By Nick Hamilton, KF14
I have just come to the end of a 3-month Kiva Fellowship with Interactuar, Kiva’s Field Partner in the state of Antioquia, Colombia. I was blown away by this organisation. ‘The Google of Microfinance Institutions,’ I kept thinking to myself.
Before coming to Colombia I had a firm belief that microloans alone weren’t enough, and that support services such as training and consultancy were key to a micro-entrepreneur’s success. My view has changed somewhat – I now think that microloans on their own can be enough if administered in the right environment and with suitable due diligence – but Interactuar has backed up my belief in the power of such support services. The results I’ve witnessed have been astounding.
I won’t talk about Interactuar too much here as I discuss them in detail in a 3-part blog I’ll be publishing next week on ‘The Pros and Cons of Microfinance – A View From The Field’. I also want to let this (2-part) video do the talking.
Nick has now come to the end of his 2nd Kiva Fellowship and his enjoying his last few days in Colombia
Want to see what Kiva Fellows get up to on a daily basis? Watch this video.