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FlyerTalker Lending Team on Kiva.org!

FlyerTalker Lending Team on Kiva.org!

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Old May 16, 16, 12:51 am   -   Wikipost
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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's 607 FlyerTalk lending team who have lent $2,209,175 in 37,092 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 Jan 8, 13, 9:49 pm
  #1051  
 
Join Date: May 2012
Posts: 12
Originally Posted by onthego15 View Post
Kiva is active in over 60 countries.
Here is a list I maintain:
http://milepoint.com/forums/threads/...ry-list.19074/
Thanks! This will be very useful. Too bad Bosnia isn't on the list anymore. I used to work for an organization that supports Bosnians that moved to America during the war.
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Old Jan 9, 13, 7:11 am
  #1052  
 
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Originally Posted by TheDream View Post
Thanks! This will be very useful. Too bad Bosnia isn't on the list anymore. I used to work for an organization that supports Bosnians that moved to America during the war.
Kiva is constantly adding new countries and have also gone back to countries it has been in before (with new field partners). But if you are really interested in Bosnia specifically, you should search for microlending organizations that work in that country. Kiva is certainly not the only organization connecting with microlending around the world.
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Old Jan 15, 13, 12:39 pm
  #1053  
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Just used a portion of my repayments to make another loan, this one to Vera.
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Old Jan 15, 13, 6:52 pm
  #1054  
 
Join Date: Jan 2004
Location: Louisville, KY, USA
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Flyertalk is in the top ten common interest teams again this month. Way to go.
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Old Jan 15, 13, 7:15 pm
  #1055  
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I just applied a bunch of gift cards from the holidays!

Go Team FlyerTalk!
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Old Jan 16, 13, 4:06 am
  #1056  
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You've got to love lending to a lender who is able to repay his loan 10 months early because he has done so well
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Old Jan 16, 13, 6:56 am
  #1057  
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Originally Posted by Jenbel View Post
You've got to love lending to a lender who is able to repay his loan 10 months early because he has done so well
That is very nice! I've not had one repay that early, although one of mine just repaid his 7 months early.

I keep a spreadsheet of loans, how much has been repaid, etc. Yes, I know, I could get all of that from Kiva, but the site is hit or miss at work. I love moving loans to the top when they're repaid.
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Old Jan 17, 13, 5:10 pm
  #1058  
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Originally Posted by Jenbel View Post
You've got to love lending to a lender who is able to repay his loan 10 months early because he has done so well
Yup.

I've noticed some of the very early repayments are actually refinancing. The kiva loan establishes a credit history and then switch to some other MFI/lender.
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Old Jan 17, 13, 5:12 pm
  #1059  
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Originally Posted by kipper View Post
That is very nice! I've not had one repay that early, although one of mine just repaid his 7 months early.

I keep a spreadsheet of loans, how much has been repaid, etc. Yes, I know, I could get all of that from Kiva, but the site is hit or miss at work. I love moving loans to the top when they're repaid.
Ha - I have a repaid flag in my spreadsheet which triggers conditional formatting to visually indicate the loan has been repaid.
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Old Jan 19, 13, 6:31 pm
  #1060  
 
Join Date: Jul 2012
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1st donation!

I joined Kiva some time ago but never made a loan.
Today i found that Flyertalk had a Group and that was the push i needed to start!

I just joined the Group and made my first loan to Jamshed in Tajikistan.


have a great weekend,
Daniel.
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Old Jan 19, 13, 11:35 pm
  #1061  
Moderator: American AAdvantage & TravelBuzz
 
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Originally Posted by danieldan View Post
I joined Kiva some time ago but never made a loan.
Today i found that Flyertalk had a Group and that was the push i needed to start!

I just joined the Group and made my first loan to Jamshed in Tajikistan.


have a great weekend,
Daniel.
w00t! Welcome to the team, Daniel!
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Old Jan 21, 13, 9:07 pm
  #1062  
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My first Kiva loan has one more payment. I've donated the payments back to Kiva for operating expenses.

About to make my 2nd loan.

You folks inspire me to do so.
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Old Jan 22, 13, 4:43 pm
  #1063  
 
Join Date: Jan 2004
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Originally Posted by oldpenny16 View Post
My first Kiva loan has one more payment. I've donated the payments back to Kiva for operating expenses.

About to make my 2nd loan.

You folks inspire me to do so.
And you inspire us. I make a habit of donating the equivalent of one loan a month to Kiva. I encourage everyone to donate something to help fund its operations.
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Old Jan 24, 13, 4:50 pm
  #1064  
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Moderator action

Zidisha posts (they are off topic here) have moved from the Kiva Team thread to their own thread , to be open soon.

Thanks for your patience.

JDiver, Senior Moderator
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Old Jan 24, 13, 4:52 pm
  #1065  
Moderator: American AAdvantage, Mexico, Technical Support and Feedback, The Suggestion Box and Talkboard Topics
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What KyRoamer said!

I donate a percentage of a loan to Kiva itself for their operating expenses; donations of that sort are tax deductible within the USA (Internal Revenue Service), so keep track of 'em.

Originally Posted by oldpenny16 View Post
My first Kiva loan has one more payment. I've donated the payments back to Kiva for operating expenses.

About to make my 2nd loan.

You folks inspire me to do so.
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