Posts tagged ‘youth’
Young Kenyans are harnessing their country’s growing tech prowess to go into business for themselves. For example, Jamila Abbas and Susan Oguya, created a mobile application called M-Farm. The application allows Kenyan farmers to access real time market information, buy farm inputs from manufacturers and find buyers for their produce, all through SMS. Lorna Rutto started EcoPost, a company that turns plastic waste into durable fencing posts, an environmentally friendly alternative to timber. At Strathmore University, Kenya’s leading institution for business and accounting, many students are interested in pursuing traditional career tracks like joining the ranks of major financial firms, but quite a few are just as eager to start their own enterprises like Jamila, Susan and Lorna. On a recent afternoon on campus, I sat down with Asha Mweru to discuss Chochote, an e-commerce platform that she launched with her classmates Ivy Wairimu and Victor Karanja. Chochote, which is the Swahili word for “anything,” started as a simple classroom assignment.
The team of 4th year Strathmore students sought to connect buyers and sellers on a platform based on excellent customer service, discounted prices and home delivery. Currently, it targets consumers between the ages of 18 and 48. Chochote’s tagline is “not just anything.” It’s transitioning from offering a wide range of products like electronics, cosmetics and clothing to a narrower, more particular supply of unique crafts, jewelry and fashion items, similar to Etsy. Ivy explained that, “Kenyans are very specific [about] what they are buying. So, we [investigated and] found out what the specifics are,” then decided to re-brand.
The project has received support from the IDEA Foundation and ilab Africa’s business incubation center at Strathmore. Currently, they get between 600 and 900 hits a day and hope to reach the likes of popular Kenyan e-commerce sites like Uzanunua and Online Shopping. Their foreseeable goals include increasing their suppliers, expanding to reach consumers across the region and establishing a Chochote mobile application. After all, Kenyans are just beginning to warm up to the idea of online shopping. “Since everything is going virtual, why should Kenya only shop at Amazon? Why shouldn’t we have our own thing here? Kenyans between the age of 18 and 48 have accepted that the internet is here, it’s here and sure to be used. They’re accepting it, so let’s grow with them,” said Asha.
Nonetheless, online shopping is a very new concept here. “Kenyans are still quite skeptical towards e-commerce and this is a challenge we’ve had to take head-on,” said Asha. Other challenges faced by the team include accessing seed capital, establishing relationships with reliable suppliers and remaining abreast of clients’ changing preferences. On a macro level, the team points to the current state of Kenyan primary and secondary education as a hurdle to overcome too. In conversations with Kenyans, I’ve personally heard that there’s more of an emphasis on memorization than critical thinking. According to Victor, “Someone once said that our education system is meant to produce employees not employers. Notable, however, is the number of Kenyan entrepreneurs that circumvent these challenges therefore making it easier for the rest of us.”
Despite these challenges, the Chochote team would not have it any other way. “Honestly, I’ve never liked the idea of being micro-managed, and solving a problem and actually seeing the solution being implemented gives me a thrill,” said Victor. The team explained that the most exciting part of entrepreneurship is the ability to create employment opportunities rather than compete for limited slots that are already there. Ivy’s dream is not only to see Chochote become profitable, but to ensure that it expands enough to generates jobs. “Through our work with Chochote, [we'd like to] build a successful e-commerce model that can be replicated within Kenya and Africa at large.”
Perhaps, the team’s experience will have them avoiding 9-5’s forever. They’re part of a new generation of Africans who are inspired by the likes of Muhamed Yunus, public intellectual Dambisa Moyo and the founder and CEO of Open Quest Media, June Arunga, among others. Both women were chosen by Forbes Magazine to be among the 20 Youngest and Most Powerful Women in Africa. In addition to the rise of visible role models that they can relate to on the global stage, their immediate environment is more conducive to innovation than ever. In Kenya, sky’s the limit.
Emmanuel M. von Arx | KF 16+17 | Mexico
Who would have thought that my second Kiva Fellowship would teach me just as much about microfinance as about the rearing of sheep? Seriously, ask me anything you want: How do you best hold a lamb? How do you wrestle with a grown-up mutton? How do you treat sheep for worms? Where and how often do you set them a vaccine? How do you determine a sheep’s age? Why does a sheep bite normally neither hurt nor bleed? For what reason does a sheep have four stomach compartments? And how do you compel a lamb’s reluctant mother to accept her kid after birth? I owe this knowledge to UNAM-educated veterinarian Linda Velázquez Rosas, who made a sheep-expert not just out of me, but also out of 200 amateur sheep-owners in and around the little town of San Felipe del Progreso, two hours west of Mexico City. This training was made possible by Vision Fund Mexico (also known as Fundación Realidad or FRAC), a Kiva field partner that excels both at financial and non-financial services (in a previous blog post I documented an artisan fair in Mexico City that was co-organized by FRAC).
Emmanuel M. von Arx | KF 16+17 | Mexico
Shortly after arriving at my first Mexican microfinance organization, FRAC (or Fundación Realidad, soon to be called Vision Fund Mexico), I had the joyful task of presenting in the name of Kiva two Social Performance Badges to its enthusiastic staff: one for Vision Fund Mexico’s strong and persistent focus on poor people, and one for the organization’s success in empowering families and communities. The description of the Family and Community Empowerment Badge on Kiva’s homepage immediately piqued my interest: it states that recipients of this badge “implement innovative business practices and offer services in addition to their financial products to meet the needs of the people they serve.” Innovative business practices and additional services beyond financial products? At FRAC? I began to ask members of FRAC’s staff and was soon pointed to some great examples of non-financial services that Vision Fund Mexico has provided in past months and year: they include support in product marketing and distribution given to beekeepers and artisan villages, over 380 free financial literary workshops for well over 4,000 borrowers, and free expert veterinarian training and medical services provided to hundreds of borrowers who are raising cows and sheep in their backyard. While I hope that some of these topics will be addressed by future guest blog posts of FRAC staff members (continuing the series that was started by Rosa’s gorgeous post on her recent field visit), I will report here on FRAC’s selfless contribution to Mexico’s largest artisan fair, the Expo FONAES. In many ways, this is just another example to David Gorgani’s great piece on the wide range of non-financial services that Kiva field partner organizations provide.
Emmanuel M. von Arx | KF 16+17 | Mexico
I have a confession to make: I love to browse Kiva borrower profiles – even occasionally without any actual intention to make a loan. I believe that reading the stories of borrowers from all over the world and knowing their dreams tells me more about a country and the mentality of its people than even the best of all travel guidebooks. And knowing some of the challenges they are facing in their lives and how they are surmounting them, being aware of the long hours they work every day and their dedication to their families – all this inspires me deeply and on a very personal level: if people can thrive under difficult circumstances thanks to incredibly hard work and a dream, then I should and will be able to do something meaningful and lasting with my own life as well! My Kiva lender profile reads: “I loan because… Kiva borrowers never cease to inspire me with their courage, talent, and dedication!”
That strong sense of inspiration that speaks to me out of every Kiva borrower’s history has been multiplied during my time in the field as a Kiva Fellow in the course of many personal meetings with borrowers. I have met literally dozens of borrowers who have left an indelible mark in my heart and mind. But recently I have met a borrower who is so extraordinary and unusual that even I – one of the more seasoned Kiva Fellows – was blown away. Her name is Ma de los Angeles and this blog entry tells the story of her work and her success.
Emmanuel M. von Arx | KF 16+17 | Mexico
Kiva is all about stories – what draws us all in and inspires us to lend are the stories of courageous micro-entrepreneurs that speak of hard-ship and success, challenges and dreams, love and dedication. But Kiva is not just about borrowers and their stories. It is also about the people behind the scene on the ground – the staff of the close to 150 field partners of Kiva – who screen loan applicants, grant, administrate, and look after Kiva loans, and make sure that Kiva borrowers are treated respectfully and fairly. Their stories are almost never told. Yet, the local staff of Kiva´s Field Partners are those people who make the magic happen – they are the ones who make Kiva possible. If Kiva Fellows are called the “eyes and ears in the field”, I propose local MFI staff be called “the brain and heart of Kiva.” MFI staff has insights on the conditions on the ground, the local mentalities, and the practical aspects of microfinance that can rival (and – I have no doubt – normally exceed) those of Kiva staff and Fellows. Yet, their perspective is seldom heard and their stories are rarely told.
Just how much local field partner staff have to tell and to share with the world I learned during the brief three week period during which I had the pleasure to be the Kiva Fellow for FRAC or Fundación Realidad (soon to be known as Vision Fund Mexico) in Mexico City. FRAC, has over 200 employees – they encompass 200 breathtaking stories and lives from all over Mexico, coming together in FRAC’s vision of wanting to provide financial and non-financial services to those families who do not have access to formal banking services in order to improve their quality of life.
During my work in FRAC’s Mexico City Headquarter, the MFI’s staff turned out to be an endless source of inspiration for me. There was not one person I talked to whose story and motives wouldn’t be worth sharing. Within a few brief hours I felt not just surrounded by close friends, but soul-mates – I discovered that everybody around me was at least as passionate and enthusiastic about FRAC’s and Kiva’s work and the impact of micro-finance as I am.
As soon as I told FRAC’s staff about the Kiva Fellows Blog, I was bombarded with requests of staff members to publish their thoughts and their experiences on it. Many have a particular pet project they feel most passionate about; others have made an experience on the job they are keen to share. Thus grew the idea of creating a little guest blog within the Kiva Fellow Blog. I offered to all staff to publish their thoughts and words on the Fellows’ blog as a way to make readers aware that Kiva doesn’t just connect lenders with borrowers, but that it connects lenders with local staff with borrowers with friends with staff with borrowers with lenders with… stop! Let’s just say: Kiva connects people through lending!
Rosa Gonzalez is the first staff member of FRAC who agreed to share her experience. She was hired by FRAC as their English-Spanish translator a few days after I joined the organization as a Kiva Fellow. Rosa translates both borrower profiles and journals for FRAC borrowers before they are being published or sent to lenders. But let me introduce Rosa in her own words – you will immediately see that they are pure poetry.
By Emmanuel M. von Arx, KF16, Guayaquil (Ecuador)
My host and Kiva´s partner organization Banco D-MIRO provides over ten different types of microloans to borrowers in and around Guayaquil: among them loans to finance housing improvements, school expenses, medication, and loans awarded specifically to employees, young clients with a business idea but no experience, and – as Ecuador´s only microfinance institution – discount loans for HIV-positive micro-entrepreneurs. Yet, one borrower group beats all other borrowers in their dedication and commitment to paying back their loans on time: the well over 400 disabled borrowers of Banco D-MIRO, whose payment discipline has turned “their” loan – “Producto Creer” (“Product Believe”) – into the most successful and inspirational product of D-MIRO´s extensive spectrum. The delinquency rate of Producto Creer is by far lower than that of any other major micro-loan type of Banco D-MIRO, which means that borrowers of Producto Creer are better at paying back their monthly rates than any other client group! In these times of economic and social turmoil, Banco D-MIRO´s Producto Creer may be a much needed reminder that it may pay off for banks to do the morally right thing.
By Emmanuel M. von Arx, KF 16, Guayaquil (Ecuador)
Video posts on a “typical day” in the life of a Kiva Fellow are a time-honored tradition on the Fellows Blog. Without any more words, here is my contribution to the video series of documenting a typical day in the life of a Kiva fellow. Like all previous contributors to the series, I am keenly aware that there is no “typical day” for Kiva Fellows. But taken together, the growing number of “typical day”-videos may at least convey something of the diversity, unpredictability, spontaneity, and joy that a typical untypical day of a Kiva Fellowship entails. Enjoy!