Jeremy Gordon

Fellows Blog Posts by Jeremy Gordon

Jul 28, 2010 KE Kenya

By Jeremy Gordon, KF11, Kenya

On July 26th, Erick Bii updated the 21 lenders that had supported his loan with the state of his business, the impact of his loan on his family, and his recent challenges. To read the full journal, click on the quote above.

To communicate with his lenders, Erick didn’t need to travel to the Juhudi branch office in Litein, or even sit down with a loan officer at his farm. Instead, he responded to a series of SMS questions sent to him via his mobile phone. Erick chose to...

Continue Reading >>


Jul 28, 2010 KE Kenya

By Jeremy Gordon, KF11 and Rachel Brooks, KF10, Kenya

“Esther Keino hopes Juhudi will consider giving loans without requiring solidarity groups in future as group lending is sometimes discouraging because not all members are reliable.”

“Peter is grateful Juhudi Kilimo is focusing on the rural poor who would otherwise have limited or no access to capital. He likes the funding for dairy cows as it is not just for financial purposes but also for social purposes, as it improves the health of families.”

Kiva entrepreneurs can often be a little uncomfortable...

Continue Reading >>


Jun 4, 2010 KE Kenya

By Jeremy Gordon, KF11, Kenya

“People like us can’t get a loan. You have to be a member of a group with an influential person in it—we don’t know anyone like that.” - Rama

The second day I passed him on my way to work, a man on a bright red and chrome boda boda (motorbike) befriended me. Rama is not a Kiva entrepreneur, and though he has been in this business for just over a year and a half, he rents his bike daily. He’ll spend the full retail price of a new motorbike every year in rental fees.

Before I left Mombasa, I asked Rama if I...

Continue Reading >>


May 19, 2010 KE Kenya

By Jeremy Gordon, KF11, Kenya

Yesterday marked big news for branchless banking in Kenya. Safaricom, the company behind the highly successful mobile-money platform M-Pesa, announced its launch of a new service called M-Kesho (kesho meaning tomorrow in Swahili) allowing anyone with a cell phone to begin earning interest on their savings and even to receive a loan.

One of the things that first drew me to opt for a placement here in Kenya was the exciting innovation happening through mobile applications, where Kenya is both a pilot and a hub—pushing limits, and...

Continue Reading >>


May 14, 2010 KE Kenya

By Jeremy Gordon, KF11, Kenya

Kiva’s success is exciting.  A door is now open allowing us to reach those living in places we can’t easily visit in person and to become personally involved in micro-finance.  Making my first loan on Kiva felt a bit like a rediscovery of the internet. International Skype conversations were impressive, but this was something novel—Kiva allowed me to lend my own resources to help achieve someone else’s goal, and I was hooked.

Because this sort of P2P lending is still new, we can’t yet know the full extent of its impact on the...

Continue Reading >>


May 11, 2010 KE Kenya

By Jeremy Gordon, KF11, Kenya

Over 500 borrowers and center chiefs gathered in Mombasa

Adet Kachi looked calm but a bit worried. “Not even 50% are here yet,” he said to me as we appraised the meeting hall’s interior. As CEO of Yehu Microfinance, a new Kiva field partner, Adet had reason to be a bit nervous — he and his staff had been working for weeks to prepare for today’s Annual General Meeting. Over 500 center chiefs (each the...

Continue Reading >>


LendingOnKiva