I’m a little late on posting my obligatory U.S. fellowship wrap-up, as I’m already a week into my second placement in Philippines.
Bahala na, now I have more perspective.
As we’ve noted several times before, U.S. microfinance tends to be a little different than microfinance in Kiva’s other countries. Most noticeably, the average U.S. loan on Kiva is many times larger than those from other countries. MFIs in the U.S. do not have to factor in currency exchange rates or runaway inflation (at least, not yet!). They are also less dependent upon Kiva’s...
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