szkiva

Fellows Blog Posts by szkiva

Oct 28, 2009 PE Peru

By Shereef Zaki, KF9, Perú

Cultural issues surrounding privacy can be one of Kiva’s biggest challenges regarding implementation in the field. Not everyone wants their photo publicized and many hold suspicions when it comes time to sign a waiver. But I think the biggest challenge for Kiva is far more prosaic. The act of getting to a borrower can be an ordeal in and of itself, and things just got more ‘adventurous’ at my MFI.

EDPYME Alternativa has created a new loan product – called Capital Semilla or Seed Capital – destined specifically for clients who will become...

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Oct 15, 2009 PE Peru

By Shereef Zaki, KF9, Perú

One of my first posts was titled ‘recession proof’’ in which I described the resilience of micro-businesses and the integrity of micro-lending. This time around, I want to detail a theme I had only painted with large brushstrokes.

Although EDPYME Alternativa’s borrowers are scattered throughout the region, I live in Chiclayo and it has become the backdrop and the context of my life. To me, one of the most fascinating parts of this small city is the dearth of big box stores. In their absence exists a constant buzz of small-scale commerce....

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Oct 9, 2009 PE Peru

By Shereef Zaki, KF9, Perú

‘Connecting people through lending,’ precedes ‘alleviating poverty,’ in Kiva’s mission statement. I have come to believe that the goal might actually be of a higher as opposed to a simple aesthetic preference. I mean, maybe we could eradicate poverty individually, but with the concerted effort of a community it can be done more effectively. In a community one can share ideas, efforts, problems, solutions and risks.

And last week that is exactly what Kiva’s partner institutions in Latin...

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Sep 17, 2009 PE Peru

By Shereef Zaki, KF9, Perú

What do you want to be when you grow up? What are your hopes? What are your dreams?

Throughout my childhood, these questions constantly attached themselves to the most prosaic daily interactions. In a sense I, and most of my peers, were conditioned to be ambitious dreamers, convinced of the limitless possibilities our futures held (and still hold).

When speaking with borrowers one of our unstated goals as Kiva Fellows is to uncover their latent sense of possibility and excitement at the prospect of...

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Sep 9, 2009 PE Peru

By Shereef Zaki, KF9, Perú

On August 22nd the New York Times published the article On to Plan B: Starting a Business describing the unexpected spike of new entrepreneurs emerging from the wreckage of the crisis. They quote the Kauffman foundation and bring the term ‘necessity entrepreneurship’ into the mainstream. And in so doing they articulate one of the misperceptions that surrounds the incentives behind starting a business.

Sometimes I really get the feeling that the talking heads, professors, text-books and pols...

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Aug 28, 2009 PE Peru

By Shereef Zaki, KF9, Perú

As my first week working with EDPYME Alternativa, one of Kiva’s newest partners, draws to a close I can think of only one phrase to describe the world of micro-finance: recession-proof. Having just come out of the economic and political turmoil caused by the so-called, “Great Recession,” in the US, the vitality and celerity of micro-businesses is cast into even greater relief.

I want to begin by introducing you, the Kiva community, to EDPYME Alternativa. Born of an effort in the Peruvian Chamber of Commerce, EDPYME Alternativa is a...

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