Femmes de Nder pay off their Kiva loan!

Six months ago I made a loan to the Femmes de Nder, through Kiva. Today I learned they paid off the microloan. Congrats to them!

I was excited about Kiva, because of such high innovation applied to social development. Particularly the opportunity to connect individuals donors to the recipients, which is a point more development projects should focus on .. bypassing the mainstream media, which don’t provide adequate focus on these situations, humanizing people from far off places, and getting people directly, conciously involved.. I choose Femmes de Nder because I felt that assisting women to organize could particularly drive new sorts of social relations and improvments in these male dominated societies.

Overall I am happy, and will probably reloan the money to another group. However, I do wish that the weblog entries came more directly from the recipients, in their own voices, but understand the language and technological barriers. And I’d like more information on the specifics .. are they substantially better off than before? Will there be follow up on how the group is doing in another six month’s time? Has there been any ripple effects? Generally microfinance has been much lauded, but there’s also increasing criticism. Has microfinance generally been as beneficial as hoped? I know these can all be difficult to surmise, especially so soon .. but this will be another challenge for Kiva as time goes on.

4 Comments

  1. Premal Shah said,

    August 16, 2006 @ 2:17 am

    Hi – this is Premal from Kiva’s staff – great feedback above — especially the piece on impact assessment — this is the direction we need to encourage our partners to document more at the end of the loan term.

    thanks again for giving Kiva a try and just as important, thoughtful feedback about how it could be better.

    premal

  2. Premal Shah said,

    August 16, 2006 @ 2:19 am

    oops – made to delete the ‘this is the direction’ phrase above…sorry for the typo!

  3. scale|free » Kiva said,

    August 16, 2006 @ 9:39 am

    […] Mikel Maron posts about Kiva, a site that allows microloans (and aggregated microloans) to entrepeneurs in developing countries. […]

  4. anu said,

    August 16, 2006 @ 1:02 pm

    Thanks for blogging about this – I hadn’t heard about Kiva until this post. I’ve signed up and made 2 loans – hopefully they’ll do some good !

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