Posts filed under ‘Ecuador’
The most often quoted fact by Kiva members and enthusiasts is its borrowers’ remarkably high repayment rate of 98.91%. How does Kiva manage to get this vast majority of people, located in all corners of the world, to be this good at repaying back their loans? Is it magic? No, no… The reality is simultaneously simpler, and more complicated than that. It’s a chain really: Kiva relies on its Field Partners to get the job done, and these field partners, in turn, come to rely on their teams of loan officers to interview the clients and to educate them properly on why paying back on time is a must.
I wanted to take some time and recognize one of these keen and valuable loan officers: Ecuador-based FODEMI’s Freddy Andrade.
Compiled by Kate Bennett, KF16 Peru
The sixteenth class of Kiva Fellows has all but left the field- but we’re by no means done talking about our experiences. We’ve collectively spent 422 weeks in the field (just over 8 years!) and worked an estimated 16,650 hours at Kiva field partners around the world. Needless to say, we’ve got a lot of opinions about how to use this time wisely.
Now, we’re no experts in living or working abroad (though we sure do like it), but we have some nuggets of wisdom to offer up for those of you transitioning into a life abroad or beginning your next Kiva Fellowship. Stick by these tips, and you can’t go wrong. (And for more hints and tips, check out 33 Tips from Kiva Fellows (written November 2009) or 45 More Tips from Kiva Fellows in South America.) Enjoy!
By Marcus Berkowitz, KF16, Ecuador
Institutional birthdays in the US can be fairly stuffy affairs. Seating is often arranged to maximize contact with those in the institution with whom one has never spoken (perhaps for good reason, argue some guests) and they tend to be remembered more for inappropriate comments inserted into otherwise boring speeches rather than for the celebrations that they hope to be but rarely are.
Not so at the Cooperativa San Jose de Chimbo (CSJ). Instead of standing around awkwardly, everyone secretly wishing they were somewhere else, the 47th birthday of CSJ (conveniently combined with the office Xmas party) was a chaotic and energetic no-holds-barred inter-office Karaoke war. This post includes video evidence…