Originally Posted by
oliver2002
I'm curating 1000$ collected at SMD 1 & 2 back in 2009-10 and relend it without withdrawal, and the losses are staggering.
Code:
Deposits
Your deposits $1,000.00
Kiva Card redemptions $0.00
Kiva Card cancellations $0.00
Subtotal $1,000.00
Deductions
Donations to Kiva $0.00
Currency losses ($30.13)
Default losses ($330.75)
Kiva Card purchases $0.00
Withdrawals $0.00
Subtotal ($360.88)
Total credit in Kiva $639.12
The biggest defaults were in the US. I remember making abut 10 loans in the US, all matched by capital one. All of them bent bust.
I've had my biggest losses by far in the U.S.