5.
Many groups lend together through Kiva. However, we are still
working on a formal group feature for the website -- so at this point,
it is not possible for us to collect and aggregate payments for one
account. However, you can designate one individual to be your group's
account administrator who manages the payment process and receives all
email updates from Kiva. It is up to you how you want to pool
your money together, but please note that in an effort to keep our
operational expenses low, we only accepts checks for amounts
over $1000.
Once you have set up the account, you can share the URL for your
lender page with your group members. This lender page will display the
loans in your groups portfolio, and it will also display what amount
of
money has been repaid by each entrepreneur. And remember, from your lender
page, your members will be able to click on the name of an entrepreneur and
view the entrepreneur's profile page where all journal entries are posted.
You can make the URL for your lender page reflect the name of your
group by entering the name of your group in the first name and last
name boxes that appear during the setup process. You also have the
opportunity to create a lender name that reflects the spirit of your
group when you create your account.
Look at the
Kivapedia Groups page to view a few of the groups who currently lend through Kiva.