At Kiva, we value being in tuned to the news, research, and latest findings in Microfinance, so we are making an effort to bring you more of the latest in Microfinance!
This post we cover: microfinance impact on poverty, industry initiatives for responsible microfinance, client protection principles, microfinance and coffee in East Africa, energy projects in West Africa, inclusion for people with disabilities, good news from East Asia, and mobile technology affecting health outcomes.
Kiva, along with the industry, is often asked to justify whether microfinance truly does alleviate poverty. Our friends at the Financial Access Initiative have an interesting take on a new academic paper.
Kiva may be a relatively young player in microfinance, but we are promoting best practices at our Field Partners. Learn about three industry initiatives which Kiva has been promoting to propagate responsible microfinance worldwide.
Kiva's Field Partner ASKI has been recognized for its excellence in one of the Do-No-Harm principles of client protection. Read about ASKI's innovative approach to ethical staff behavior.
Kiva is about stories. Sometimes, bringing the complicated mechanisms of microfinance down to specific stories--women producing coffee in East Africa--can make the concepts more accessible. Here's a deep dive in a very specific sector and region.
Featured in this report are both Kiva Countries (Benin, Gambia, Ghana, Liberia, Mali, Sierra Leone and Togo) and Field Partners (Bangladesh Rural Advancement Committee; Lift Above Poverty Organization; Local Enterprise Assistance Program; and Salone Microfinance Trust).
Kiva believes in access for all. Kiva aims to promote financial inclusion of vulnerable and especially marginalized populations. Learn about the challenges for providing financial services to people with disabilties. Kiva will be watching this initiative closely. Our Kiva Lending Team, KivaFriends - Disabled Persons, has already been seeking these kinds of loans on Kiva.
With all the concerning news about microfinance, it is good to remember that microfinance continues to grow and prosper despite challenges. Kiva has a strong presence in East Asia.
As Kiva looks to diversify into new products, we may consider initiatives that directly impact health outcomes.