Stories tagged with Africa
I’m currently working with the partner Micro Start, a microfinance institution based in Ouagadougou, Burkina Faso. They are one of the few in West Africa offering a loan product to college students. Since 2012, they have been piloting this product with a graduate school of public works based in Ouagadougou. So how does this work? The school identifies high-achieving, responsible... Continue Reading >>
What has made Kiva’s platform so compelling and successful is the power... Continue Reading >>
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 varies between partners, and is sometimes shared between multiple people.
“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. Zoona relies on a distrubuted network of agents, like Sandra, who operate businesses that provide the cash in/out capability....
The website of a foreign-owned diamond mining company in Sierra Leone states, "Our Diamonds Doing Good: Follow our progress as we demonstrate that responsible and sustainable diamond mining can - and will - elevate and empower the people, the economy, and the country of Sierra Leone."
During my second week in Sierra Leone as a Kiva Fellow, I visited Kono district where this company - among others - bases its operations, and if this trip has taught me anything, it is that there is little evidence that diamond mining has brought any...
On March 4th, 2013 over 12.3 million Kenyans headed to the polls to elect their next parliamentarians, senators, governors and their fourth president since independence 50 years ago. In the weeks prior to the big day, Kenyans urged one another to become registered voters, consequently breaking all of its election records to date. Over 14.3 million people registered to vote, 86.1% of which turned out on election day. Many voters woke up before dawn, queuing as early as 1:00 am, and waited more than 10 hours to cast their ballots.... Continue Reading >>
Although there is a growing middle class in Africa, the lack of basic services, adequate infrastructure and access to banking are still pervasive. Rather than completely stifling growth, these deficiencies have become fertile ground for innovators whipping up solutions and products customized for the continent. In Africa, developmental challenges can be synonymous with opportunity. “We thank God for giving us many problems so that we can find solutions,” joked Kenyan Information and Communication secretary Bitange Ndemo to the Daily Nation at an IBM forum in February...Continue Reading >>
There is no shortage of articles documenting Africa’s position on the cusp of global development, with Kenya as a particular harbinger of those expectations. The Economist has reneged on writing off Africa as a “Hopeless Continent” several times since it featured the headline a decade ago. In 2011 it published “Africa Rising,” in which it identified 6 of the fastest growing countries in the world as African, with GDP growth surpassing East Asia. Last August, it...Continue Reading >>
By Kiva Fellows | KF19 | All Over the World
A Happy Holidays to the Kiva family everywhere! May your celebrations be filled with foods and flavor, smiling faces, natural beauty, light and memories… here are some gifts from around the world courtesy of the Kiva Fellows 19th class:On the Twelve Days of Christmas my Kiva Fellow gave to me…
Day 1: A Turtle Heading Out to...Continue Reading >>