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In response to
"I know I have loaned $25 and gotten back $27-28 -- nm"
by
amoxy
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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
Posted by
Banzai!
Dec 29 '11, 12:32
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out $125 from an initial deposit of $100...from Kiva's site:
The Field Partner collects repayments from Kiva entrepreneurs as well as any interest due and lets Kiva know if a repayment was not made as scheduled. Interest rates are set by the Field Partner, and that interest is used to cover the Field Partner's operating costs. Kiva doesn't charge interest to its Field Partners and does not provide interest to lenders. Kiva also gives Field Partners the option to cover currency losses. Learn more.
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