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Kiva Lender Alan
Location:
Toronto, Ontario, Canada
I loan because:
Kiva has lost the plot. They pay excessive management salaries (CEO $800k) and charge unconscionable fees to field partners.
Their financial statements are here: https://www.kiva.global/annual-reports-and-finances/
About me:
I was a top 0.01% Kiva lender. I have lost confidence in the organization as a result of changes in fundamental values at the top.