Who are KIVA's microloan partners, anyway?

[sabrinamari]

Ever wondered what kind of organization goes into the microloan business? Who are these people, and what are they seeking to do?

Here are two:

FUDECOSUR

"The first, FUDECOSUR, funds mostly farmers (about 98% of their portfolio) in southern Costa Rica, one of the poorest areas of the country. They use a village banking methodology, but one that is different from other organizations. The village banks operate quite independently, with the idea that they can be responsible for the economic development in their communities. The organization is really committed to training and financial education, and is working with some communities on organic farming methods and environmentally friendly agriculture practices. They have also received a social performance evaluation using a tool called CERISE, which indicated that they have strong outreach to poor and marginalized communities."

AMK

"I wanted to highlight a loan that was recently posted by AMK – our largest microfinance partner in Cambodia. This loan is the first made by AMK's Special Interest Group Unit (SIGU) – a department within AMK ,designed to serve more ‘vulnerable’ groups that are currently underserved by microfinance services. These groups include women who are victims of trafficking, domestic violence and other gender-based traumas, people living with HIV/AIDS, street people and children and people with disabilities. AMK is currently focusing on assisting women who are victims of trafficking, domestic violence and other gender-based traumas."

http://www.kiva.org/about/inside?category=Kiva+Field+Partners

Comments

[deboranter.livejournal.com]

I had a wonderful Yule gift. A loan that I had made over a year ago and was in default was all of a sudden paid in full on Yule. I love Kiva.