FlyerTalker Lending Team on Kiva.org!
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.)
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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Sep 29, 18, 6:21 pm
#1321
Moderator: American AAdvantage, Mexico, Technical Support and Feedback, The Suggestion Box and Talkboard Topics
Original Poster
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 GNRMatt
I just made my first donation through here...great way to give back!
Oct 1, 18, 11:14 am
#1322
Moderator: American AAdvantage, Mexico, Technical Support and Feedback, The Suggestion Box and Talkboard Topics
Original Poster
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)
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)
Oct 5, 18, 12:41 pm
#1324
Moderator: American AAdvantage, Mexico, Technical Support and Feedback, The Suggestion Box and Talkboard Topics
Original Poster
Join Date: May 2000
Location: NorCal - SMF area
Programs: AA LT Plat; HH LT Diamond, Maître-plongeur des Muccis
Posts: 60,055
Oct 14, 18, 9:28 pm
#1325
Moderator: American AAdvantage, Mexico, Technical Support and Feedback, The Suggestion Box and Talkboard Topics
Original Poster
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
870 team members
58,886 loans
$5,033,100 lent
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
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 !
Nov 2, 18, 5:21 pm
#1328
FlyerTalk Evangelist
Join Date: Apr 2001
Location: MEL CHC
Posts: 12,870
Originally Posted by gypsyardor
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 !
Link--->https://www.kiva.org/team/flyertalke...us=fundRaising
Nov 3, 18, 12:32 am
#1329
Moderator: American AAdvantage, Mexico, Technical Support and Feedback, The Suggestion Box and Talkboard Topics
Original Poster
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
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 !
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).
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!
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!
Jan 9, 19, 10:44 am
#1331
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!!!
Jan 23, 19, 3:18 pm
#1332
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.
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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