Dec 20, 2015, 4:45 am
Last edit by: wilsnunn
The FlyerTalk Lending Team on Kiva:
improving lives a small loan at a time.
Kiva.org is the not-for-profit microlending organization that networks people willing to lend to small entrepreneurs in developing nations using available technology and international networking / collaboration, and how Kiva.org had become an approved FlyerTalk charity thanks to TalkBoard's approval June 29, 2008 <link> It is listed on the FlyerTalk Cares page.improving lives a small loan at a time.
"Kiva is a grassroots project started by a team with a big idea: one-to-one, real-time lending to the poor via the Internet. Currently, we take no cut of the loan you make through our site -- 100% goes to the entrepreneur. We suggest a 10% donation, in addition to your loan, to help us cover our costs. Kiva is a 501(c)(3) nonprofit and your donation is tax-deductible for US taxpayers." (Suggested donations for administrative overhead, low though that is, are not required - you may lend 100% if you so choose.)
As of 15 May 2016 it was 607 FlyerTalk lending team who have lent $2,209,175 in 37,092 loans! And now as of 30 June 2019 it is 941 members who have lent $6,415,775 in 71,722 loans!
Our motto is: "We loan because: We want to fight global poverty while earning miles."
This is tangible evidence Flyertalk Cares! There are likely other FlyerTalkers on Kiva who have not joined - if you are one of them, do so now to show your and FT's support and involvement. If you haven't lent yet, check it out - you may want to join up. For the low-income entrepreneurs on five continents who are requesting loans, microlending is significant - and it takes a lot of drops to fill the bucket. (Read on to see updates!)
Now, we can see this sophisticated network link resources from those who can lend (no interest, sorry!) with those who are needy, worthy and screened by local NGOs and have a need to start / expand their small business to enhance their and their families' survival. And, using PayPal and your FFP/FFG linked card or account, you can earn miles or points with many loans!
FlyerTalkers are lending, and fulfilling one of FT's seminal values, that of "paying it forward."
Read more about Kiva.org, who supports and enables it (Intel, Google, Paypal, Intuit and many others,) and see if you have $25.00 (or more) you can lend someone deserving in a land you have visited and enjoyed (or not.)
This is how it works:
Add your experiences here, or if you haven't joined... won't you consider joining the FlyerTalker Lending Team?
You can see who the latest FT borrowers are (some still possibly needing loans) here
For ease, you can click here: Subscribe to FlyerTalker Lending Team on Kiva.org
FlyerTalker Lending Team on Kiva.org!
Mar 21, 2010, 5:05 pm
#212
A FlyerTalk Posting Legend
Join Date: Oct 2002
Location: back to my roots in Scotland!
Programs: Tamsin - what else is there to say?
Posts: 47,843
Jenbel, I have made a few loans with partners that didn't quite have wings or in countries where the "fraction of corruption" is high - like Kenya - and in most cases, things have gone well. In one or two, not - but I'll keep on with this because of the positive impact and truly few defaults.
Mar 29, 2010, 10:31 pm
#214
Join Date: May 2009
Location: GLA
Posts: 1,214
Apr 4, 2010, 5:20 pm
#215
Moderator: American AAdvantage
Original Poster
Join Date: May 2000
Location: NorCal - SMF area
Programs: AA LT Plat; HH LT Diamond, Maître-plongeur des Muccis
Posts: 62,948
We'll keep our fingers well crossed for you! It would be great to have a FlyerTalker on the inside... 
846 loans from 117 members
:-: $26,250.00 lent :-:
an average of 7 loans per FlyerTalker, and $224 lent per FTer
846 loans from 117 members
:-: $26,250.00 lent :-:
an average of 7 loans per FlyerTalker, and $224 lent per FTer
Apr 5, 2010, 9:44 am
#217
A FlyerTalk Posting Legend
Join Date: Jul 2003
Location: Yiron, Israel
Programs: Bates Motel Plat
Posts: 68,928
Okay, I just loaned $100 to Blanca Esther. I selected her on the basis of her need, her entrepreneurial motivation, and her chances of success.
(Okay, who the heck am I kidding? Most of you know me -- I chose her because she was the cutest woman I saw there.)
(Okay, who the heck am I kidding? Most of you know me -- I chose her because she was the cutest woman I saw there.)
Apr 5, 2010, 11:02 pm
#218
Join Date: May 2009
Location: GLA
Posts: 1,214
Okay, I just made three more loans to women in food production. Check out Lolita Labadan: http://www.kiva.org/lend/189544 Love the picture of a pig on a spit. Yum.
Also, it's great to see that the Flyertalk team has a higher lending rate than the Kiva average, which is 5.4
Also, it's great to see that the Flyertalk team has a higher lending rate than the Kiva average, which is 5.4
Apr 6, 2010, 7:45 pm
#219
Moderator: American AAdvantage
Original Poster
Join Date: May 2000
Location: NorCal - SMF area
Programs: AA LT Plat; HH LT Diamond, Maître-plongeur des Muccis
Posts: 62,948
I'll tell you one thing - I do not want to be part of her "inventory and working capital", spit or no spit! 
We really should go and visit her to test the quality of her lechón.
7.4 loans per member and we hit $27,000 today! Yeah, we are doing all right!
We really should go and visit her to test the quality of her lechón. 7.4 loans per member and we hit $27,000 today! Yeah, we are doing all right!
Okay, I just made three more loans to women in food production. Check out Lolita Labadan: http://www.kiva.org/lend/189544 Love the picture of a pig on a spit. Yum.
Also, it's great to see that the Flyertalk team has a higher lending rate than the Kiva average, which is 5.4
Also, it's great to see that the Flyertalk team has a higher lending rate than the Kiva average, which is 5.4
Apr 6, 2010, 8:30 pm
#220
Join Date: May 2009
Location: GLA
Posts: 1,214
Flyertalkers--
If you hadn't considered making a loan before, now is the time! You can lend money using your points/miles-earning credit card and then as the loan is paid back, you have have the funds returned to your PayPal account.
You can make loans as small as $25 or over $1000. The loans are paid back in monthly installments over the period of the loan, which is usually around 8-14 months. Although there is a small risk, I have been lending for 2 years and have a 0% default rate on my loans. Each month you can have the funds returned to you, and then use your credit card to make more loans.
As one member pointed out, this is a lot easier than carrying coins to the bank! Earn miles while helping entrepreneurs in developing countries--what could be better?
If you hadn't considered making a loan before, now is the time! You can lend money using your points/miles-earning credit card and then as the loan is paid back, you have have the funds returned to your PayPal account.
You can make loans as small as $25 or over $1000. The loans are paid back in monthly installments over the period of the loan, which is usually around 8-14 months. Although there is a small risk, I have been lending for 2 years and have a 0% default rate on my loans. Each month you can have the funds returned to you, and then use your credit card to make more loans.
As one member pointed out, this is a lot easier than carrying coins to the bank! Earn miles while helping entrepreneurs in developing countries--what could be better?
Apr 7, 2010, 1:06 pm
#221
FlyerTalk Evangelist, Ambassador: World of Hyatt
Join Date: Jul 2001
Location: NJ
Programs: Hyatt Globalist, Fairmont Lifetime Plat, UA Silver, dirt elsewhere
Posts: 46,919
I just added another 4 loans and will be adding more so that I can churn a few hundred $$ per month.
It sure does beat lugging coins, and the risk of default over a large number of loans is pretty small. I consider it a small price to pay for the miles.
I had about 20 loans outstanding and didn't do it for the miles, but the churning aspect made me take out more.
It sure does beat lugging coins, and the risk of default over a large number of loans is pretty small. I consider it a small price to pay for the miles.
I had about 20 loans outstanding and didn't do it for the miles, but the churning aspect made me take out more.
Apr 7, 2010, 2:39 pm
#222
Moderator: American AAdvantage
Original Poster
Join Date: May 2000
Location: NorCal - SMF area
Programs: AA LT Plat; HH LT Diamond, Maître-plongeur des Muccis
Posts: 62,948
BRILLIANT idea, giblet! PayPal, which allows us and Kiva to use it for free when crediting to Kiva, allows us to use those miles-generating credit cards to fund our loans. They oughta HIRE you for that... And it looks like we have one more lending team member - and Mary2e bumped us to $27,250! ^
Also fellow FT members and Kiva lenders:
Be sure to check out the BBC article online! Link.
BTW< if anyone chooses to link to FB (or is there), check out the Kiva group there too.
And it looks like we have one more lending team member - and Mary2e bumped us to $27,250! ^Also fellow FT members and Kiva lenders:
Be sure to check out the BBC article online! Link.
BTW< if anyone chooses to link to FB (or is there), check out the Kiva group there too.
Flyertalkers--
If you hadn't considered making a loan before, now is the time! You can lend money using your points/miles-earning credit card and then as the loan is paid back, you have have the funds returned to your PayPal account.
You can make loans as small as $25 or over $1000. The loans are paid back in monthly installments over the period of the loan, which is usually around 8-14 months. Although there is a small risk, I have been lending for 2 years and have a 0% default rate on my loans. Each month you can have the funds returned to you, and then use your credit card to make more loans.
As one member pointed out, this is a lot easier than carrying coins to the bank! Earn miles while helping entrepreneurs in developing countries--what could be better?
If you hadn't considered making a loan before, now is the time! You can lend money using your points/miles-earning credit card and then as the loan is paid back, you have have the funds returned to your PayPal account.
You can make loans as small as $25 or over $1000. The loans are paid back in monthly installments over the period of the loan, which is usually around 8-14 months. Although there is a small risk, I have been lending for 2 years and have a 0% default rate on my loans. Each month you can have the funds returned to you, and then use your credit card to make more loans.
As one member pointed out, this is a lot easier than carrying coins to the bank! Earn miles while helping entrepreneurs in developing countries--what could be better?
Apr 9, 2010, 9:46 am
#224
Join Date: Nov 2007
Location: Phoenix, AZ
Programs: WN A-List, Marriott Tit
Posts: 257
Kiva has been chosen as one of four finalists in the Sam’s Club “Giving Made Simple” competition, for a chance to win a $1 Million dollar grant!
Winning $1 Million would be a huge deal for Kiva. With this grant, Kiva will multiply the impact by 10 by generating approximately $10 Million more in loans from the Internet community, to help 25,000 entrepreneurs in the US and around the world. As Kiva's most committed members, I'd like to enlist your help....we can't do this without you.
What can YOU do?
Sam’s Club Members:
1. Vote Daily: Between April 8th – May 2nd on Facebook (http://www.facebook.com/samsclub?v=a...6015155&ref=ts) or Sam’s Club’s website (http://www2.samsclub.com/Giving/About/Kiva). There are only 25 days in this campaign, so your daily vote really matters!
2. Spread the Word: Tell all of your team members, friends, neighbors, followers and Kiva-lovers. Join the excitement by following Kiva on Facebook (http://www.facebook.com/kiva) and @Kiva (http://twitter.com/KIVA) on Twitter.
Not a Member? We still need your help!
1. Spread the Word: Do you know a Sam’s Club Member? Send them this link to vote for Kiva (http://www.facebook.com/kiva). Share it on Facebook, Twitter, or forward this message.
2. Re-Tweet: On April 16 and April 30, Kiva will be tweeting about the campaign. If Kiva receives the most re-tweets on these days, Kiva will receive DOUBLE the votes casted that day.
Together we can change lives. Thank you for all of your hard work and continued support!
Winning $1 Million would be a huge deal for Kiva. With this grant, Kiva will multiply the impact by 10 by generating approximately $10 Million more in loans from the Internet community, to help 25,000 entrepreneurs in the US and around the world. As Kiva's most committed members, I'd like to enlist your help....we can't do this without you.
What can YOU do?
Sam’s Club Members:
1. Vote Daily: Between April 8th – May 2nd on Facebook (http://www.facebook.com/samsclub?v=a...6015155&ref=ts) or Sam’s Club’s website (http://www2.samsclub.com/Giving/About/Kiva). There are only 25 days in this campaign, so your daily vote really matters!
2. Spread the Word: Tell all of your team members, friends, neighbors, followers and Kiva-lovers. Join the excitement by following Kiva on Facebook (http://www.facebook.com/kiva) and @Kiva (http://twitter.com/KIVA) on Twitter.
Not a Member? We still need your help!
1. Spread the Word: Do you know a Sam’s Club Member? Send them this link to vote for Kiva (http://www.facebook.com/kiva). Share it on Facebook, Twitter, or forward this message.
2. Re-Tweet: On April 16 and April 30, Kiva will be tweeting about the campaign. If Kiva receives the most re-tweets on these days, Kiva will receive DOUBLE the votes casted that day.
Together we can change lives. Thank you for all of your hard work and continued support!
Apr 13, 2010, 11:26 am
#225
Join Date: Nov 2009
Location: PHX
Programs: AA Gold, UA MM 1K, UK Gold, Marriott Titanium, IHG Plat Amb
Posts: 397
Can we take the total to 1000 loans in April?
As of 4/13 we are at 903 loans between 122 members. Is it to much to ask our community to increase the loans to 1000 by April 30th?