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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      

 

Latest Messages  

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Team Activity

  • Alejandra
    Philippines
    Alejandra received a loan from Robert Sanek to buy additional stock like canned goods, beers, detergent soap, noodles, soft drinks, candies, snack foods, sanitary pads, etc., to sell.
    Robert Sanek
    0% repaid
  • Josephine
    Philippines
    Josephine received a loan from Robert Sanek to buy items to sell like shampoo, groceries, etc.
    Robert Sanek
    0% repaid
  • Evelyn
    Philippines
    Evelyn received a loan from Robert Sanek to purchase more items like sugar, soap, canned goods, and other groceries.
    Robert Sanek
    0% repaid
  • Ledesma
    Philippines
    Ledesma received a loan from Robert Sanek to buy more groceries to sell in her store.
    Robert Sanek
    0% repaid
  • Dympna
    Philippines
    Dympna received a loan from Robert Sanek to buy fertilizer and other farm supplies.
    Robert Sanek
    0% repaid
  • Lenie
    Philippines
    Lenie received a loan from Robert Sanek to buy feed and vitamins for her pigs.
    Robert Sanek
    12% repaid
  • Myden
    Philippines
    Myden received a loan from Robert Sanek to buy additional stock to sell like canned goods, egg, milk, sugar, etc.
    Robert Sanek
    20% repaid
  • Leonila
    Philippines
    Leonila received a loan from Robert Sanek to buy items like shampoo and groceries to sell.
    Robert Sanek
    12% repaid
  • Nilda
    Philippines
    Nilda received a loan from Robert Sanek to buy more items like shampoo, sugar, soap and other groceries.
    Robert Sanek
    8% repaid
  • Jumalyn
    Philippines
    Jumalyn received a loan from Robert Sanek to buy feed and vitamins for her pigs.
    Robert Sanek
    24% repaid

Impact   Updated Hourly

7
Team Members
$32,625
Amount Loaned
1,282
Loans
183.1
Loans per member

Rankings In Events Category

#8 for New Users (Last Month)
#3 for Amount Loaned (All Time)
#1 for Amount Loaned (Last Month)