Originally Posted by
brooklynmatt
Quickly checked my loan status today, 27 delinquent from 318 loans @ $25 each...
Are these through 1 field partner? It can be the field partner in the country that has problems, more the the people who have taken the loan. Spreading your money around several field partners reduces the risk. I have a delinquency rate of 4.77% and a default rate of 0.77%, most from 2 unscrupulous field partners. I consider Kiva as a donation and not a commercial loan.
Last edited by Mwenenzi; Jun 7, 2012 at 4:46 pm
Reason: spelling