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We loan because...
It helps others and it's fun... The goal of this team is to be a team for everyone. A sort of catch-all the accepts everyone no matter what your interests, location, or background.

One of the best videos on microfinance: www.goo.gl/sVkdK4 It's of Muhammad Yunus, the developer of microfinance.

We want to grow Kiva by inviting people to it. Kiva's invite rate is 0.28 (as of 1.17.13). If we could bring that to 1.0 or near 1.0, Kiva would grow near exponentially. All a 1.0 invite rate means is that each person on Kiva successfully invites just one other new person to Kiva. I know we can do it. You can generally invite people to Kiva here: www.kiva.org/portfolio/invites or specifically to team Universe and Kiva here: www.kiva.org/team/universe/recruit

Another interesting tidbit: "The microfinance sector currently has an estimated total loan volume of USD 25 bn. Yet, it is unable to serve more than a fraction (~100 m) of today's total sector demand of roughly 1 bn micro-borrowers. This situation translates into an immense funding gap estimated at around USD 250 bn." see www.goo.gl/Lg6hIC

We want our team to be a catch all that anyone with any interest can join. But we also want to invite tons of other people to join Kiva. Let's make Kiva grow.

***** There might be free $25 loan if someone accepts your invite. Go to: www.kiva.org/portfolio/invites

Another name for our team could be "All" or "Other" because we are a catch all for anything and everything else. Everyone is encouraged to join this team, no matter what your interests.

Sure, we want to lend to others. But perhaps even more important is to invite all of our friends through email, Facebook, and whatever else.

We want more and more people to use Kiva through whatever means available, including telling our friends, Kiva gifts cards, Twitter, and, when available, the free $25 first-timer loans: www.kiva.org/portfolio/invites

My story is an interesting example: I've invited hundreds, if not thousands of people, primarily by using my email contacts, but also through Facebook. I've only been able to make 33 loans so far, but my successful invitees have collectively made 34 loans. Out of the hundreds or thousand of invites I've sent out, only 3 have been successful. But those invites have had a greater total dollar impact than my own lending.

When you look at the successful invites that my invites have sent, the impact is even greater.

Most of us can make a little difference by lending a little of our money, but we can make a huge difference by getting a few of our friends to lend a little money as well, and then passing it on down the line.

My journey with Kiva all started with my sister giving me a gift card, it took almost the whole year, just before it expired, for me to even use it. Don't get discouraged if your invites seem to go unnoticed. It might take thousands of invites before someone accepts and makes their first loan. But that person might be Bill Gates, or might invite Bill Gates.

I don't think most people join Kiva because they stumbled upon it, they join it because they were invited by someone just like you.

Were you invited to Kiva?

Location: The Universe       Team website

 

Latest Messages  

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

Team Activity

  • Rosette
    Rwanda
    Rosette received a loan from Melody to buy more items such as biscuits, soap, books, and pens for sale.
    Melody
    0% repaid
  • Kasangadzi Group
    Malawi
    Kasangadzi Group received a loan from Eric to buy various goods for the restaurant such as rice and chicken.
    Eric
    0% repaid
  • Philip
    Kenya
    Philip received a loan from Kathleen to buy beehives and apiary materials, and begin honey production.
    Kathleen
    0% repaid
  • Leonille
    Zambia
    Leonille received a loan from Melody to increase her working capital by buying more empty crates and bottles.
    Melody
    0% repaid
  • Koke Ko Su Village
    Myanmar (Burma)
    Koke Ko Su Village received a loan from Eric to help 29 villagers buy livestock to raise.
    Eric
    0% repaid
  • Silas
    Kenya
    Silas received a loan from Eric to buy a motorcycle.
    Eric
    16% repaid
  • Anna
    Armenia
    Anna received a loan from Kathleen to pay for eight colonies of bees and sugar as a forage for bees.
    Kathleen
    5% repaid
  • Donedu Group
    Lao People's Democratic Republic
    Donedu Group received a loan from Eric to purchase TerraClear water filters so they can have access to safe drinking water.
    Eric
    19% repaid
  • Eva Juana
    Bolivia
    Eva Juana received a loan from Kathleen to develop her beekeeping business.
    Kathleen
    0% repaid

Impact   Updated Hourly

29
Team Members
$2,100
Amount Loaned
84
Loans
2.9
Loans per member