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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

  • Galina
    Moldova
    Galina received a loan from Eric to pay for new agricultural equipment like a tractor, to replace outdated Soviet-era machinery.
    Eric
    0% repaid
  • Carmen Rosa
    Colombia
    Carmen Rosa received a loan from Melody to buy supplies such as fabric and to fix up the space in part of her shop.
    Melody
    0% repaid
  • Petronila
    Kenya
    Petronila received a loan from Melody to purchase stocks of already manufactured hair pieces and shampoos for making the hair of clients pretty so as to meet client needs.
    Melody
    $175 to go
    Lend Now
  • Haxhirete
    Albania
    Haxhirete received a loan from Kathleen to add some more beehives to her existing ones.
    Kathleen
    0% repaid
  • Pamela
    Solomon Islands
    Pamela received a loan from Eric to buy bags of rice, sugar, biscuits, noodles, canned foods and cooking oil for her general store.
    Eric
    7% repaid
  • Beniamin
    Armenia
    Beniamin received a loan from Kathleen to buy a lot of bee families for his farm.
    Kathleen
    7% repaid
  • Mariam
    Armenia
    Mariam received a loan from Kathleen to pay for two oxen and five colonies of bees for the farm.
    Kathleen
    2% repaid
  • Adel
    Iraq
    Adel received a loan from Melody to install a new ceiling and renovate his workshop floor.
    Melody
    8% repaid
  • Asworth
    St Vincent
    Asworth received a loan from Eric to purchase two used cars, repair them and start his car rental business.
    Eric
    0% repaid
  • Haslon-Ann
    St Vincent
    Haslon-Ann received a loan from Eric to buy raw materials for book production.
    Eric
    0% repaid

Impact   Updated Hourly

30
Team Members
$2,800
Amount Loaned
112
Loans
3.7
Loans per member