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Microfinance in the field

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  1. It’s hard to say goodbye

    May 7, 2014 - by Blanca Méndez - 0 comments

    It is a beautiful, warm morning in  Santo Domingo where I meet Don Leo, my taxi driver, who was taking me to the airport. It has been a great week learning about microfinance in practice and meeting many special people. And I do not only refer to the MFI clients and CONACADO farmers, but each participant in the study tour.

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  2. Supporting the cooperative value chain

    May 7, 2014 - by Blanca Méndez - 0 comments

    Cooperative values displayed at COOPMAIMÓN. Photo: Pedro Genaro

    Today, study tour participants presented their experiences and findings. Learning about the cocoa value chain as well as seeing it first-hand was one of the highlights of this trip for many of the participants. To be able to witness how access to finance helps entrepreneurs to develop businesses and create jobs for those who do not have an entrepreneurial spirit was a valuable experience.

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  3. Women in business

    May 2, 2014 - by Blanca Méndez - 0 comments

    Nancy and Franklin Espinal with the study tour participants – Photo: Pedro Genaro

    In 2003, two sisters, Fidelia and Nancy Espinal, decided to establish a transportation company after realizing there was not a good quality transportation service in the city. Together with their mother and two siblings, Franklin and Diomari, they started Maimón Taxi with two cars.

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  4. The cooperative spirit

    May 2, 2014 - by Blanca Méndez - 0 comments

    Visiting COOPMAIMÓN’s offices – Photo: Pedro Genaro

    Maimón is the name of four cities in the Dominican Republic. The most famous one is Maimón Bay because of its fresh fish. It is located in Puerto Plata province at the Atlantic Coast. Maimón city in the Monseñor Nouel province is about 45 minutes by car from Santo Domingo. The city flourished thanks to gold, silver and nickel mining in the surrounding areas.

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  5. Unveiling the local cocoa value chain

    May 1, 2014 - by Blanca Méndez - 0 comments

    The cocoa fruit is a bit sour, but tasty.

    During the two-hour trip from Santo Domingo to San Francisco, I saw small towns, rice fields and a cocoa plantation. We were on our way to visit CONACADO’s cocoa processing factory. CONACADO is a cooperative and Oikocredit partner.

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  6. Proudest fathers and entrepreneurs

    April 30, 2014 - by Blanca Méndez - 0 comments

    Arialdis and Marielle make a good team – Photo: Pedro Genaro

    What does a home decoration wholesale company, a foundry and a printing store all have in common? All three are run by men with a strong entrepreneurial spirit and vision!

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  7. Supporting entrepreneurship

    April 30, 2014 - by Blanca Méndez - 0 comments

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    It was a busy Monday morning when we arrived at Banco Ademi’s headquarters. Banco Ademi is a savings and credit bank that partnered with Oikocredit in 2008.

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  8. Insights into the country and region

    April 29, 2014 - by Blanca Méndez - 1 comment

    The study tour’s first meeting will provide insights into Oikocredit’s work in the region and country. The Mexico, Central America and the Caribbean (MCAC) region does not have a ‘one size fits all strategy’ - responding and adapting to the demands and needs in each country/area.

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  9. Working in a green office

    April 28, 2014 - by Blanca Méndez - 0 comments

    Stuart, Laura, and Alejandro working at Oikocredit DR office

    The day before the study tour’s official start is usually the busiest, however it’s a chance to finalise the agenda and itinerary as well as make final logistical arrangements.

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  10. A warm welcome

    April 28, 2014 - by Blanca Méndez - 0 comments

    After around 14 hours of flying, I arrived in Santo Domingo. I was welcomed at the airport by a lovely 22o C and loud bachata music in the baggage area.

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