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!
#1231
Senior Moderator and Moderator: American AAdvantage & TravelBuzz
Join Date: Nov 2007
Location: BOS
Programs: AA EXP, Marriott Titanium
Posts: 10,413
Just made my 1,000th loan today in just shy of 17 months of lending!
875 of those loans were credited to FT and I have an overall loss of 0.77% from defaults & currency losses. Not bad! That's cheaper than most methods of MS and I did a heck of a lot of good for others
Here's to the next 1,000!
875 of those loans were credited to FT and I have an overall loss of 0.77% from defaults & currency losses. Not bad! That's cheaper than most methods of MS and I did a heck of a lot of good for others
Here's to the next 1,000!
#1232
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 hit a couple of mile posts:
Team FlyerTalk:
Impact
633 TEAM MEMBERS
$2,404,750 AMOUNT LOANED
39,718 LOANS
62.7 LOANS PER MEMBER
- 1,000th loan today.
- $25,000 lent via Team FlyerTalk as of today.
Impact
633 TEAM MEMBERS
$2,404,750 AMOUNT LOANED
39,718 LOANS
62.7 LOANS PER MEMBER
Last edited by JDiver; Jul 29, 2016 at 8:31 pm
#1234
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 will be sure to look for your followup, given it appears you may have merely replicated an old post:
JDiver, Moderator
Last edited by JDiver; Sep 1, 2016 at 6:24 pm
#1236
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
#1237
Senior Moderator and Moderator: American AAdvantage & TravelBuzz
Join Date: Nov 2007
Location: BOS
Programs: AA EXP, Marriott Titanium
Posts: 10,413
As of today (Oct 28), we are at:
659 TEAM MEMBERS
$2,582,825 AMOUNT LOANED
42,020 LOANS
63.8 LOANS PER MEMBER
And a big welcome to the 10 new members who joined our team this month! ^
#1240
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
#1242
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
One thing you can do is to subscribe to the thread. It's not nearly as active as our Kiva lending, but it can be a reminder.
Last edited by JDiver; Feb 3, 2017 at 8:01 pm
#1243
Senior Moderator and Moderator: American AAdvantage & TravelBuzz
Join Date: Nov 2007
Location: BOS
Programs: AA EXP, Marriott Titanium
Posts: 10,413
Recently, I hit major personal lending milestone. And I have JDiver to thank, as he was the one that inspired me to sign-up for Kiva and start lending. ^
By the way, our team is now up to:
688 TEAM MEMBERS
$2,845,875 AMOUNT LOANED
45,044 LOANS
Hopefully it won't take us too much longer to hit $3 million!
#1244
Join Date: Mar 2016
Location: MSP & MCO
Programs: DL PM & NRSA, AA Gold, ANA Plat, Hilton Gold, Marriott Gold, National EC Exec, GE, CLEAR
Posts: 1,225
Meanwhile our friends at InsideFlyer have also donated around $13M
It's a long shot, but lets see if we can beat them (promote, promote, promote). I plan on joining fairly soon as well, once I get a tad more money in the coming weeks.
Friendly competition never hurt right?
Let's change lives.
Collectively we've already loaned $2,851,250 and I know that number can get even higher. Perhaps 3 mil on the 3rd month of the year .
Anyways great job so far guys, I really look forward to jumping in soon as well. ^
It's a long shot, but lets see if we can beat them (promote, promote, promote). I plan on joining fairly soon as well, once I get a tad more money in the coming weeks.
Friendly competition never hurt right?
Let's change lives.
Collectively we've already loaned $2,851,250 and I know that number can get even higher. Perhaps 3 mil on the 3rd month of the year .
Anyways great job so far guys, I really look forward to jumping in soon as well. ^