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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

  • Ermia
    United States
    Ermia received a loan from Dr Mark Glickman which helps purchase signage for the building to attract customers, buy more business equipment, enable advertising,purchase goods and inventory to get started and provides start up working capital.
    Dr Mark Glickman
  • Sherbanu
    India
    Sherbanu received a loan from Lawrence to increase the procurement and sale of ready-made ladies' clothes like kurti, t-shirts, leggings, dresses, etc.
    Lawrence
  • Vinita
    Thailand
    Vinita received a loan from Lawrence to invest in a bulk purchase of cotton and silk.
    Lawrence
  • Destin
    Congo (DRC)
    Destin received a loan from Lawrence to pay for schooling fees.
    Lawrence

Impact   Updated Hourly

39
Team Members
$205,350
Amount Funded
2,512
Loans
64.4
Loans per member

Rankings In Events Category

#2 for Amount Funded (All Time)