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3: Dec 1, 11:23
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6: Nov 29, 16:44
7: Nov 29, 08:01
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Posts: 153
In response to
"
Question about KIVA
"
by
Fuzzy
You do get interest. But I usually give my interest back to KIVA for operating costs
Posted by
amoxy (aka amoxy)
Dec 29 '11, 11:16
I think I have made $10 worth of interest in 2 years
Responses:
? 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
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