Kiva Blog Update, 23 hours ago

What Do Microfinance And Adventure Travel Have In Common? OneSeed Expeditions

“When you can empower someone to do good through the basic human desire to explore, it’s a very exciting thing,” says two-time Kiva Fellow Chris Baker. Now founder of development-minded tourism company OneSeed Expeditions, Chris says his work is all about “exploring the world and investing in the people you meet” -- an idea that grew out of his experience as a Kiva Fellow.There’s no su ...

Kiva Blog Update, 5 days ago

Kiva Scholar: Mobile Banking

At Kiva, we value being in tune with the latest news and research about microfinance and poverty alleviation. This Kiva Scholar blog series is designed to share what we've learned with you! In this edition, we take a closer look at mobile banking's potential to change microfinance.In many microfinance markets around the world, it is becoming increasingly common for clients to have access to m ...

Kiva Blog Update, 5 days ago

Welcoming Strathmore University, Kiva’s First University Field Partner!

We are excited to announce Kiva’s first partnership with a university: Strathmore University in Nairobi, Kenya!Students at Strathmore University will be able to access a variety of loans, funded by you, through this new partnership with Kiva. The different loans available will help pay for students’ tuition throughout their 4 year degree, help them through a period of cash flow difficulties ...

Kiva Blog Update, 2 weeks ago

Welcoming MTZ, Kiva’s First Mobile Payments Field Partner

“A Cashless Africa.” This is a big statement. Yet, it is the simply stated dream of MTZ , Kiva’s first mobile payments Field Partner, located in Zambia. MTZ is a mobile money/transactions organization that allows individuals to send and receive money over their phones. This model relies on a distributed network of agents, known within MTZ as Champion Agent ...

Kiva Fellows Update, 2 days ago

Junk Food +1,300 Chefs + Edirne-Style Liver + Maya Food Entrepreneurs

By Kimberly Strathearn, KF 16 Although you will find many familiar fast food restaurants in Turkey, I have never understood why they are popular. Turkish food is just too darn good. When I first started living in Turkey in 1998, there was very little western fast food, very little packaged junk food, and very little prepared foods (i.e. bottled sauces, frozen vegetable, mixes and other packaged ...

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Loan Update

Mise à jour de François au Rwanda

Merci d'avoir supporté François avec votre prêt. François vient de faire son dernier remboursement et voudrait vous mettre à jour du progrès de son activité. Comme prévu, François a utilisé son crédit pour acheter des tôles, ciment et les portes pour la construction de sa maison. François dit que le crédit a aidé son activité beaucoup. Il a un nouveau domicile. Dans…

Posted by Alphonse Mugisha on February 8, 2012
Loan Update

Mise à jour de Emmanuel au Rwanda

Merci d'avoir supporté Emmanuel avec votre prêt. Emmanuel vient de faire son dernier remboursement et voudrait vous mettre à jour du progrès de son activité. Comme prévu, Emmanuel a utilisé son crédit pour acheter des tôles, les chaux, et les portes pour la construction de sa maison. Emmanuel dit que le crédit a aidé son activité beaucoup. Il a renouvelle son domicile. Dans…

Posted by Alphonse Mugisha on February 8, 2012
Loan Update

Mise à jour de Eugene au Rwanda

Merci d'avoir supporté Eugene avec votre prêt. Eugene vient de faire son dernier remboursement et voudrait vous mettre à jour du progrès de son activité. Comme prévu, Eugene a utilisé son crédit pour acheter des tôles, les chaux, et les portes pour la construction des maisons. Eugene dit que le crédit a aidé son activité beaucoup. Il a renouvelle son domicile. Avec le profit il…

Posted by Alphonse Mugisha on February 8, 2012
Loan Update

Mise à jour de Eugene au Rwanda

Merci d'avoir supporté Eugene avec votre prêt. Eugene vient de faire son dernier remboursement et voudrait vous mettre à jour du progrès de son activité. Comme prévu, Eugene a utilisé son crédit pour acheter des tôles, les chaux, et les portes pour la construction des maisons à louer. Eugene dit que le crédit a aidé son activité beaucoup. Il a renouvelle son domicile.…

Posted by Alphonse Mugisha on February 8, 2012
Loan Update

Mise à jour de Sylvestre au Rwanda

Merci d'avoir supporté Sylvestre avec votre prêt. Sylvestre vient de faire son dernier remboursement et voudrait vous mettre à jour du progrès de son activité. Comme prévu, Sylvestre a utilisé son crédit pour acheter des tôles, sables, et ciments pour la construction des maisons. Sylvestre dit que le crédit a aidé son activité beaucoup. Il a un nouveau domicile. Dans les…

Posted by Alphonse Mugisha on February 8, 2012
Loan Update

Norma Maria is taking out another loan on Kiva

We wanted to let you know that Norma Maria has another loan posted on Kiva! Many borrowers take out successive microfinance loans, meaning that after they have repaid one loan, they take out another loan to continue to grow their business. Some borrowers also take out simultaneous add-on loans along with their primary loan, and these loans are typically smaller and serve a different purpose than…

Posted by on February 8, 2012
Loan Update

Mohamad used the loan to purchase a new clothes

We recently followed up with Mohamad, a kiva borrower from Lebanon, he is a 52-year-old married man with two children. He has owned a clothing shop for the past 20 years. With his kiva loan of $1,000 he purchase a new clothes and fill his shop with new collections, Mohamad reported that the loan amount was suitable to his need, now he is willing to ask for a new kiva loan to and attract more…

Posted by Lena Safi on February 8, 2012
Loan Update

Ali used the loan to purchase an additional number of clothes

We recently followed up with Ali, a kiva borrower from Lebanon, he is a 20-year-old married man. He is newly married and trying to make a good income for his family which he supports with his business. He has owned a clothing shop since 2008, with his kiva loan of $1,200 he purchase an additional number of clothes, Ali is pleased with his decision of taking the loan that increased his income by…

Posted by Lena Safi on February 8, 2012
Loan Update

Samah used the loan to purchases additional clothes

We recently followed up with Samah, a kiva borrower from Lebanon, she has sold clothes and accessories from her house since 2006. She is 30 years old, married and has three children who still go to school. She cooperates with her husband in the household. With her kiva loan of $1,100 she purchases additional clothes and accessories, and attract more clients with her new collections, she is…

Posted by Lena Safi on February 8, 2012
Loan Update

Imane used the loan to purchases embroidery machine

We recently followed up with Imane, a kiva borrower from Lebanon, she is a 27-year-old single woman living with her parents. She has been working as a tailor for the past twelve years. She specializes in tailoring; sewing all type of textiles and wools, with her kiva loan of $1,000 she purchases embroidery machine and tailoring supplies, this step have increased her income by 15% and have further…

Posted by Lena Safi on February 8, 2012
Loan Update

Firas used the loan to purchase new tools

We recently followed up with Firas, a kiva borrower from Lebanon, he has owned a citrus fruit project since 2006. He opened this type of project after seeing a need for such services in the region, with his kiva loan $1,000 he purchase new tools to augment the cultivation, this step have doubled his production, in the future Firas is planning to take a new kiva loan to open his own shop where he…

Posted by Lena Safi on February 8, 2012
Loan Update

Firas used the loan to purchase more spare parts

We recently followed up with Firas, a kiva borrower from Lebanon, he has owned a spare-parts shop in his town since 2005. He is 26 years old, single, and has four brothers and sisters. Firas is a hardworking man and that's the reason why he has a great demand for his spare parts, with his kiva loan of $1,200 he purchase more spare parts, he was pleased with her decision of taking the loan and…

Posted by Lena Safi on February 8, 2012
Loan Update

Rimma had a successful season

Rimma thanks all Kiva lenders for their financial support! She used her loan to buy school clothes, just as she had planned. A wide assortment of goods at the right time (it was the time when parents usually purchase school uniform and other cloth for school season to their children) enabled Rimma to attract a lot of customers and to increase her sales. Rimma was very happy to gain additional…

Posted by Nadezhda Grinkevich on February 8, 2012
Loan Update

Ilseyar has increased the assortment of goods

Ilseyar used the loan money to purchase more office and school supplies as well as souvenirs. Being an experienced entrepreneur, she knows how important it is to have a large assortment of goods. And you need to work at it all the time. Sometimes it is hard to do with the own money, and in such cases loans are very helpful. Ilseyar works hard to keep her business going successfully, because…

Posted by Nadezhda Grinkevich on February 8, 2012
Loan Update

Irina managed to keep her business stable

Irina thanks everyone, who donated money for her loan. Due to these money she was able to keep her business stable during these fall and winter seasons. She says, that the trade is low, the wholesale prices, at which she purchases her merchandise, are growing all the time, and without those lending money she would not be able to keep her business at the same level. And, although, it helped her to…

Posted by Nadezhda Grinkevich on February 7, 2012
Loan Update

Update for Berto

Berto bought fertilizers and pesticides for his vegetable farming business. He was very thankful to KIVA lenders and ASKI for the loan entrusted to him to use in his business. He is doing his best for it to be more productive and earn more for his family.

Posted by Kristine Victoria on February 7, 2012
Loan Update

Update for Teresita

Teresita was thankful to KIVA lenders and ASKI for supporting her financial needs. The loan provided to her was utilized in purchasing feeds and vaccines for the growth of her hogs. She is hoping that with her hard work, she can make her business earn bigger income.

Posted by Kristine Victoria on February 7, 2012
Loan Update

Update for Tenizbek

Tenizbek and his family are very grateful to all Kiva lenders who supported them. Using the loan, he was able to purchase a horse and one bull-calf and increase revenue. Incomes from the loan helped Tenizbek to broaden his business by breeding bee-families. Tenizbek is full of energy and looks forward for his second Kiva loan.

Posted by Nazira Birnazarova on February 7, 2012
Loan Update

Update for Kimbat

Kimbat expresses her sincere gratitude to all Kiva lenders who helped and supported her by financing her loan. With the Kiva loan, she was able to restart her activities, rent a selling point and reach her last year level. It also allowed raising her shop's sales because she was able to purchase seasonable clothes for reselling. Kimbat is full of energy and look forward to continue her business…

Posted by Nazira Birnazarova on February 7, 2012
Loan Update

Update for Khaetullo

Khaetullo and his family are very grateful and thankful to KIVA for the loan program. Using the loan, he was able to broaden his business by purchasing two milk cows. Revenues were used for reconstruction of the barn to provide good conditions for cattle maintaining. Khaetullo wishes you and your families all the best!

Posted by Nazira Birnazarova on February 7, 2012