghum and boil in water for about 15 minutes. Drain and put into a large vessel. Add 4 liters of hot water and let sit for 1 hour.
Transfer liquid portion of mash to a large vessel and add 8 liters of hot water. Let the mixture cool naturally until reaching room temperature.
Add the yeast and one cup...Continue Reading >>