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Kiva Lending Team: Kiva Melbourne (pro-savings, against high-interest loans)
We loan because...
we naively believed that "loans could change lives" for the better. In fact, high-interest loans often change lives for the worse or simply stop people escaping poverty and becoming financially independent.
About us
This group is now changing. It is against funding high-interest loans and wants Kiva to shift its model to facilitate savings by the poor. I.e. Use our funds to make savings more accessible, safer, lower-cost and higher-yield (e.g. matching funds).
To the original members, please feel free to leave the group if you aren't happy with this change. New members, please only join if you agree with the above.
Location: Melbourne
Latest Messages
12 messages. Join the team to get in on the action!
Impact Updated Daily
47
Team Members
$14,425
Amount Loaned
418
Loans
8.9
Loans per member
Team Loans
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Latest activity
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Lefa & Tim made a loan which helps Edwin Edgardo purchase goods such as bottles and cans
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Tien made a loan which helps Dusabe Group to increase her capital and buy additional goats which will be resold, in order to make more money.
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jason made a loan which helps Mario to buy bricks, sand, cement, wood, and corrugated metal roofing so that his family will have greater comfort.
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