I’d be lying if I said I’m a full believer in microfinance. Each time I hear a client say they’re taking out their fifth loan to restock their shelves, I wince and wonder why they aren’t yet able to sustain such a small business without such small loans. I want so much to hear that the loan will go toward some innovation, I want to hear that they’re seeking to do more with their business, I want to hear that they dream of financial independence and they plan to step out of their fetters. I want to believe this work will do more than alleviate poverty, but really transform it into comfort or wealth.
And now and then, I realize it’s not my dreams that they’re fulfilling.
This is Kiva’s face. When you look the photo in the eyes the borrower’s story smiles back at you. Financial data dangling on the side accents the overall visage: a tidy, friendly invitation to the lending community.
(Disclaimer: this post is for the planners and the detail lovers. An up-close look at the nuts and bolts of bringing Kiva borrowers to the world. Process geeks, by all means continue. Other concerned investors, let this shed light on the operational costs of your capital. Everyone else, I’d like to direct your attention for the inspiration of this post: the first ever Kiva borrower from Burundi! Please enjoy a video in celebration.)
Since arriving in Burundi two weeks ago I’ve struggled to find the best way to introduce this country to the Kiva world. What personality traits offer the best glimpse into the character of a place most people have never heard of? Can you really glean one’s character from a first impression? Let’s try. I hereby invite you to be completely judgmental.
