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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 yearly interest you earn on this amount, even in high-yield savings, usually won’t even top $100 on $10,000 in the current interest rate climate. How many Kiva entrepreneurs could you help with that money? (Answer: up to 800!*)

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/geographical regions (“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 suggestions minimizes the risk inherent in loaning on Kiva.

*Assuming you invest the $10,000 in individual $25 loans of

Location: Everywhere      

 

Latest Messages  

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

Team Activity

  • Willard
    Kenya
    Willard received a loan from Robert Sanek to pay for 4 months tuition at Moringa School, Nairobi's top coding school.
    Robert Sanek
  • Hau
    Vietnam
    Hau received a loan from Robert Sanek to buy items to sell like canned goods, beverages, condiments, home product care and other groceries.
    Robert Sanek
  • Dennis
    Honduras
    Dennis received a loan from Robert Sanek to buy a freezer to increase sales and offer a wider range of products in his grocery store.
    Robert Sanek
  • Rama Tungwa
    Kenya
    Rama Tungwa received a loan from Robert Sanek a loan of KES 30,000 will help Rama expand his operations with increased stock.
    Robert Sanek
  • Intan
    Indonesia
    Intan received a loan from Robert Sanek to purchase additional prepaid airtime credit for helping community members who need access to communication service.
    Robert Sanek

Impact   Updated Hourly

22
Team Members
$76,500
Amount Loaned
2,203
Loans
100.1
Loans per member

Rankings In Events Category

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