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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

  • Armine
    Armenia
    Armine received a loan from Kathleen to buy several bee families and also several piglets to develop her farm.
    Kathleen
    0% repaid
  • Elizabeth
    Namibia
    Elizabeth received a loan from Eric to purchase lighting products for sale to local businesses and sales agents who will then sell the products retail.
    Eric
    0% repaid
  • Andriansyah
    Indonesia
    Andriansyah received a loan from Melody to process more mobile services for his community.
    Melody
    0% repaid
  • Phillipsonne
    Madagascar
    Phillipsonne received a loan from Eric to buy basic needs products (oil, eggs, rice, flour...).
    Eric
    33% repaid
  • Jean Claude
    Madagascar
    Jean Claude received a loan from Eric to buy a stock of used shoes.
    Eric
    22% repaid
  • Valentina
    Bolivia
    Valentina received a loan from Kathleen to buy vegetables in bulk in order to satisfy her customers.
    Kathleen
    13% repaid
  • Fanny Lastenia
    Ecuador
    Fanny Lastenia received a loan from Kathleen to buy provisions, school supplies, clothes, etc.
    Kathleen
    25% repaid
  • Norma
    El Salvador
    Norma received a loan from Melody to invest in brick, wire, cement, sand, gravel and iron to build a fence around her home.
    Melody
    21% repaid
  • Mohammad
    Egypt
    Mohammad received a loan from Eric to buy a camera and a PC.
    Eric
    8% repaid

Impact   Updated Hourly

29
Team Members
$2,550
Amount Loaned
102
Loans
3.5
Loans per member