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!
Jan 8, 2013, 8:49 pm
#1051
Join Date: May 2012
Posts: 13
Kiva is active in over 60 countries.
Here is a list I maintain:
http://milepoint.com/forums/threads/...ry-list.19074/
Here is a list I maintain:
http://milepoint.com/forums/threads/...ry-list.19074/
Jan 9, 2013, 6:11 am
#1052
Join Date: Mar 2010
Location: mountains of western NC
Programs: Life, Love and Laughter
Posts: 8,537
Kiva is constantly adding new countries and have also gone back to countries it has been in before (with new field partners). But if you are really interested in Bosnia specifically, you should search for microlending organizations that work in that country. Kiva is certainly not the only organization connecting with microlending around the world.
Jan 16, 2013, 5:56 am
#1057
A FlyerTalk Posting Legend
Join Date: Jun 2004
Location: Either at the shooting range or anywhere good beer can be found...
Posts: 51,047
That is very nice! I've not had one repay that early, although one of mine just repaid his 7 months early. I keep a spreadsheet of loans, how much has been repaid, etc. Yes, I know, I could get all of that from Kiva, but the site is hit or miss at work.
I love moving loans to the top when they're repaid.
Jan 17, 2013, 4:10 pm
#1058
Moderator, Hilton Honors
Join Date: Nov 2003
Location: on a short leash
Programs: some
Posts: 71,422
I've noticed some of the very early repayments are actually refinancing. The kiva loan establishes a credit history and then switch to some other MFI/lender.
Jan 17, 2013, 4:12 pm
#1059
Moderator, Hilton Honors
Join Date: Nov 2003
Location: on a short leash
Programs: some
Posts: 71,422
That is very nice! I've not had one repay that early, although one of mine just repaid his 7 months early. I keep a spreadsheet of loans, how much has been repaid, etc. Yes, I know, I could get all of that from Kiva, but the site is hit or miss at work.
I love moving loans to the top when they're repaid.
Jan 19, 2013, 5:31 pm
#1060
Join Date: Jul 2012
Programs: AA
Posts: 17
1st donation!
I joined Kiva some time ago but never made a loan.
Today i found that Flyertalk had a Group and that was the push i needed to start!
I just joined the Group and made my first loan to Jamshed in Tajikistan.
have a great weekend,
Daniel.
Today i found that Flyertalk had a Group and that was the push i needed to start!
I just joined the Group and made my first loan to Jamshed in Tajikistan.
have a great weekend,
Daniel.
Jan 19, 2013, 10:35 pm
#1061
Senior Moderator and Moderator: American AAdvantage & TravelBuzz
Join Date: Nov 2007
Location: BOS
Programs: AA EXP, Marriott Titanium
Posts: 10,416
Jan 21, 2013, 8:07 pm
#1062
FlyerTalk Evangelist
Join Date: Jan 2002
Location: west of DFW airport
Programs: AA LT Gold 1.9 MM flying my way to LT PLAT
Posts: 11,074
My first Kiva loan has one more payment. I've donated the payments back to Kiva for operating expenses.
About to make my 2nd loan.
You folks inspire me to do so.
About to make my 2nd loan.
You folks inspire me to do so.
Jan 22, 2013, 3:43 pm
#1063
Join Date: Jan 2004
Location: Louisville, KY, USA
Posts: 2,583
And you inspire us. I make a habit of donating the equivalent of one loan a month to Kiva. I encourage everyone to donate something to help fund its operations.
Jan 24, 2013, 3:50 pm
#1064
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
Moderator action
Zidisha posts (they are off topic here) have moved from the Kiva Team thread to their own thread , to be open soon.
Thanks for your patience.
JDiver, Senior Moderator
Thanks for your patience.
JDiver, Senior Moderator
Jan 24, 2013, 3:52 pm
#1065
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
What KyRoamer said!
I donate a percentage of a loan to Kiva itself for their operating expenses; donations of that sort are tax deductible within the USA (Internal Revenue Service), so keep track of 'em.
I donate a percentage of a loan to Kiva itself for their operating expenses; donations of that sort are tax deductible within the USA (Internal Revenue Service), so keep track of 'em.