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.improving lives a small loan at a time.
"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 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
FlyerTalker Lending Team on Kiva.org!
#707
A FlyerTalk Posting Legend
Join Date: Oct 2002
Location: back to my roots in Scotland!
Programs: Tamsin - what else is there to say?
Posts: 47,843
I keep adding in little bits of money when I can, as a few dollars every couple of months can be spared, but also gradually increases the amount I get to relend. However, it does mean I only donate directly to Kiva occasionally as well
#708
A FlyerTalk Posting Legend
Join Date: Jun 2004
Location: Either at the shooting range or anywhere good beer can be found...
Posts: 51,047
Selecting which loan you are going to give to is the best bit!
I keep adding in little bits of money when I can, as a few dollars every couple of months can be spared, but also gradually increases the amount I get to relend. However, it does mean I only donate directly to Kiva occasionally as well
I keep adding in little bits of money when I can, as a few dollars every couple of months can be spared, but also gradually increases the amount I get to relend. However, it does mean I only donate directly to Kiva occasionally as well
#709
A FlyerTalk Posting Legend
Join Date: Oct 2002
Location: back to my roots in Scotland!
Programs: Tamsin - what else is there to say?
Posts: 47,843
No, more like if I get to about $18 dollars, I relend, adding in the additional dollars, knowing I'm slowly building up how much I'm lending. And if the $ decreases against the Ł, then they may get a bit more.
#710
A FlyerTalk Posting Legend
Join Date: Jun 2004
Location: Either at the shooting range or anywhere good beer can be found...
Posts: 51,047
Oh, ok. I thought you'd found some way you could fund your account in small increments without having to fund the minimum to lend.
#712
A FlyerTalk Posting Legend
Join Date: Oct 2002
Location: back to my roots in Scotland!
Programs: Tamsin - what else is there to say?
Posts: 47,843
There are a number of loans which are actually coming close to expiring without being fully funded...
#713
A FlyerTalk Posting Legend
Join Date: Jun 2004
Location: Either at the shooting range or anywhere good beer can be found...
Posts: 51,047
#714
Join Date: Jan 2004
Location: Louisville, KY, USA
Posts: 2,583
Milepoint has far fewer users but a bigger and more robust Kiva team. Time for us to find a way to use our membership base to grow our Flyertalk Kiva team. To show my support, I am going to join the Flyertalk team today and will credit a loan to it next month.
As for the Flyertalk Kiva members, keep on lending. These are not donations (donate too though) and quickly come back as repayments and funds to relend. I tried at the start to stay with loans of 1 year or less to get fast repayments.
As for the Flyertalk Kiva members, keep on lending. These are not donations (donate too though) and quickly come back as repayments and funds to relend. I tried at the start to stay with loans of 1 year or less to get fast repayments.
#715
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
Join Date: Dec 2002
Location: MUC
Programs: LH SEN
Posts: 48,161
The last thing a Kiva donation/microlend activity should be is to show if your(team)s is larger than others. MPs lending bonanza has dual use and its been stated a few times that FTs Kiva team is not out to beat anyone but just record who is doing what.
#716
Join Date: Jan 2004
Location: Louisville, KY, USA
Posts: 2,583
The Flyertalk community has always been a warm and caring community. I believe we need to get the word out about Kiva so that more Flyertalkers will join and make loans.
Flyertalk is making a difference but could have even more impact. What can we do to cause that to happen?
I mentioned Milepoint only because it shows that the frequent traveler community supports Kiva. Bigger than Milepoint is the Friends of Bob Harris team. But teams should compete only with themselves. On Bob's birthday I and others at Milepoint joined and made loans.
Kiva allows us to make a difference one $25 loan at a time. It is a cheap feel good and the money can be reloaned over and over. I hope more Flyertalkers will join.
I have joined the Flyertalk team to show my support for its efforts and for Kiva. I'd be honored if this exchange inspires you to make one new Kiva loan and credit it to the team of your choice.
#717
A FlyerTalk Posting Legend
Join Date: Oct 2002
Location: back to my roots in Scotland!
Programs: Tamsin - what else is there to say?
Posts: 47,843
Welcome to the team
I think you underestimate the FT Kiva team's impact - given that Randy learned of Kiva on FT (as indeed many of us have), we're responsible for an awful lot of good
I think you underestimate the FT Kiva team's impact - given that Randy learned of Kiva on FT (as indeed many of us have), we're responsible for an awful lot of good
#718
Join Date: Jan 2004
Location: Louisville, KY, USA
Posts: 2,583
I'll make my first FT Kiva loan when my next Kiva pledge comes due or on the 15th when repayments start to flow; sooner maybe.
#719
Join Date: Jan 2006
Location: FAT
Programs: AA mm, Hilton Dime, Hyatt Xpl.& PC Plat, Miracle Fruit-su club
Posts: 1,694
[QUOTE=oliver2002;17363928]The last thing a Kiva donation/microlend activity should be is to show if your(team)s is larger than others.
Which begs the question of who has the most active member
Which begs the question of who has the most active member