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!
#826
A FlyerTalk Posting Legend
Join Date: Jun 2004
Location: Either at the shooting range or anywhere good beer can be found...
Posts: 50,972
ROFL! "Let's lend one for the kipper".
Over the 465 loans I have made, my loss rate is closer to ~0.8%, but I have purposely made a very few loans I felt were riskier. And a couple of them certainly were. My reaction: just relent $250 paid back with another 10% to support Kiva.
Over the 465 loans I have made, my loss rate is closer to ~0.8%, but I have purposely made a very few loans I felt were riskier. And a couple of them certainly were. My reaction: just relent $250 paid back with another 10% to support Kiva.
#829
FlyerTalk Evangelist
Join Date: Apr 2001
Location: MEL CHC
Posts: 20,920
This is true.
http://www.kiva.org/lend/410893
Igor only needs $325 until his loan is fully funded. Anyone up for helping him hit that mark?
http://www.kiva.org/lend/410893
Igor only needs $325 until his loan is fully funded. Anyone up for helping him hit that mark?
64 months is a long term but so be it
#832
FlyerTalk Evangelist
Join Date: Apr 2001
Location: MEL CHC
Posts: 20,920
#833
A FlyerTalk Posting Legend
Join Date: Jun 2004
Location: Either at the shooting range or anywhere good beer can be found...
Posts: 50,972
Thanks everyone!!! I really appreciate it! I think this is a great example of how we can all work together and help others!
#834
A FlyerTalk Posting Legend
Join Date: Jun 2004
Location: Either at the shooting range or anywhere good beer can be found...
Posts: 50,972
To thank everyone for rallying to fully fund Igor's loan, I just kicked in another $25 to a different loan to help fund it.
Ketevan's loan is now fully funded as well.
For some reason, seeing loans become fully funded causes me to smile.
Ketevan's loan is now fully funded as well.
For some reason, seeing loans become fully funded causes me to smile.
Last edited by kipper; Apr 23, 2012 at 8:29 am
#835
Join Date: Apr 1999
Location: Northport, NY
Posts: 1,730
Flyertalk vs Milepoint
Impact of FlyerTalkers Number of Team Members 290
Number of Loans 6,403
Number of Loans per Member 22.1
Total Amount Loaned $223,225 since October 13,2008
Impact of Milepoint Number of Team Members 766
Number of Loans 46,806
Number of Loans per Member 61.1
Total Amount Loaned $2,557,425 since February 12, 2011
Milepoint must have some heavy hitters!
Number of Loans 6,403
Number of Loans per Member 22.1
Total Amount Loaned $223,225 since October 13,2008
Impact of Milepoint Number of Team Members 766
Number of Loans 46,806
Number of Loans per Member 61.1
Total Amount Loaned $2,557,425 since February 12, 2011
Milepoint must have some heavy hitters!
#836
Join Date: May 2009
Location: GLA
Posts: 1,212
Children's Communities Cambodia
giblet here, reporting from Cambodia (nope, I still haven't left!).
Sorry, I realized this probably wasn't the best place to post this so I removed it here and made a new thread here: http://www.flyertalk.com/forum/flyer...s-charity.html
Mods, my apologies and please feel free to delete.
Sorry, I realized this probably wasn't the best place to post this so I removed it here and made a new thread here: http://www.flyertalk.com/forum/flyer...s-charity.html
Mods, my apologies and please feel free to delete.
Last edited by giblet; Apr 28, 2012 at 3:49 am
#837
A FlyerTalk Posting Legend
Join Date: Jun 2004
Location: Either at the shooting range or anywhere good beer can be found...
Posts: 50,972
Impact of FlyerTalkers Number of Team Members 290
Number of Loans 6,403
Number of Loans per Member 22.1
Total Amount Loaned $223,225 since October 13,2008
Impact of Milepoint Number of Team Members 766
Number of Loans 46,806
Number of Loans per Member 61.1
Total Amount Loaned $2,557,425 since February 12, 2011
Milepoint must have some heavy hitters!
Number of Loans 6,403
Number of Loans per Member 22.1
Total Amount Loaned $223,225 since October 13,2008
Impact of Milepoint Number of Team Members 766
Number of Loans 46,806
Number of Loans per Member 61.1
Total Amount Loaned $2,557,425 since February 12, 2011
Milepoint must have some heavy hitters!
#838
Join Date: Jan 2004
Location: Louisville, KY, USA
Posts: 2,583
Of the 3,202 lending teams in the "Common Interest" category, we stand at number 15 by amount loaned.
#839
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
Join Date: Dec 2002
Location: MUC
Programs: LH SEN
Posts: 48,001
#840
A FlyerTalk Posting Legend
Join Date: Jun 2004
Location: Either at the shooting range or anywhere good beer can be found...
Posts: 50,972