Beth Ritchey

Fellows Blog Posts by Beth Ritchey

Apr 27, 2010 MN Mongolia

By Beth Ritchey, KF10, Mongolia

Currently on Kiva.org there are almost 100 loans looking for funding for personal housing expenses.  The purchase of a home, and the subsequent improvements, is one of the largest household expenditure items in almost any country.  Because of the high costs associated with home improvements, many Kiva borrowers are successfully borrowing funds in a series of loans, making improvements over time.  For example Jesenia Del Socorro Urbina Jarquin in Nicaragua, is looking to fund her 3rd home improvement loan.

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Apr 22, 2010 MN Mongolia

By Beth Ritchey, KF10, Mongolia

Often on the Kiva website, lenders will see entrepreneurs looking to borrow money to stock their business shelves for an upcoming holiday.  In the United States we see retailers plan for the Christmas shopping season, in Central and South America businesses prepare for Carnaval sales and in Mongolia one of the biggest holidays that small businesses look forward to is Tsagaan Sar, the Lunar New Year.

Tsagaan Sar is celebrated two months after the first new moon following the winter solstice, typically in mid to late February.  The...

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Apr 16, 2010 MN Mongolia

By Beth Ritchey, KF10, Mongolia

Please give a warm Kiva welcome to our newest partner in Mongolia:  Credit Mongol LLC!  Credit Mongol (CM) is based in Ulaanbaatar, the capital of Mongolia, and is Kiva’s second partner in Mongolia.  Credit Mongol is excited about this new partnership with Kiva and is looking forward to building connections between the Kiva lending community and borrowers in Mongolia!

Credit Mongol Staff

A little bit about Credit Mongol...

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Mar 30, 2010 MN Mongolia

By Beth Ritchey, KF10, Mongolia

“On March 27, 2010, an estimated one billion people around the world came together to call for action on climate change by doing something quite simple—turning off their lights for just one hour—Earth Hour.” Starting at 8:30pm in New Zealand and following the setting sun around the world, Earth Hour asked people to turn off their lights for one hour, adding up to a global 24 hours without lights.  Internationally recognizable monuments like the Eiffel Tower, Empire State Building, the Golden Gate Bridge, even the statue of Christ the Redeemer...

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Mar 15, 2010

By Beth Ritchey, KF10, Mongolia

Mongolians are used to dealing with a cold winter – temperatures are typically in the -20s (F) with often brutal winds.  This winter however has taken on a deadly intensity.  Summer droughts have combined with early and heavy snowfall to create what in Mongolia is known as a dzud.  One of the harshest features of a dzud is the livestock’s inability to find or reach pasture under the snow, leading to mass starvation of the herds.  This winter’s dzud has seen temperatures close to -60F and the UN is reporting that 2.7 million livestock have...

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