Swords to Plowshares: Is Micro-finance the proper tool for post-conflict zones?
"To the western eye, this oversized hybrid shovel/axe may seem peculiar, but in the context of subsistence agriculture in the Highlands of Guatemala, the “azadon” or farming hoe is exactly the proper tool. Is micro-finance the proper tool to cultivate social and financial capital a post-conflict context?"
The fol ...
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We’re excited to announce our new partnership with Kopernik in Indonesia!
When we talk about the best ways to alleviate poverty in developing countries, we often bring up issues around education, clean energy, healthcare, savings and more. But poverty can also be tackled by establishing large-scale distribution networks to connect technology suppliers with users in remote areas. This is exactl ...
This spring, the Global Polio Eradication Initiative announced its goal to eradicate polio by 2018. National governments and global foundations immediately pledged millions of dollars to fund the program’s community health initiatives in the few countries (Nigeria, Pakistan, India) where endemic polio remains. Initially, the disease was supposed to have been eradicated by 1990, but despite a ...
A borrower in Iraq. We obscure the identities of many of our borrowers in conflict zones for their protection.
Few people question the morality of micro-lending. But when it comes to making loans to borrowers in conflict zones, my first question is, "Is it moral?" More on this later. First, I think it's important for people to understand the realities of conflict zones.
What i ...
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Swords to Plowshares: Is Micro-finance the proper tool for post-conflict zones?
"To the western eye, this oversized hybrid shovel/axe may seem peculiar, but in the context of subsistence agriculture in the Highlands of Guatemala, the “azadon” or farming hoe is exactly the proper tool. Is micro-finance the proper tool to cultivate social and financial capital a post-conflict context?"
The…
There are many qualities of life that are universal, and one of those is the love of a father. Many Kiva borrowers take their loans not to earn money that directly benefits them, but that will directly benefit their children. They are infinitely proud of their little ones and take the greatest pleasure in seeing them suceed. Profits (and some loans) often are spent on more nutritious food or to…
A borrower in Iraq. We obscure the identities of many of our borrowers in conflict zones for their protection.
Few people question the morality of micro-lending. But when it comes to making loans to borrowers in conflict zones, my first question is, "Is it moral?" More on this later. First, I think it's important for people to understand the realities of conflict zones.
What is…
A Kiva borrower in Talca, Chile
These days, Silicon Valley culture can be found many miles south of northern California. The fever around innovative startups has crossed the border, spreading to nearly every country in the Americas.
From Rio de Janeiro to Bogota, Latin American cities are trying to generate that startup environment that’s proven so effective at reinvigorating the business…
by Rose Larsen | KF20 | Dominican Republic
The Dominican Republic may be a small island nation in the Caribbean, but it has a quickly growing economy based on a shift from exports of sugar, coffee and tobacco to services like telecommunications and tourism.
However, according to a study done by the OECD in 2012, this economic growth has been limited by deficits in human capital – more…
Kiva Fellow and author Leo Della-Moretta in his former life.
As a combat veteran, volunteering for Kiva in Ecuador is a dramatic shift from my previous professional experience. The driving factor for me to volunteer is the desire to help build something. All soldiers work and fight to protect their nations, their families, and their friends, but the reality is that we often do so by…
Kisumu Innovation Center Kenya (KICK) Trading’s mission is to revive community livelihood by connecting the Kenyan artisans to markets all over the world.
http://www.kicktrading.org/
We had the pleasure of visiting KICK a few weeks ago and getting a glimpse into this innovative organization using recycled materials around Lake Victoria to change the lives of local artisans.…
Michael Nyangi is a brand new trustee with Kiva Zip through his organization Lomoro Microfinance. I had the pleasure of meeting Michael this past week and can say he is one of the most inspiring and impressive individuals I have ever met. His story is one of true leadership by example...
At the age of 21 Michael was walking through Kibera when he noticed two single, destitute women…
As a Kiva Fellow, I have spent the last four months working with partner organizations in Kampala, Uganda. One of these partners is BRAC where we are developing and launching a new loan product for Kiva’s platform. BRAC Uganda currently offers two types of loans with funding from Kiva for its clients: traditional individual microfinance and the Empowerment and Livelihoods for Adolescents…
A job that lets you travel across Mongolia… AND play table tennis while you wait at the airport?!
Here in Mongolia, my top priority with XacBank has been to complete borrower verifications (BVs)—visits to 10 randomly selected Kiva clients to ensure that everything in the field checks out with the information reported to Kiva’s San Francisco headquarters. As it happened, the borrowers…
a massive silver statue of Chinggis Khan looms 40m high on a snowy spring morning at Tsonjin Boldog, east of UB
Spring may have arrived in Mongolia, but for two Kiva staff who visited me in April, winter gave one last hurrah and dumped the largest snowfall I’ve seen since being here (a whopping 2 inches!).
If you’ve had a chance to read some of my past blog posts, you’ll already know that winter…
Kiva works with over 193 Field Partners in 68 different countries. As Kiva Fellows, we have the privilege of working directly with these partners in their offices. You can bet that the definition of "office" ranges pretty wildly across the globe, from cubicle hell to patios with mountain views. We wanted to open the door (no pun intended) to our offices and work lives to show you what they…
One day in Imphal, I found myself engaged in a lengthy discussion with one of my field partner's Cluster Heads. He was trying to explain to me his dedication to the organization, and why it has persisted as long as it has. He was eloquently describing to me the evidence he has gathered as proof that microfinance works.
Now, I thought I knew that microfinance works. After all, I had done…
Have you ever wondered who writes Kiva loan descriptions? Who takes the pictures and videos you see on the website? Who is responsible for connecting you--the lender--to borrowers?
At Zoona in Zambia, that person is Memory, Kiva Coordinator extraordinaire.
Each of Kiva’s 193 field partners has a Kiva Coordinator, a designated person that manages Kiva loans. The role of Kiva Coordinator…
My first mind blowing experience in Kosovo happened almost immediately when my feet touched the ground getting out of the bus in Kosovo - what an introduction to a country!
Having emerged from the shadow of a war that divided ethnic communities in the Balkans just over a decade ago, Kosovo considers itself to be the baby of Europe – having declared independence as recently as 2008.…
Riding a motorcycle in a developing country is, well, eventful to say the least. The term “road hazard” takes on a whole new meaning. Horse drawn carts, herds of cattle, stray chickens – the possibilities are endless. The first time I had the pleasure of experiencing a motorcycle ride in Nicaragua was the day I met Claudia.
Trying to look tough...not sure I pull it off in my preppy Kiva…
For the past few months Kiva Zip has been constantly innovating and experimenting using mobile technology. One experiment that deserves to be highlighted is that of our pilot with a service called Kopo Kopo. Kopo Kopo is a world-class platform which enables small and medium businesses to accept mobile payments and build relationships with their customers. They receive a six-digit till number…
“I just want to be a successful business woman,” Sandra says when asked what she hopes to achieve in the next 2-3 years.
She already is. In fact, she is the most successful agent working with Zoona--a mobile money/transactions company that allows individuals to send and receive money over their phones using the conversion of cash into electronic value, and electronic value back into cash.…
Mrs. Pham Kieu Oanh is the founder and CEO of the Centre for Social Initiatives Promotion (CSIP), a non-governmental and non-profit organization working to nurture social enterprises (SEs) in Vietnam to maximize their chances for success. CSIP is a critical partner providing intensive, early stage support to a select number of social entrepreneurs in the form of financial assistance,…
Kerosene is the primary source of light for over a billion people on the planet. Its fumes can cause health problems for those that use it frequently (sometimes children, studying after dark), and the long-run costs can reach a quarter of a family’s income. To top things off, kerosene’s black carbon byproduct is a far greater threat to climate change than carbon dioxide (see article). Despite…