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.
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.
4 messages. Join the team to get in on the action!
Leonard's Group received a loan from Keith to purchase a solar light and gain access to cost efficient hybrid seeds and fertilizer for maize cultivation.0% repaid
Demetrio received a loan from Hugo Britt to buy items to prepare blessing rites, amulets and other spells.
Nhóm 7 Thôn 7 Quảng Giao Group received a loan from 1 team members to purchase baby poultry to raise and sell in the future.
George's Group received a loan from Keith to purchase hybrid seeds and fertilizer to improve harvests of maize.
Patrick's Group received a loan from Keith to purchase hybrid seeds and fertilizer to improve maize harvests.
James' Group received a loan from Keith to purchase hybrid seeds and fertilizer for the cultivation of maize, as well as a solar light.
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