ST Alpha - "KIVA lending group is up to 13 members! Here is the link if you want to join the team" (Reading a Post)

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KIVA lending group is up to 13 members! Here is the link if you want to join the team

Posted by amoxy (aka amoxy) Dec 29 '11, 10:57

Next week, we will have a poll of what loan to join together on

If not a member of KIVA, join KIVA first then the team (kiva.org)

Responses:

Question about KIVA - Fuzzy Dec 29, 11:13 8
- You do get interest. But I usually give my interest back to KIVA for operating costs - amoxy Dec 29, 11:16 7
  - ? It is my understanding that Kiva lenders do not get interest. The field partners get interest, but it doesn't trickle up to us. {nm} - Banzai! Dec 29, 11:26 3
    - I know I have loaned $25 and gotten back $27-28 -- nm - amoxy Dec 29, 11:41 2
      - Have you made more than 1 loan? If you make 4 Kiva loans, after a few months, you would have enough repaid to make another, so you might have loaned - Banzai! Dec 29, 12:32
      - Perhaps that's from fluctuating currency exchange rates? -- nm - nubby Dec 29, 11:52
  - I'm not asking because I'm interested in profit. It simply struck me as a really sweet deal for the local banks. - Fuzzy Dec 29, 11:23 2
    - #OCCUPYBAMBOOSTREET -- nm - Blanc de Noirs methode zeitgeist Dec 29, 11:52
    - Yeah, that was my sticking point for the longest time. We get nothing out of it, and the field partners get 20-35% on the money they lend. Kinda sketc - Banzai! Dec 29, 11:28
As long as we're posting ST teams, if you're on Steam, there's on there as well -- (link) - oblique Dec 29, 11:00 1
- joined - znufrii Dec 29, 11:01

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