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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 yearly interest you earn on this amount, even in high-yield savings, usually won’t even top $100 on $10,000 in the current interest rate climate. How many Kiva entrepreneurs could you help with that money? (Answer: up to 800!*)

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/geographical regions (“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 suggestions minimizes the risk inherent in loaning on Kiva.

*Assuming you invest the $10,000 in individual $25 loans of

Location: Everywhere      

 

Latest Messages  

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Team Activity

  • Annah
    Kenya
    Annah received a loan from Robert Sanek to buy more inventory of shoes and bags.
    Robert Sanek
    0% repaid
  • Beatrice
    Kenya
    Beatrice received a loan from Robert Sanek to add to her stock of ingredients for preparing food.
    Robert Sanek
    0% repaid
  • Alfred
    Rwanda
    Alfred received a loan from Robert Sanek to buy more construction materials to sell.
    Robert Sanek
    0% repaid
  • Edina
    Kenya
    Edina received a loan from Robert Sanek to buy a dairy cow to establish a stable business.
    Robert Sanek
    0% repaid
  • Shem
    Kenya
    Shem received a loan from Robert Sanek to buy more stocks of Agrovet products to have a stable business.
    Robert Sanek
    0% repaid
  • Olimjon
    Tajikistan
    Olimjon received a loan from Robert Sanek to increase the size of his flock.
    Robert Sanek
    0% repaid
  • Philip
    Kenya
    Philip received a loan from Robert Sanek to buy a cow to provide a stable income.
    Robert Sanek
    0% repaid

Impact   Updated Hourly

12
Team Members
$44,125
Amount Loaned
1,742
Loans
145.2
Loans per member

Rankings In Events Category

#2 for Amount Loaned (All Time)
#2 for Amount Loaned (This Month)
#4 for Amount Loaned (Last Month)