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We loan because...
Why keep money sitting around somewhere when it could be much more useful as capital for entrepreneurs?

About us
Many people have large amounts of money just lying around, not accruing interest or being utilized in any useful way. This team is about making that money work – by shifting excess unused capital from your household into Kiva, you can help others while staying financially secure!

Keeping a high balance in your checking/savings account is unnecessary for many people. The interest you earn on this amount, even in high-yield savings, usually won’t even top $100 on $10,000 in one year. How many Kiva entrepreneurs could you help with that money? (Answer: up to 400!)

Shift some of that redundant money to Kiva and help alleviate poverty!

Notes: Since this money is being shifted from funds that you are somewhat used to having at your disposition, it is important that you are selective with your loans. You can loan to whoever you want, but it’s prudent to have this money available in a reasonable amount of time. Remember, you cannot get money from Kiva back immediately; you have to wait for repayments. That’s why we recommend investing in short-term loans of 5 or 6 months (so your repayments come in quickly and you can recoup all of your capital within half a year), spreading loans across multiple entrepreneurs/field partners (“diversifying” your loans to mitigate risk), and choosing field partners that have at least a 3-star rating (higher ratings means less delinquent/defaulted loans). Following these rules minimizes the risk inherent in loaning on Kiva.

Location: Everywhere      

 

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Team Activity

  • Dorcas
    Kenya
    Dorcas received a loan from Robert Sanek to buy more stock of juice and water, as well as farm inputs.
    Robert Sanek
    0% repaid
  • Enerson
    Philippines
    Enerson received a loan from Robert Sanek to improve his farming business and to pay for labor.
    Robert Sanek
    0% repaid
  • Juma
    Uganda
    Juma received a loan from Robert Sanek to buy more electronic gardgets like radios to sell.
    Robert Sanek
    12% repaid
  • Alejandra
    Philippines
    Alejandra received a loan from Robert Sanek to buy more stocks to sell like bed sheets, and cloth.
    Robert Sanek
    0% repaid
  • Geraldine
    Philippines
    Geraldine received a loan from Robert Sanek to buy soy sauce, catsup, cooking oil, spices and charcoal.
    Robert Sanek
    11% repaid
  • Josephine
    Philippines
    Josephine received a loan from Robert Sanek to buy clay and pay for delivery and transport of goods.
    Robert Sanek
    26% repaid
  • Annet
    Uganda
    Annet received a loan from Robert Sanek to buy food for her restaurant to sell.
    Robert Sanek
    12% repaid
  • Imelda
    Philippines
    Imelda received a loan from Robert Sanek to buy more cloth and other materials used in sewing.
    Robert Sanek
    0% repaid
  • Merlina
    Philippines
    Merlina received a loan from Robert Sanek to buy feed, fertilizer and seedlings.
    Robert Sanek
    22% repaid

Impact   Updated Hourly

5
Team Members
$27,625
Amount Loaned
1,082
Loans
216.4
Loans per member

Rankings In Events Category

#4 for Amount Loaned (All Time)
#3 for Amount Loaned (Last Month)