zevlowe

Fellows Blog Posts by zevlowe

Nov 11, 2009 ID Indonesia

by Zev Lowe, KF8 Indonesia

There’s been a bit of an ongoing debate about whether or not Kiva is what it seems. *cue ominous music* First, a post by David Roodman, followed by a response from Kiva co-founder Matt Flannery. More recently, Stephanie Strom wrote an article in the New York Times, to which Matt Flannery has also penned a response.

All my friends have been asking me what I think about this. My inbox is bursting with emails, my Twitter feed is … well, atwitter. Meanwhile, I never knew when I signed up to represent Kiva for 10 weeks in Indonesia...

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Aug 2, 2009 ID Indonesia

by Zev Lowe, KF8 Indonesia

Over the course of my Kiva fellowship with DINARI Foundation – Bali, I have had the chance to meet clients who engage in various kinds of business activities. I’ve met small shopkeepers who shrug matter-of-factly when they tell me that their main source of revenues come from cigarettes, I’ve met pig farmers who have been able to rattle off stud fees, gestation periods and prices per kilogramme over the last few months, and I’ve met incredibly hardworking people who sort through trash in order to collect recyclables, who are...

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Jul 21, 2009 ID Indonesia

by Zev Lowe, KF 8 Indonesia

Last Friday, suicide bombers attacked two major hotels in Jakarta — the Ritz Carlton and the Marriott. The group probably responsible for the two Bali bombings – the first in 2002 and the second in 2005 – is suspected to have carried out this recent attack in Jakarta. Bali is about 600 miles and several bodies of water away from Jakarta, so we didn’t feel the physical impact of the blasts. But the terrorist attacks in Jakarta brought back painful memories here in Bali.

The first time the Bali bombings came up in...

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Jun 3, 2009 ID Indonesia

By Zev Lowe, KF8 Indonesia

Watch as Jemy, the Kiva Coordinator at my host MFI, Dinari Foundation Bali, takes me on a nail-biting, jaw-dropping white knuckled ride home. This video is just one minute long, but the actual journey took half an hour.

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Zev Lowe started work at DINARI Foundation today. He recently completed his MBA at ESADE Business School in Barcelona, Spain. Zev loves finance, technology, Aikido and...

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Jun 1, 2009 ID Indonesia

By Zev Lowe, KF 8 Indonesia

The US dollar has recently risen significantly against many currencies. When I arrived in Bali to begin my Kiva Fellowship with DINARI Foundation, I received 10,295 Indonesian Rupiah (IDR) for each of my US dollars. This is 10% higher than a year ago, when the US dollar was worth 9,350 IDR.

How does this fluctuation in exchange rates affect Kiva lenders, partners, and borrowers? Does this mean that an Indonesian farmer or food vendor is left having to bear the burden of the strengthening dollar?

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