Posts tagged ‘micro lending’
It’s not just about the money
By Andrea Ramirez, KF16, El Salvador
In recent years the microfinance sector has been hit with harsh criticism about the real impact it has on improving the lives of the low-income clients it serves. If it is true that microfinance, including micro-credit, is not the panacea for poverty; it is also true that Microfinance Institutions (“MFIs”) don’t have an easy job. MFIs and their staff are, in my opinion, the true heroes. Their loan officers and administrative staff are those who are out there, day after day, meeting clients and trying to help them achieve their dreams – and yes, realizing dreams doesn’t come cheap. Although there are many great institutions providing more than microfinance services (often times called “microfinance +”), I have yet to come across an operating model as unique as that of Fundacion Campo (“FC”).
Continue Reading 7 September 2011 at 08:00 Andrea Ramirez 2 comments
South Africa’s Inspirational Women
EB Moore, KF13 South Africa
Now that Women’s Development Businesses (WDB), Kiva’s new field partner in South Africa, has begun posting loans, maybe you’re curious about who their clients are. I want to share with you snapshots into the lives of two of WDB’s clients from the Mpumalanga province.
Continue Reading 21 January 2011 at 06:01 EB Moore 3 comments
