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!
Jun 20, 2010, 9:59 am
#303
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
Those who wish can keep up with giblet's excellent adventure here, and soon enough, on the Kiva Fellows pages. If we are fortunate, she will visit some of those in Cambodia we have lent to, and can read about her observations and their progress; how cool is that? ^
giblet will be looking forward to this kind of climate (summed up in three words - hot, wet, HUMID):
(Metric values)
giblet will be looking forward to this kind of climate (summed up in three words - hot, wet, HUMID):
(Metric values)
Last edited by JDiver; Jun 22, 2010 at 7:40 pm Reason: add
Jun 29, 2010, 7:54 pm
#304
Join Date: Nov 2004
Location: Ann Arbor
Programs: HHonors Gold , National Emerald Exec, Hertz Presidents, Delta Gold
Posts: 2,604
Finally picked some worthy causes and took the plunge tonight. Picked at least one MAXIMA and several that came up when searching for the term "bike".
Jun 29, 2010, 8:02 pm
#305
In Memoriam, FlyerTalk Evangelist
Join Date: Nov 2002
Location: Southern California
Programs: DL: 3.8 MM, Marriott: Lifetime Titanium
Posts: 24,575
Thanks for joining us!
But it's really not much of a plunge. 98% of the money gets paid back and then you can re-loan it. I've only been burned once and that was for $25 so I think I'll survive financially.
The 15% tithe to Kiva Corporate, which I do on every loan, does eat into your capital and thus requires a refresh every so often.
But, by and large, I'm a huge supporter of micro-financing.
But it's really not much of a plunge. 98% of the money gets paid back and then you can re-loan it. I've only been burned once and that was for $25 so I think I'll survive financially.
The 15% tithe to Kiva Corporate, which I do on every loan, does eat into your capital and thus requires a refresh every so often.
But, by and large, I'm a huge supporter of micro-financing.
Jun 29, 2010, 9:32 pm
#308
Join Date: Nov 2004
Location: Ann Arbor
Programs: HHonors Gold , National Emerald Exec, Hertz Presidents, Delta Gold
Posts: 2,604
By plunge, I mean more trying a new website and signing up, rather than the money. I really am a creature of habit.
And thanks for pointing out the 15% was optional.
I didn't realize that! LOL!
Hence, my apprehension of new websites!
Jul 15, 2010, 5:13 am
#309
FlyerTalk Evangelist
Join Date: Apr 2001
Location: MEL CHC
Posts: 21,029
Time to lend out again
Loans are now being re paid:- time to lend out again ^.
Statistic Name FlyerTalkers
Number of Team Members 138
Number of Loans 1321
Number of Loans per Member 9.6
Total Amount Loaned $39,700
Will soon get to $40K. The FT Team on Kiva.
To add to a loan made by by others FTer's click FT loans here. It will list those still raising funds.
Subscribe to this thread using thread tools (top of the page). Or just click here: Subscribe to FlyerTalker Lending Team on Kiva.org
Statistic Name FlyerTalkers
Number of Team Members 138
Number of Loans 1321
Number of Loans per Member 9.6
Total Amount Loaned $39,700
Will soon get to $40K. The FT Team on Kiva.
To add to a loan made by by others FTer's click FT loans here. It will list those still raising funds.
Subscribe to this thread using thread tools (top of the page). Or just click here: Subscribe to FlyerTalker Lending Team on Kiva.org
Jul 15, 2010, 5:57 am
#310
A FlyerTalk Posting Legend
Join Date: Jul 2003
Location: Yiron, Israel
Programs: Bates Motel Plat
Posts: 68,928
Jul 15, 2010, 2:06 pm
#311
Join Date: May 2009
Location: GLA
Posts: 1,214
I just wanted to let you know that there's a Kiva event in SF tonight, if anyone is in the Bay Area.
Here are the details: http://www.kiva.org/blog/2010/07/06/...july-15th.html
Here are the details: http://www.kiva.org/blog/2010/07/06/...july-15th.html
Jul 15, 2010, 3:12 pm
#312
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
Good luck with that!
I've had enough loans come back to reloan again - and there are some loans which are expiring soon which still need lenders.
I've had enough loans come back to reloan again - and there are some loans which are expiring soon which still need lenders.
Jul 15, 2010, 3:26 pm
#313
A FlyerTalk Posting Legend
Join Date: Jul 2003
Location: Yiron, Israel
Programs: Bates Motel Plat
Posts: 68,928
I will probably keep investing $100 per month until I get enough loans going to be able to fund all new loans from them. However, even the $100 is less than I usually pay when I take the UIG out to dinner in Italy or Switzerland, and if I think of it that way it Kiva is actually a very minor expense for me.
Jul 15, 2010, 3:47 pm
#314
FlyerTalk Evangelist
Join Date: Apr 2001
Location: MEL CHC
Posts: 21,029
Statistic Name FlyerTalkers
Number of Team Members 139
Number of Loans 1335
Number of Loans per Member 9.6
Total Amount Loaned $40,000
1 new FTer join the team and 14 loans in the last 12 hours
Number of Team Members 139
Number of Loans 1335
Number of Loans per Member 9.6
Total Amount Loaned $40,000
1 new FTer join the team and 14 loans in the last 12 hours
Last edited by Mwenenzi; Jul 15, 2010 at 3:54 pm
Jul 16, 2010, 3:02 am
#315
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
Join Date: Dec 2002
Location: MUC
Programs: LH SEN
Posts: 48,186
SMD2009 got some money back, but the balance is just 98.01$, so just 3 loans today, so 5 so far this month