The other day I got to witness the excitement felt at PEMCI when a loan is filled on the Kiva web site. One of the loan officers had put a great deal of effort into writing a descriptive profile for Fred Wafula Lubisia, who sought a loan to purchase a motorbike. The loan was for [...]
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July 2nd, 2007 — Kenya, Max Schoening, People Microcredit Investment Bureau from malabamax @ Kiva Blogs from the Field
Kiva Social Entrepreneurs
June 30th, 2007 — Kenya, Max Schoening, People Microcredit Investment Bureau from malabamax @ Kiva Blogs from the Field
Before arriving in Malaba as a Kiva fellow, one of the assumptions I had about the businesses is that they would be entirely profit driven. Considering the economic situation that most of the clients here are living in, I could only imagine that people’s efforts would be entirely focused on making enough money to support [...]
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