Posts filed under 'Cambodia'
Tarantula, Dog, or Duck Fetus, srey Teresa (sister Teresa in Cambodian)?
Being a Kiva Fellow in Southeast Asia you meet many small business owners. Some of these business owners sell what I like to call “culinary adventures”. So as not to offend people, you get a chance to try many of the dishes. Over the course of my seven months, I’ve discovered after a while to stop asking what it is, and just try it. Some have left their impressions on me though, and I thought I’d share them with you.
Let’s see, in Cambodia you have fried tarantula and various bugs such as beetle, cricket, and bee larva. The most delicious and famous ones come from the Kampong Cham region, northeast of Phnom Penh. You can get them on the side of the road as you motorbike by, or at any local street market.
"love, love, love me some good tarantula!"
You also have dog. This dish was bought for me by Rong, a Cambodian friend. He told me, “You have to try it since you don’t have it in the US, and after you try it, you must text me what you think.” I was told that dog is a meat that makes you warm. It is eaten mainly by men and coupled with beer. The best dog restaurant in Phnom Penh is just east of the Boung Keng Kong Market.
And I did have a beer or two with it. It just went down better with a beer. My stomach is still upset just thinking about it.
You also have boiled duck fetus eggs called “pong tea koun”. Fortunately, I only had one opportunity to eat it, and my Cambodian friends at CREDIT-MFI let me slide on that one as I watched them chow-down. As they pulled the fetus from its shell, I could see the partially formed baby duck complete with head, neck, beak, and wings. It was explained to me that you can buy “pong tea koun” at different fetus stages, a few days old to 2-weeks old. It all depends on your taste. It was the nastiest looking thing I had ever seen someone eat. It is said that they give you strength and energy.
Now, Khmer and Filipino cuisines do not have much in common, but they do seem to share the same love for boiled duck fetus eggs. In Tagalog, it is called “balut”, and unfortunately, this time my Filipino friends at ASKI-MFI would not take, “No” for an answer.
Now, if you eat “balut” like a lady, you don’t pull the embryo out of the shell, you eat it bit by bit with a little spoon so you don’t have to actually see what you are eating. Lucky for me, the ladies at ASKI-MFI eat “balut” like men which is what they required of me. To eat “balut” like a man, you pull the entire fetus out of its shell in order to see the almost formed fetus duck body . It usually takes about 2-3 bites to completely eat.
Balut, see the fetus duck head on the right?
Needless to say my “culinary adventures” continue. I will be in Cabanatuan City, Philippines with ASKI-MFI for the next three months bringing you Kiva client stories and blogs. Hope you enjoy them, I am off to lunch now.
Hmmmmm, should I have goat or more balut?
4 comments 15 March 2009
Un Puñado de Dólares/Une Poignée de Dollars
Cette vidéo retrace le chemin d’un crédit de 25 dollars depuis Londres en Angleterre jusqu’au village de Preak Tomao au Cambodge. Kiva.org est un site web qui permet aux internautes de prêter de l’argent aux plus démunis dans les pays en voie de développement et grâce à ce prêt de se sortir eux même de la pauvreté.
Este video sigue el camino de un préstamo de $25, que va desde Londres hasta el pueblo de Preak Tamao en Camboya. Kiva.org es una página de Internet que permite a usuarios como tú y yo prestar dinero a gente necesitada en países en desarrollo, con el fin de ayudarlos a salir de la pobreza.
Continue Reading 4 comments 5 March 2009
A video – My first day in the field
On Monday I was able to meet with a few Kiva borrowers for the first time. I thought I had a good appreciation of both the huge physical barriers that Kiva is able to overcome and the strength that so many of the borrowers possess. I was wrong on both counts. Just going out and visiting 5 clients took all day and the individuals I was able to visit with were more inspiring than I ever could have imagined. I put together a short video in hopes to share some of that experience.
9 comments 4 March 2009
Kiva Fellows: News from Cambodia
Kiva Happy Hour in Phnom Penh
I once heard that Kentucky Fried Chicken conducted a market survey on their brand and found that the words “Kentucky”, “Fried”, and “Chicken” each had negative psychological associations. Hence the change to the more deliciously ambiguous “KFC”.
If this is true, then “Kiva Happy Hour” must surely invoke feelings of warmth and joyous goodwill in most people. Take one fuzzy “innovative-slash-fantastic” organisation, add cheap drinks and nice people, and, as we say in England, Bob’s your uncle… good times.
This is precisely what happened in the Foreign Correspondents Club in Phnom Penh on Thursday in the third week of February. Thanks to everyone who came and to Sanjaya Bagopunyasena for doing most of the organising.
A Fine Fellow
Teresa Dunbar (KF5), right, sells Kiva like a pro. Kiva borrower photos show in back.
All profits from the sale of Kiva shirts are being lent on Kiva to borrowers in Cambodia
Hollie the designer with Katie Davis, KF7
Kiva Fellows new and old (I mean old as in KF6, not age ok?)
Sophany and Sophanith of AMK
Talking about microfinance and enjoying it
Limited Edition Kiva T-shirts
Step aside Gucci… microfinance t-shirts are SO this season. Hitting the runways (mainly of airports in West Timor and Phnom Penh) are the brand new limited edition Kiva “Loner/Loaner” t-shirts. Designed by Hollie Harrington of London, and produced in Phnom Penh, Cambodia, these shirts will add a dash of microcredit chic to any outfit.
Are you a loner or a loaner? Or perhaps even a lender?
If you would like one of these t-shirts there are a few left over in the AMK office in Phnom Penh. Otherwise contact me and I can send you the design files so you can get them printed locally. But only if all profits are re-invested on Kiva!
Kiva Fellows struck by lightning
Kiva Fellows Ball, Briggs, and Dunbar looked Danger squarely in the eye and said “Not today, we’ve got Kiva work to do!” when their plane was struck twice by lightning en route to their new assignments. Thanks to the Flip cameras distributed by Kiva and in true Kiva Fellows tradition this near-death moment was, of course, captured on video. OK so I added sound effects.
Flip video cameras: So simple, even a racoon can use it
Successful applicants for the Kiva Fellows programme generally need to be a bit tech savvy to handle the equipment they will use in the field. But the new Flip video cameras that were issued to KF7 are reputedly simple enough that even monkeys can use them.
Upon hearing this, I reacted as any sensible person would. “Sure, but how about racoons?”.
"How do you paws this thing?"
Note to Kiva: No Flip video cameras were harmed in the making of this video.
11 comments 2 March 2009
The most exciting, BORING banking conference ever attended
Banking conferences in and of themselves are really boring. I attended my share of them as a corporate banking analyst in New York City. Keynote speakers, break-out sessions, networking events, and trade shows all packed into two days of conference center bliss. The Cambodia National Banking Conference held in Phnom Penh February 19-20th was no exception to this formula, however, it was by far the most exciting and significant BORING banking conference I have ever attended.
My name is Katie Davis and I am a new Kiva Fellow (KF7) working with AMK in Cambodia. At 26 years old I have a few year of business experience behind me, and this seemed like the perfect time in life to step away from the corporate world and do something off the beaten path. I am thrilled to be in Cambodia working in microfinance. I had to chuckle when at the end of my first week at AMK I found myself seated in a huge conference room full of people in black suits, awaiting the start of the first keynote address. This feels so familiar! Given the context, however, there was nothing ordinary about this particular banking conference. Here is why.
Pointing out my name on official attendee roster
The National Bank of Cambodia (NBC) was established as a regulatory organization in 1954 when Cambodia gained independence from French colonial rule. The NBC began printing its own national currency, the Riel, in order to terminate the monetary alliance with the Vietnamese and Laos currencies. The NBC created a few state-owned banks and a series of reforms in the 1960’s and early 1970’s liberalized the banking system and allowed for private banks to operate in Cambodia under the regulation and supervision of the NBC. The Khmer Rouge came into power in 1975 and on April 17th, the National Bank of Cambodia (NBC) was shut down. Cambodia’s banking system was destroyed and Riel banknotes were no longer used.
In the difficult economic times we face today, government and regulating bodies around the world are becoming increasingly involved in sovereign banking systems on both the private and public entity level. Given this trend, it is almost impossible for me to imagine how a nation would function without a currency and without a central bank during times of distress, but this was the state of affairs in Cambodia during the terrible 4 year reign of Pol Pot and the Khmer Rouge.
The Bank of Cambodia was re-established on October 10th, 1979 and the rebuilding began, which was no small task considering there was no currency reserve, no document trail, and limited human resources (many intellectuals and businessmen were killed, scattered, or remained in hiding in the years immediately following the nightmare that was the Khmer Rouge). The Cambodian banking system is still in its infancy, but great strides have been made in the last 25 years and the National Bank of Cambodia (NBC) has evolved into a legitimate regulating body once again recognized by the international financial community. There are currently 24 commercial banks, 5 private banks, and more than 26 registered Microfinance Institutions (MFI’s) operating in Cambodia.
Conference Room @ Naga Casino in Phnom Penh
Banking Cambodia: Modernization of the Banking & Microfinance Industry in Cambodia held at the Naga World Hotel in Phnom Penh February 19-20th, 2009 was Cambodia’s first ever national bank conference. It was an honor to attend as a representative of Angkor Mikroheranhvatho Kampuchea (AMK) and the Kiva Fellows Program. Microfinance is thriving in Cambodia and it is exciting to see that the member institutions of the Cambodia Microfinance Association have a seat at the table alongside the commercial and private banks. Microfinance is inherently part of Cambodian’s banking structure due to the large number of Khmer people who receive microcredit loans as opposed to loans from commercial banks.
Since this was only my second week in Cambodia, the conference provided an introduction to key industry players and also gave me some perspective on the overall economic landscape and the four primary drivers of Cambodia’s GDP: the garment industry, agriculture, construction, and tourism. That being said, there were also some drawback to the conference (which ironically was held at a casino) – shameless sales plugs by banking technology companies, and subtle references to the fact many things are negotiable for the right price in Cambodia when it comes to the government and business community trying to attract foreign investment.
I’m not going to lie, I had a difficult time staying alert and awake through all 35 presentations, and from the looks of it so did many of the other conference attendees. Cambodia has finally joined the rest of the world in hosting BORING banking conferences, which is actually quite EXCITING given the turbulent recent history and the role that microfinance has had in rebuilding the economic situation in this nation.
Kiva Fellows attending Banking Cambodia: Drew (KF7), Jeff (KF7), Katie (KF7) Sanjaya (KF5), Teresa (KF5) Not pictured: Julie (KF7), Kieran (KF6), John (KF6)
2 comments 2 March 2009
A Phnom Penh Afternoon
Jeff Zira, the new Kiva fellow at CREDIT MFI in Phnom Penh, Cambodia has arrived and is loving everything about his placement
Continue Reading 2 comments 26 February 2009
Coming to you from 37,000 ft.
After months of preparations and planning I am finally on my way. As I write this the map on the TV screen tells me I am currently over Pueblo, Colorado on the first leg of a three part trip from New York, USA to Phnom Penh, Cambodia. I will be in Phnom Penh for five months as a Kiva Fellow and will be working with Kiva’s partner agency HKL.
While I am very excited to listen and learn from both the staff members at my host MFI, HKL and the borrowers they serve I have a certain amount of trepidation concerning the affect the global recession will have on the local economy. During our Kiva Fellows training a few weeks ago the subject of how microcredit repayment rates would fair in the coming months and years was brought up. Since then, I have been thinking about what this in the context of how it will affect Kiva Borrowers in Cambodia. The first question I had was how are the lives of people selling fish, firewood or growing food connected to bankers in New York and London? While at first this boggled my mind, after thinking about it for a little while, the connection became very clear and very scary.
My train of thought went something like this: a bank in New York lays off a worker … that worker then buys fewer things, (clothes included)…the clothes store that particular banker used to buy from now has less business and has to close a few stores and orders fewer products from its suppliers … its suppliers in Cambodia are getting fewer orders in so they also have to lay off a person … that person’s spouse, who had previously used their small loan to sell fish as a second income is now the sole provider for the family … they can’t afford to payback the loan that they had previously had no problem repaying. Four quick steps and we go from skyscrapers to people like the borrows on Kiva’s website. This interconnectivity, both positive and negative, that our global economy has given each and every person in every country constantly amazes me.
While I am by no means a microcredit expert, I do know that one of the reasons that repayment rates are so high is that many of the loans are a once in a lifetime opportunity for people to lift themselves and their families to a better life. This means that if repayment rates start to slip in the microcredit industry it is not because people are out buying things they shouldn’t, it most likely means that their financial situation has become really bad and that they have no other choice. I think most of us have been in situations where we hit a time of financial trouble, weren’t able to pay all of our obligations on time and needed just a little help until we could make the needed adjustment and get to the light at the end of the tunnel. For many, this help could come in the form of a bank, family, or a second mortgage. Unfortunately, for those who have been borrows at microcredit agencies, this type of help usually is not an option. So in times like these, I want to keep lending on Kiva because the positive effects of $25 loan from New York can be just as easily felt in Cambodia and across the world as the negative effects of a bank in New York.
I look forward to sharing my experiences and all that I learn in the the coming five months!!!
Join HKL’s lender team here and show your love for my host MFI!!!
4 comments 12 February 2009
A Fistful of Dollars, Behind the Scenes: Volunteer Editor Helps Kiva Entrepreneur Reach Her Goal
Like the windshield on a motor-taxi in Phnom Penh rush hour, transparency is vital to Kiva’s survival. To give interest-free loans, lenders deserve to know that every cent of their money is being distributed exactly as promised, whilst borrowers have the right not to be misrepresented.
An important aspect of this transparency, and one which Kiva takes very seriously, is the integrity of the data on its website. Allowing inaccurate data is the first step towards encouraging fraud on the site, which would have severe reputational consequences for Kiva.
A key data check is performed between the time the loan is posted by the MFI, and when it goes live on the website ready for funding. At this point every loan is reviewed by one of a team of over three-hundred online volunteers. These language gurus work from all over the world to translate loans posted in foreign languages and edit those posted in English by Kiva’s field partner microfinance institutions.
This is a crucial link in the chain of events, not only because it ensures that Kiva lenders can understand business postings and thus make informed choices, that lenders are represented with dignity and clarity, but also because it is the one time that every single loan is scrutinized. Editors can, and often do, flag issues ranging from missing information in the loan description, double-postings, loan amount discrepancies, inconsistencies or problems with the borrower picture, to potentially controversial loans, such as a loan for a cockfighting business.
The Editing and Translation volunteers range from a high school microfinance club, to returned Peace Corps volunteers who want to continue contributing to the country where they were stationed, to young mothers home with their children who want to reach out to make a difference, to retired English teachers and technical writers. They are located on six continents around the world.
In my last blog I posted a video which followed a loan from London to Cambodia (A Fistful Of Dollars: The Story Of A Kiva Loan). The client that featured in the video was the smiley and exceptionally accommodating Van Makara, whose loan was posted by field partner AMK and selected by Danielle Lieu and my other ex-colleagues in London to be the recipient of their $25.
When the loan was posted to the Kiva website by Sophanith at AMK, it landed in the work-queue of Lorne Warwick, a retired high school english teacher. He immediately got to work checking the loan posting and editing the English to make it easily comprehensible (perhaps he should have edited this introduction too). His edits can be seen below.
Lorne Warwick has edited over six hundred loans in the past four months alone. And while no-one will ever really understand the complex algorithms running within Danielle Lieu’s brain that made her pick Mrs Van Makara for her first Kiva loan, it’s certain that Lorne’s edits did a fantastic job of making the loan posting infinitely more readable (ideal for people who are sifting through Kiva loans in the office when they should really be working).
Lorne Warwick: An Editor and a Gentleman
Lorne, a keen blogger himself, kindly agreed to write about his involvement in Kiva and what goes into the editing process. This is what he wrote:
Entry by Lorne Warwick, Kiva Volunteer Editor
As the editor of the loan to Mrs. Van Makara, the subject of the excellent video, “A Fistful of Dollars: The Story of a Kiva.org Loan,” I have been asked to write briefly about my involvement with Kiva and what goes into the editing process.
A retired high school English teacher, my path to Kiva was largely serendipitous. In my first year of retirement, I purposely avoided making any commitments that would impose specific structure on my day, since structure was something that had defined my professional existence for 30 years. Content to take each day as it came, I busied myself with small home-improvement activities (never quite finding time for that major renovation needed in our basement!), an education research subcontract, and some sporadic writing.
My second year found me with a desire for a little more structure, so I began volunteering at a local food bank sorting and shelving donations. The very immediate results wrought by strictly physical effort were and still are quite gratifying. However, as time went on, I began to want to be of more service to others, never forgetting how fortunate I was to have been able to retire while still in my fifties, healthy and financially secure. The thought of paid work held no appeal. After becoming a lender with Kiva, one day I noticed a button on the site that said “Do More,” and to my delight found that the organization was seeking editors. The rest, as they say, is history, and I have now been editing loan descriptions for the past year, usually assigned two sets (with an average of 12-15 per set) each week by Kristy Harrison, one of Kiva’s volunteer coordinators living in England.
Perhaps the most powerful inducement for me in editing loan descriptions stems from my work as a teacher. I always had a special respect and admiration for those students who came to me, not to complain about their mark or try to wheedle a few extra points out of the old man, but rather were genuinely motivated to try to better their academic results. Essentially, they said, “I want to improve my work, and I want you to help me to reach that goal.”
Expressing such a desire meant I was at their service, and, in partnership, as long as they maintained that attitude and commitment, progress invariably ensued – progress not sudden and spectacular, but instead slow and steady. At the end of term, students would sometimes thank me for my help, but I would tell them that they had done all of the hard work – I had merely provided a framework and structure for their efforts.
This is precisely how I feel about Kiva, its mission, and my small role within the organization. The people seeking loans, already vetted and assessed by local Kiva financial partners, are the ones who bring the commitment, the motivation, and the goals to the deal – we are merely the conduit by which those goals can be achieved. Like the students I worked with for so many years, they have my deep respect and admiration, and I am happy to be of service to them.
Which brings me to the other aspect of Kiva that I find so immensely appealing: its model does much to renew the human spirit. I am convinced that the desire to help others exists in most of us, but this spirit of philanthropy needs regular cultivation. For example, many people have specific charities to which they regularly donate, and are quick to respond to pleas for money when natural and human disasters happen. However, these contributions are often made to large and seemingly faceless organizations tasked with dispersing the funds in a responsible and ethical manner. Our involvement in assisting the lives is thereby quite limited. The Kiva model, however, invites on-going participation in the lives of the borrowers, first as we select the region, the entrepreneurial activity and the borrower, and later as we can track the success of the loan through its repayment. The entire process is a steady reminder that we, as individuals, can indeed have a positive effect on the lives of our fellow human beings.
Kiva is an organization powered by a vision that is ideal for the times in which we live. While the events of the world and the actions of our leaders may frequently invite despair, Kiva is a vital reminder of the good that still exists, indeed thrives, in the heart of humanity. I feel privileged to be a small part of its efforts.
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Postscript
To view two more examples of loan edits, go to the following links
And to see a short video of live editing as it happens, check out the Cecilia Andoh loan live editing video
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If you or anyone you know would be interested in becoming part of the Volunteer Editing and Translation Team at Kiva, visit http://www.kiva.org/about/opportunities/ and follow the appropriate links.
6 comments 28 January 2009
A Fistful Of Dollars: The Story Of A Kiva.org Loan
I’ve lost count of the number of times I’ve explained the concept behind Kiva to family, friends, and people I’ve met along the way, but each time my explanation is slightly different.
This is because Kiva is really quite difficult to explain. It incorporates frightfully odd concepts such as microfinance, acronyms such as MFIs, faux acronyms (“what does K.I.V.A. stand for anyhow?”), frequently confused verbs “lend” and “borrow”, crossovers between banking and charity, international flows of money, interest and yet no interest, is it a tech start-up or is it a non-profit? It’s both Jim, but not as we know it.
I used to start with the basics: “Kiva is a website…”. But then I thought that makes it sound a bit, dare I say it, cheap, like hamsterdance.com is a website, so then I switched to “Kiva is a web-based non-profit organisation” which is the signal to most people to stop listening immediately and start planning an escape route to the bathroom.
I like to tailor the explanation depending on who the person is, how interested they seem, whether they know terminology such as microfinance or even the internet – in some Cambodian villages knowledge of the former outweighs knowledge of the latter whilst back home in England the opposite is true.
But when it comes down to it, does anyone really understand the Kiva process from start to finish? Well sure they do! But will we ever meet these mysterious people? Probably not.
So before I left my job at Credit Suisse in London, I decided it would be great to try and follow one loan through the system from start to finish, for the benefit of my colleagues who I coaxed into making a loan, and for myself, and for anyone else who is interested.
Three months later and my little project has reached fruition and dropped right off the tree in a sticky mess. An eleven minute video that I’ve effectively been married to for twelve weeks. It haunts my dreams. I’ve developed repetitive strain injury in my left arm from sitting at my laptop.
But I’m thoroughly glad I did it as I’ve discovered a new passion for making and editing videos to add to my long list of hobbies-to-take-up-and-then-drop-months-later. And I’m right-handed anyway.
I hope that you enjoy watching it as much as I enjoyed making it.
Note: To watch the video in full screen (recommended) please click on the four arrows in the bottom right-hand corner of the video
To see all of the AMK loans currently fundraising on Kiva.org please click here
Additional note: To link directly to the video please use the following URL: http://www.vimeo.com/2769845
89 comments 7 January 2009
It is the last day at HKL today and I’m heading back to my country-Japan. So I am reviewing what I did in Cambodia. Maybe my contribution is a little different from other fellows due to different background-I’m from Asia.
The reason I became Kiva fellow is to learn Kiva and micro finance and then try to localize Kiva since language barrier is very high for Japanese people unfortunately. Many of my friends don’t loan even if they are interested in Kiva.
Let me note how I reached Kiva. I had a experience to stay in Cambodia 10 years ago. one day, I and my friends went to the Mekong River to see the sunset. But I had some trouble with them at that day and I sat down river side alone.
When I lonely watched the sunset, some local children came near me and found me crying. And then one firl without one arm wiped my tear. At that time there were some children whose parents made them disabled on purpuse in order them to beg money as well as many land mine victims, I heard.
I decided to do something for Cambodian in some ways since she comported my spirit. But I found many of Cambodians got used to receive something by developed countries at the same time. Therefore, I thought they needed something helpful to their independent efforts. That’s why I have been interested in micro finance but unfortunately there was no chance to learn it in Japan.
I didn’t tell my interest to others for long time due to some critical trend for charity and volunteer as hypocrisy. Through I change little by little through charity activities for an orphanage in Philippine with my friends. When I started to tell my friends my interest to micro finance, one of them told me she watched some TV program about a unique NPO in USA. That’s Kiva. I couldn’t reach Kiva if I yet hesitated to talk about my interest, and if I didn’t keep the charity activities. I soon started to think to sell Kiva to Japanese as I have some kinds of confidence I can do it due to my charity experience and network.
So far, I keep a Kiva fellow blog in Japanese as well as in English to introduce Kiva fellow’s activities. Moreover, I have joined a Kiva fan’s community in Japanese SNS. And then, fortunately I have found some camps who are willing to start up ‘Kiva Japan Project’ – a small group to aim at starting up Japanese version of Kiva. We sometimes have meetings by Skype and one day some of them showed me a demo site of Japanese version. I, by myself, am so surprised at this movement! I have never imagined my idea would be real in such a short time. I know we have a lot of issue to try from now. But it’s important keep taking action even though we don’t have enough resource and knowledge. And then we eventually find good chance or somebody’s help. I’m excited to forge ahead the project now.
I have learned never-give-up spirit through fellowship. Actually my life here was not so easy as well. I often felt sick and got cheated. Some experience made me very depressed and unhappy as I post last fellow journal. But I knew even terrible experience is necessary to test myself. Good and bad experience made me think what is my real goal and how much passion I have.
In order to achieve something, I need to overcome some conflict between the ideal and the real. But I believe every experience in Cambodia will open up my future.
I’d like to say special thanks to Kiva and Hatta Kaksekar Limited(HKL). I’m so happy to work as Kiva fellow at the wonderful MFI! I extended my fellowship for 1 week because I found the most favorite time in Cambodia is not visiting some famous places but talking, joking and laughing with HKL staffs.I cannot explain how much I love HKL! There is a full of joy, warmness and happiness.
I hope the more and more Japanese become a part of Kiva and become Kiva fellow in the future.
In the field, I always asked borrowers ‘What’s your dream?’
So, this time, I answer the same question, ‘It’s to connect more friends in the world and help each other.’
This is my last Kiva fellow blog. Thank you very much for reading!
5 comments 26 December 2008
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