Stories tagged with Facilitation of Savings

Jul 7, 2013 PE Peru
Alright, you caught me. No rivers were forded, nor were any woods traversed. Mostly dirt roads were traveled on and hillsides were (carefully) climbed.

Life in Peru has been wonderfully intense, exciting, tiring, and challenging over the last few weeks. I am not going to dwell on the awesome ceviche and seafood I have been fortunate enough to eat. Nor will I say much about the recent 5.1 earthquake that originated 50 miles off the coast of Lima (or 4.6, depending on where you get your earthquake news from).

...
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Jun 6, 2013 MN Mongolia

A job that lets you travel across Mongolia… AND play table tennis while you wait at the airport?!

Here in Mongolia, my top priority with XacBank has been to complete borrower verifications (BVs)—visits to 10 randomly selected Kiva clients to ensure that everything in the field checks out with the information reported to Kiva’s San Francisco headquarters. As it happened, the borrowers in my sample were...

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Apr 4, 2013 MN Mongolia

Spring has arrived in Mongolia! That means warmer weather (afternoons creeping closer and closer to the double digits)… and, of course, baby animals!

I had the opportunity to travel to Selenge ...

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Dec 12, 2012 CR Costa Rica

my new ‘hood in San Carlos

A road trip with FUNDECOCA

It’s hard to believe it’s been a month since I arrived in San Carlos and started working at my second MFI. FUNDECOCA is one of Kiva’s newest partners… and they are really excited about working with Kiva!

My fellowship here started off with a bang as I was whisked off on day trips to visit some of FUNDECOCA’s credit communities. FUNDECOCA offers loans to 53 communities...

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Sep 9, 2012

The words of Arcade Fire’s song Lenin, “cause the money’s all been spent” took on a new meaning as I sat writing this blog. Savings has been on my mind a lot over the past two months of my fellowship — most prominently, in the context of the field and the role that microfinance plays in both teaching and facilitating savings for the poor.

This topic brings a lot of difficult questions: With such extremely small amounts of money available, how does one manage to put anything aside? And yet, without this, what happens when you child falls ill with malaria? How does one get...

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Aug 8, 2012 UG Uganda

Team Building Exercises

This savings aspect of UGAFODE has only recently been a possibility and after much hard work and restructuring of the organization.  This field partner only became a Micro Deposit Taking Institution (MDI) on September 23, 2011, but they are moving quickly to utilize this capacity in the products they offer to their clients.

Now, back to the training we received on Savings Mobilization.  I was impressed that the first half...

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Aug 8, 2012 PK Pakistan

Racing against the onset of monsoon season and the holy month of fasting, Ramadan, my female colleague Shazia and I challenged ourselves to travel 1,500 km across South Punjab to meet with seven borrowers in three days.

The mission was to complete an audit of sorts, known as a “borrower verification.”

What may seem like an awkward, laborious task is in fact most fellows’ favourite part of their fellowship — the chance to travel and meet borrowers in the flesh.

To meet Rani, we had to park our car under the sole tree on that lane...

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Mar 3, 2012 TG Togo

Michael Slattery | KF 17 | Togo

Early on in my stay in Lomé I presented the Social Performance badge certificate awarded by Kiva to my microfinance institution WAGES.  I made enquiries and had a gilded frame made for the certificate at a local photography shop, and presented it to the Director of Women and Associations for Gains for Economic and Social (WAGES), Monsieur NASSIROU Ramanou.

Here we are at WAGES' headquarters in...

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Feb 2, 2012 MZ Mozambique

Micaela Browning | KF17 | Mozambique

“A penny saved is a penny earned.”

Ah, the old adage; the bane of the average American adolescent’s existence.  My mother, in particular, constantly sung the  praises of fiscal responsibility and self-discipline. By the age of eleven, I had my own ATM card and bank account (my meager savings consisted of reluctantly deposited babysitting money and crumpled wads of birthday cash).

Though young, I generally understood that the bank would “guard” my money until I wanted to spend it, much like my best...

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Jan 1, 2012 PH Philippines

The new year is already in full swing and resolutions are being met or failed as we speak. This New Year’s celebrations, for me, was a little different as I got to spend a full week with Center for Community Transformation staff as they celebrated 20 years of growth and successful service to the poor in the Philippines. President Ruth Callanta spent time reflecting on the past but also casting vision for the future as CCT hopes to transform more communities in the Philippines and reach more marginalized people groups.

There was a three-part theme set to guide the educational...

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