Fellows Blog Posts by espinoza8

Apr 19, 2010 CM Cameroon

By Dennis A. Espinoza, KF10, El Salvador When I first heard about microfinance I saw it as a great way to make reliable returns. The emphasis on the social returns was great and the possibility of financial returns was even better! I’m in!

Turns out it isn’t that simple.

A recent New York Times article as well as other news like a recent initial public offering have stirred an old debate. Essentially that limited borrower options, comparatively high interest rates, low default rates and an estimated total asset base of over $20 billion may be fertile...

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Mar 8, 2010 CM Cameroon

By Dennis A. Espinoza, KF10, El Salvador

Imagine you are a mother or a father to both a son and a daughter. If you only had enough money to send one of your two children to school, which one would you send?

This question was asked to potential microfinance borrowers at a training session led by GHAPE, a microfinance institution (MFI) and Kiva Field Partner based in Bamenda, Cameroon.

The most common answer among the group of 30+ prospective borrowers was my son but I also heard my daughter, the oldest, none and a few others.

The “right” answer was the...

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Nov 19, 2009 CM Cameroon

Saahkem Dorothy Muyang. 1954 - 2009.

By Dennis A. Espinoza, KF9, Grounded and Holistic Approach for People’s Empowerment (GHAPE) in Bamenda, Cameroon I was working at my desk when Kenneth, my roommate and GHAPE loan officer, answered his phone and heard that ten year GHAPE member and Kiva borrower, Saahkem Dorothy Muyang, had passed away after a bout with diabetes.

Just glancing at Dorothy’s picture and noticing her beaming smile gives...

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Nov 1, 2009 CM Cameroon

By Dennis A. Espinoza, KF9 Cameroon

Saludos Kiva Community –

My name is Dennis Espinoza and in a few hours I will be leaving for Africa to serve with GHAPE, a longstanding Kiva partner based in Cameroon.

Before I kickoff the 25 hour trip from Chicago, USA to Bamenda, Cameroon, a personal note about the reason I’m on this journey and what I selfishly hope to get from it….you know, beyond just a great way to meet great likeminded people, i.e. cute ladies (which it is for those of you who are considering applying to the program!).

While she lived...

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