Thursday, December 20, 2007

Well, What about Microfinance in Masaya, Nicaragua?


I have spent my blog posts ignoring Microfinance, for the most part.

I realized this morning that this is a bit odd, especially considering that my diary is entitled "A Personal Journey into the World of Microfinance."

Morever, I am here in Nicaragua to work in a Microfinance institution ("Alternativa"): to gain more exposure, to gain more experience, to (hopefully) gain more insights into the ins and outs of Microfinance in the "developing" world.

Alternativa is a relatively small "Microfinanciera." (The picture above gives you a little idea.)

I have been evaluating the work processes within the institution and interviewing staff members with the objective of making suggestions to streamline various administrative procedures. I am about half-way through the project. (I am scheduled to leave 9 February 2008).

I will only say this: it hasn't been easy.