Click to enlarge

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      

 

Latest Messages  

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

Team Activity

  • Lolita
    Philippines
    Lolita received a loan from Robert Sanek to purchase additional stock to sell for her direct selling Avon business.
    Robert Sanek
    $175 to go
    Lend Now
  • Meliza
    Philippines
    Meliza received a loan from Robert Sanek to buy additional items to sell like eggs, charcoal, shampoo, bread, groceries, etc.
    Robert Sanek
    $75 to go
    Lend Now
  • Elvira
    Philippines
    Elvira received a loan from Robert Sanek to buy additional materials and tools for the maintenance of her business.
    Robert Sanek
    0% repaid
  • Constancia
    Philippines
    Constancia received a loan from Robert Sanek to buy coffee, sugar, eggs, bread, canned goods, detergent soap, and other groceries to sell.
    Robert Sanek
    $350 to go
    Lend Now
  • Imelda
    Philippines
    Imelda received a loan from Robert Sanek to purchase additional sacks of rice grains to sell.
    Robert Sanek
    0% repaid
  • Felisa
    Philippines
    Felisa received a loan from Robert Sanek to buy additional piglets, feeds, and vaccines for her business.
    Robert Sanek
    0% repaid
  • Janet
    Philippines
    Janet received a loan from Robert Sanek to buy additional stock to sell.
    Robert Sanek
    0% repaid
  • Ritchie
    Philippines
    Ritchie received a loan from Robert Sanek to purchase additional stocks to sell like can goods, egg, cream, shampoo, etc.
    Robert Sanek
    0% repaid
  • Susan
    Philippines
    Susan received a loan from Robert Sanek to buy fishing materials like gasoline and fishing net.
    Robert Sanek
    0% repaid
  • Helen
    Philippines
    Helen received a loan from Robert Sanek to buy additional fish to sell.
    Robert Sanek
    0% repaid

Impact   Updated Hourly

6
Team Members
$31,775
Amount Loaned
1,248
Loans
208.0
Loans per member

Rankings In Events Category

#6 for New Users (This Month)
#3 for Amount Loaned (All Time)
#1 for Amount Loaned (This Month)
#4 for Amount Loaned (Last Month)