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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  

4 messages. Join the team to get in on the action!

Team Activity

  • Askarali
    Tajikistan
    Askarali received a loan from jason to purchase an ice cream machine, a refrigerator, and a water cooler.
    jason
    5% repaid
  • Munhtulga
    Mongolia
    Munhtulga received a loan from jason to purchase spare parts to replace on his car.
    jason
    8% repaid
  • Dulguun
    Mongolia
    Dulguun received a loan from jason to renovate his old house.
    jason
    2% repaid
  • Narzigul
    Tajikistan
    Narzigul received a loan from jason to purchase a refrigerator and merchandise for resale.
    jason
    13% repaid
  • Annonciata
    Rwanda
    Annonciata received a loan from jason to buy more fertilizer and to support labor costs during rice production.
    jason
    0% repaid
  • Nancy Yaniris
    Honduras
    Nancy Yaniris received a loan from Mark to purchase materials for the manufacture of home cleaning products and for the cost of processing an operations permit.
    Mark
    8% repaid

Impact   Updated Hourly

47
Team Members
$16,225
Amount Loaned
480
Loans
10.2
Loans per member