Wednesday, August 18, 2010

Start of Cycle, End of Cycle

Pictured Above is the Village Bank "Strength and Blessing" during their last loan repayment meeting of Loan Cycle 1.

This week it feels like we are in the middle of movement. Then again, it always feels like that. But, if I sit down and reflect (which I have been able to do quite a bit of since I am sick with a cold again) I found myself one day going to a close of loan cycle 1 meeting with a bank and the next day celebrating the start of a loan cycle 1 with another bank. It is really rewarding to watch a bank grow into their 2nd loan cycle. I don't have kids, but I suspect that it is like watching your child grow and marking the milestones of their life. Pictured below you will see a new member of our village banking team: Mari. She is pictured next to Elizabeth helping the Directive of the village bank Violetas administer their first loan reimbursement. Mari hails from a rich background of helping women in poverty, graduated from law school in Cajamarca and is infusing our business assistance program with dynamic and participatory activities. In our village bank 2nd loan cycles Mari wants to get the women thinking about their accounting. Can they figure out how much they make? If they are making a profit? If so, how big or small? Pictures and more stories to come....

Paz ~ Nora

Elizabeth and Mari helping the village bank Directive of Violetas sort through their first loan paperwork.
New loan recipient from Violetas showing off her first loan money.

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