On June 20, 2016, Kiva launched the World Refugee Fund, which matches donations to refugees on World Refugee Day dollar-for-dollar. Traditional forms of finance are often out of reach for refugees, and as such supporting loans for this population is vital. Even so, a host of logistical, regulatory and psychological factors stand in the way of banks and small-scale institutions attempting to accommodate refugees with appropriate financial products.
In Jordan, Microfund for Women...
Stories tagged with Jordan
The difference between Islamic finance and “regular” finance is this: generally, in Islamic finance, risk and profit are shared between lenders and borrowers thereby tying the success of lenders to borrowers. It has grown steadily since the emergence of large Islamic banks in Saudi Arabia in the 1970’s and opens a new avenue for current cash-only populations (Garrett 2011). This is particularly true for the poor and less educated who face many obstacles to benefiting from modern institutions, including a reluctance to participate... Continue Reading >>
Near the Mediterranean Sea, Jordan shares many of the regions culinary traditions, such as fresh veggie based dishes filled with healthy fats like olive oil.
With only a handful of ingredients, Bamia comes together quickly and easily. While traditionally made with lamb, goat, or chicken, my recipe is a vegetarian version. Serve over rice, with fresh bread, or on its own. It's a quick meal for a Kiva Fellow on the go!
Serves 2
Ingredients:
1 1/2 cups fresh okra stemmed and washed
3 tomatoes, diced
3 cloves garlic, chopped
1... Continue Reading >>
By Kiva Fellows | KF19 | All Over the World
With January 2013 coming to an end, KF19 fellows are either continuing on with KF20 or returning home to various responsibilities and careers. Regardless of the next adventure or destination, one thing is common among all: KF19 fellows have been permanently changed by their placements.
What began as a joint blog post about any person, place, or event during the course of the fellowship that affected our lives, of itself turned into simply the one person who left the most impact. Afterall,...
Continue Reading >>By Kiva Fellows | KF19 | All Over the World
A Happy Holidays to the Kiva family everywhere! May your celebrations be filled with foods and flavor, smiling faces, natural beauty, light and memories… here are some gifts from around the world courtesy of the Kiva Fellows 19th class:
On the Twelve Days of Christmas my Kiva Fellow gave to me…Day 1: A Turtle Heading Out to...
Continue Reading >>This week, I met a Jordanian widow who is supporting four children and her elderly mother on less than 200 JD ($283) per month. Her income comes from her deceased spouse’s pension. She is applying for a microloan to make ends meet. Do you think this non-entrepreuneur should be granted a microloan?
While you and I may be able to automatically reach for a credit card or withdraw money from a savings account in case of emergencies or unexpected expenses, such luxuries are not available for the majority of the low-income population in Jordan. What...
Continue Reading >>Taline Khansa | KF19 | Jordan
Jordan has been my home for the past five weeks, and in this short time I’ve felt more than welcomed by newly gained friends, Tamweelcom’s staff, borrowers, and strangers alike. Every day holds its share of new faces and places, introducing me to people from diverse professional and socio-economic backgrounds. The one common factor among all is an innate sense of hospitality that always leaves me loving and appreciating the people of Jordan more and more.
... Continue Reading >>