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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 Sep 29, 18, 6:21 pm
  #1321  
Moderator: American AAdvantage, Mexico, Technical Support and Feedback, The Suggestion Box and Talkboard Topics
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Join Date: May 2000
Location: NorCal - SMF area
Programs: AA LT Plat; HH LT Diamond, Maître-plongeur des Muccis
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Originally Posted by GNRMatt View Post
I just made my first donation through here...great way to give back!
Welcome to the team!
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Old Oct 1, 18, 11:14 am
  #1322  
Moderator: American AAdvantage, Mexico, Technical Support and Feedback, The Suggestion Box and Talkboard Topics
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Join Date: May 2000
Location: NorCal - SMF area
Programs: AA LT Plat; HH LT Diamond, Maître-plongeur des Muccis
Posts: 60,055
I think we can, I think we can... hit $5 million dollars lent by our team by the end of this year! For now 1 Oct 2018 0900 Pacific)

Impact

863 TEAM MEMBERS

$4,950,775 AMOUNT FUNDED

58,566 LOANS

67.9 LOANS PER MEMBER

Rankings Across All Teams

#9 for Amount Funded (Last Month)

Rankings In Common Interest Category

#8 for Amount Funded (All Time)
#8 for Amount Funded (This Month)
#5 for Amount Funded (Last Month)
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Old Oct 4, 18, 1:29 pm
  #1323  
2019 FlyerTalk Awards
 
Join Date: Oct 2015
Location: BOS, PVD
Programs: AA, AS, BA, B6, UA, WN, 2V, IHG Plat Elite, Marriott/SPG Gold Elite, MR, TYP
Posts: 603
#8 funded all time, awesome! Wonder which teams are ahead of us and by how much...
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Old Oct 5, 18, 12:41 pm
  #1324  
Moderator: American AAdvantage, Mexico, Technical Support and Feedback, The Suggestion Box and Talkboard Topics
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Join Date: May 2000
Location: NorCal - SMF area
Programs: AA LT Plat; HH LT Diamond, Maître-plongeur des Muccis
Posts: 60,055
Originally Posted by financialhippie View Post
#8 funded all time, awesome! Wonder which teams are ahead of us and by how much...
Link
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Old Oct 14, 18, 9:28 pm
  #1325  
Moderator: American AAdvantage, Mexico, Technical Support and Feedback, The Suggestion Box and Talkboard Topics
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Join Date: May 2000
Location: NorCal - SMF area
Programs: AA LT Plat; HH LT Diamond, Maître-plongeur des Muccis
Posts: 60,055
And, we’ve hit it, fellow team members! What a wonderful effort.

870 team members

58,886 loans

$5,033,100 lent
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Old Oct 23, 18, 4:46 pm
  #1326  
 
Join Date: Jan 2017
Programs: Delta Platinum, SPG platinum, UA, AA, American, Marriott, Hilton,
Posts: 1
kiva is a wonderful program
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Old Nov 2, 18, 4:35 pm
  #1327  
 
Join Date: Jan 2013
Posts: 39
Wow! Such a great program! I just joined, now I have to learn more about it. Seems we are in the group, but selecting individually to whom we each loan money? What a fun and rewarding program! Thanks for sharing (and for having the link in your signature, @JDiver !
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Old Nov 2, 18, 5:21 pm
  #1328  
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Originally Posted by gypsyardor View Post
Wow! Such a great program! I just joined, now I have to learn more about it. Seems we are in the group, but selecting individually to whom we each loan money? What a fun and rewarding program! Thanks for sharing (and for having the link in your signature, @JDiver !
I always add to a raising funds FT loan
Link--->https://www.kiva.org/team/flyertalke...us=fundRaising
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Old Nov 3, 18, 12:32 am
  #1329  
Moderator: American AAdvantage, Mexico, Technical Support and Feedback, The Suggestion Box and Talkboard Topics
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Join Date: May 2000
Location: NorCal - SMF area
Programs: AA LT Plat; HH LT Diamond, Maître-plongeur des Muccis
Posts: 60,055
Originally Posted by gypsyardor View Post
Wow! Such a great program! I just joined, now I have to learn more about it. Seems we are in the group, but selecting individually to whom we each loan money? What a fun and rewarding program! Thanks for sharing (and for having the link in your signature, @JDiver !
Thank you!

Yes, we’re a team (think “herding cats”) who lend or very individual reasons, and have a lot of fun doing it.

For me it makes much more sense than struggling to sort out requests for handouts on the streets, etc. And with over $5 million to date (mind boggling) a lot of FTers are quietly making differences in people’s lives around the world).
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Old Jan 9, 19, 12:08 am
  #1330  
Moderator: American AAdvantage & TravelBuzz
 
Join Date: Nov 2007
Location: BOS
Programs: AA EXP, SPG Plat
Posts: 9,713
Happy new year!!

Figure I’d use this as an opportunity/excuse to update the forum with our current stats:

885 team members

$5,321,425 in loans funded

62,918 loans made

Amazing work everyone!
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Old Jan 9, 19, 10:44 am
  #1331  
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Join Date: Jul 2015
Programs: HH Diamond, WN RR, National Exec, Avis Preferred
Posts: 590
Just stumbled upon this while reading another thread. Signed up today and joined FlyerTalk team. Great works!!!
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Old Jan 23, 19, 3:18 pm
  #1332  
2019 FlyerTalk Awards
 
Join Date: Aug 2008
Location: Somewhere in Florida
Posts: 1,574
It's been ~8 months or so since my last stats, so I'll update them for those thinking about getting involved with Kiva and those currently participating:

Started in Dec 2015.
Amount Lent: $12,150
Amount Defaulted: $14.90
Amount of Currency Rate Loss: $0.41
Total losses: $15.31
$15.31 / $12,150 = 0.0012600823 or 0.126%.

US inflation for the same time period was 6.22%.

So, I've made 432 loans, got the chance to help out at least that many people, and earned ~48k UR points for $15.31. Not as great of an average as before, but still one heck of a deal. I would have liked to hit Kiva a bit harder during this time period, but life gets in the way at times. Hoping to do much more this year.

Defaulted loans: 2 total.
1) $25. Total loan was $8050 in Rwanda. Debtor paid back $22.95, thus $2.05 loss. I'm not upset about this one.
2) $50. Total loan was $500, in the Philippines. Debtor paid back $37.08, thus $12.92 loss. Annoyed by this, but still they paid back 74% of the loan, so I can't be too upset.
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