Posts tagged ‘recycling’
Compiled by Alexis Ditkowsky
Kiva Fellows observed Earth Day by sharing projects initiated by their partner microfinance institutions and host countries and by celebrating Kiva.org’s first batch of “Green Loans”. The upbeat mood also extended to anniversary parties at MFIs in Jordan and Armenia, enthusiastic endorsements to travel to Colombia, and reporting on a great opportunity for Kiva clients in Mongolia. Fellows also visited with borrowers in the Philippines, South Africa, and Armenia, and took us on a typical commute in Mexico City. All in all, a very busy week as members of KF14 wind down their time in the field.
Women at Fundacion Mujer are talking trash. How much they have, where to find more, and what they are going to do with it. Keep reading to discover how trash relates to this microfinance institution, and why the Fundación, like many of Kiva’s field partners, offers services beyond financial empowerment.
From Casey Unrein, KF12
One of the major issues that is holding Edpyme Alternativa back in providing their Capital Semilla product to a larger number of clients and making the interest rate even more affordable*, is the work involved in meeting Kiva’s requirements. Like it or not, posting profiles, repayments and journals is a time consuming and expensive activity. This is especially true when you are an institution like Edpyme Alternativa which has thirteen agencies spread across a broad section of northern Peru and over sixty different credit officers disbursing loans.
Recently, I visited one of EA’s agencies which has struggled to provide borrower profile data and journal data within the period allowed by Kiva. I spent the day visiting six borrowers that had received the Capital Semilla product. Of the six, only two were funded on Kiva. Here are is an update on one of those that didn’t make it onto the website. It is a story of a borrower that is bettering her life with the help of microfinance, and indirectly with the help of Kiva.