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FlyerTalker Lending Team on Kiva.org!

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Old Dec 20, 2015, 4:45 am
FlyerTalk Forums Expert How-Tos and Guides
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.

"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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FlyerTalker Lending Team on Kiva.org!

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Old Dec 31, 2015 | 8:53 am
  #1216  
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Just making my final loans to be able to deduct the portions I give to Kiva for admin purposes from my 2015 taxes. (Reminder bump)
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Old Mar 14, 2016 | 8:39 am
  #1217  
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Originally Posted by JY1024
3 months later...time for another update.

As of today (24 April 2015), we're at:

508 Team Members
$1,298,250 Amount Loaned
24,725 Loans

Just a little more, and we'll have hit 25K loans! :-:

Well, about 48 weeks ago, we were at ~$1.3 MM and ~25K loans; now we're at:

595 Team Members
$2,062,400 Amount Loaned
34,620 Loans

Woohoo! Almost 10 thousand additional loans and we've now broken the $2 MM mark! ^:-:
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Old Mar 14, 2016 | 10:20 am
  #1218  
 
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Thanks for the updates✈️
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Old May 12, 2016 | 9:10 pm
  #1219  
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Made my first loans to Madagascar! ^
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Old May 12, 2016 | 9:21 pm
  #1220  
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Originally Posted by JY1024
Made my first loans to Madagascar! ^
Well done! I only need five more countries to complete my "collection" lol... Belize, Benin, Mauritania, Papua New Guinea & Vanuatu. There were several Belize loans posted this week, but I kept missing them.
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Old May 12, 2016 | 9:33 pm
  #1221  
Senior Moderator and Moderator: American AAdvantage & TravelBuzz
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Originally Posted by skitch23
Well done! I only need five more countries to complete my "collection" lol... Belize, Benin, Mauritania, Papua New Guinea & Vanuatu. There were several Belize loans posted this week, but I kept missing them.
Wow - very impressive diversification! ^

I have a long way to go to match your feat...I'm still missing 34 from my collection. (Though I've apparently made about 10 loans to Benin! Unfortunately, most of them ended with a currency exchange loss.)
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Old May 13, 2016 | 3:27 am
  #1222  
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I'm on Kiva. I'll have to move my team to Flyertalk.

I usually loan to females for education or business. I have loaned once or twice for silly reasons such as the sad looking guy in his late 30's who was single and still lived at home. He wanted a tv to watch in his room.

Just did another loan. It does make you feel good.

Last edited by Annalisa12; May 13, 2016 at 3:37 am
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Old May 14, 2016 | 11:29 am
  #1223  
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Originally Posted by Annalisa12
I'm on Kiva. I'll have to move my team to Flyertalk.

I usually loan to females for education or business. I have loaned once or twice for silly reasons such as the sad looking guy in his late 30's who was single and still lived at home. He wanted a tv to watch in his room.

Just did another loan. It does make you feel good.
It sounds like you are targeting your loans where they'll do the most good (mostly! ).

We'll be happy to welcome you. Our team, started in 2008, today has 607 members have lent $2,209,175 in 37,092 loans.

Last edited by JDiver; May 14, 2016 at 12:08 pm
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Old May 29, 2016 | 8:13 am
  #1224  
 
Join Date: Apr 2016
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Just made my first loan ... to a fishwoman in the Phillipines. Love this idea!
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Old May 29, 2016 | 8:43 am
  #1225  
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Originally Posted by frugalprincess
Just made my first loan ... to a fishwoman in the Phillipines. Love this idea!
Congrats! ^ Welcome to the team
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Old May 30, 2016 | 7:06 am
  #1226  
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Originally Posted by frugalprincess
Just made my first loan ... to a fishwoman in the Phillipines. Love this idea!
Welcome to FlyerTalk and to the FlyerTalk lending team!

You've helped us get to our current figures:

610 TEAM MEMBERS

$2,251,475 AMOUNT LOANED

37,527 LOANS

61.5 LOANS PER MEMBER
That's a lot of boost for small entrepreneurs!
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Old May 31, 2016 | 6:03 am
  #1227  
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Originally Posted by frugalprincess
Just made my first loan ... to a fishwoman in the Phillipines. Love this idea!
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Old Jul 1, 2016 | 8:34 am
  #1228  
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Originally Posted by JDiver
Welcome to FlyerTalk and to the FlyerTalk lending team!

You've helped us get to our current figures:



That's a lot of boost for small entrepreneurs!
Fun and making a difference at the same time!
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Old Jul 28, 2016 | 2:56 pm
  #1229  
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Just made my 1,000th loan today in just shy of 17 months of lending!

875 of those loans were credited to FT and I have an overall loss of 0.77% from defaults & currency losses. Not bad! That's cheaper than most methods of MS and I did a heck of a lot of good for others

Here's to the next 1,000!
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Old Jul 29, 2016 | 7:59 am
  #1230  
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Originally Posted by skitch23
Just made my 1,000th loan today in just shy of 17 months of lending!

875 of those loans were credited to FT and I have an overall loss of 0.77% from defaults & currency losses. Not bad! That's cheaper than most methods of MS and I did a heck of a lot of good for others

Here's to the next 1,000!
Congratulations! That's quite an accomplishment.
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