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FlyerTalker Lending Team on Kiva.org!

FlyerTalker Lending Team on Kiva.org!

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Old Jun 29, 19, 11:18 pm   -   Wikipost
Please read: This is a community-maintained wiki post containing the most important information from this thread. You may edit the Wiki once you have been on FT for 90 days and have made 90 posts.
 
Last edit by: wilsnunn
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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.

"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.)
Since June 2008, a FlyerTalker Lending Team has formed on Kiva.org; there were ten of us with 55 loans worth $1,375.00 as of Feb 27, 2009. But...

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
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Old Apr 20, 12, 2:47 pm
  #826  
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Originally Posted by JDiver View Post
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.
Igor now only needs $300 to fully fund his loan!
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Old Apr 20, 12, 3:48 pm
  #827  
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$275
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Old Apr 20, 12, 6:54 pm
  #828  
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$250.

Normally I lend to women as women really got short shrift in a lot of the world. But this time, I lent for the Kipper.
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Old Apr 20, 12, 9:09 pm
  #829  
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Originally Posted by kipper View Post
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?
Added $25. (so that's 4 from FT) Igor needs another $200
64 months is a long term but so be it
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Old Apr 21, 12, 11:33 am
  #830  
 
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Count me in... he only needs $75 now!
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Old Apr 21, 12, 12:36 pm
  #831  
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And we are not to shout at kipper if he defaults
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Old Apr 21, 12, 7:13 pm
  #832  
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Igor is fully funded now, including 5 from FT

Now I always add to loans that other FT'ers have also funded.
Moses needs more funding. Loan was distributed 22 March.
Go to the FT team then click on loans.

Last edited by Mwenenzi; Apr 21, 12 at 7:33 pm
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Old Apr 23, 12, 7:29 am
  #833  
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Originally Posted by SanDiego1K View Post
$250.

Normally I lend to women as women really got short shrift in a lot of the world. But this time, I lent for the Kipper.
I usually do as well, but also try to focus mine in the Ukraine, and his popped up as being close to being fully funded, so...
Originally Posted by Mwenenzi View Post
Added $25. (so that's 4 from FT) Igor needs another $200
64 months is a long term but so be it
Originally Posted by stdatwmu View Post
Count me in... he only needs $75 now!
Originally Posted by Jenbel View Post
And we are not to shout at kipper if he defaults

Originally Posted by Mwenenzi View Post
Igor is fully funded now, including 5 from FT

Now I always add to loans that other FT'ers have also funded.
Moses needs more funding. Loan was distributed 22 March.
Go to the FT team then click on loans.
Thanks everyone!!! I really appreciate it! I think this is a great example of how we can all work together and help others!
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Old Apr 23, 12, 8:16 am
  #834  
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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.

Last edited by kipper; Apr 23, 12 at 8:29 am
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Old Apr 27, 12, 12:49 pm
  #835  
 
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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!
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Old Apr 27, 12, 10:09 pm
  #836  
 
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Red face 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.

Last edited by giblet; Apr 28, 12 at 3:49 am
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Old Apr 28, 12, 10:46 am
  #837  
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Originally Posted by Schutzee View Post
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!
Must we compare FlyerTalk donations to Milepoint donations?
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Old Apr 28, 12, 8:43 pm
  #838  
 
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Originally Posted by Schutzee View Post
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
That's impressive.

Of the 3,202 lending teams in the "Common Interest" category, we stand at number 15 by amount loaned.
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Old Apr 30, 12, 2:46 am
  #839  
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Originally Posted by kipper View Post
Must we compare FlyerTalk donations to Milepoint donations?
I guess FTer have not discovered their altruist sentiment yet... alternatively they must have other means to get CC spend up or redeem Amex GCs in a different route.
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Old Apr 30, 12, 5:57 am
  #840  
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Originally Posted by oliver2002 View Post
I guess FTer have not discovered their altruist sentiment yet... alternatively they must have other means to get CC spend up or redeem Amex GCs in a different route.
Or, they just haven't joined the FT team.
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