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    <title>topic Re: Kiva loan :) in Community Spirit</title>
    <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/1768168#M494116</link>
    <description>&lt;P&gt;Everything you need to know here, Rabbit.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&lt;A target="_blank" href="http://www.kiva.org/help/interestRateComparison"&gt;http://www.kiva.org/help/interestRateComparison&lt;/A&gt;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;OL&gt;&lt;OL&gt;&lt;LI&gt;&lt;BR /&gt;Field Partner interest rates are a highly affordable alternative to the local money lender&lt;BR /&gt;&lt;BR /&gt;&lt;UL&gt;&lt;UL&gt;&lt;LI&gt;Local money lenders - often the only option for poor entrepreneurs to get a loan - charge interest rates ranging from 60% to 800% annualized.&lt;/LI&gt;&lt;/UL&gt;&lt;/UL&gt;&lt;BR /&gt;&lt;UL&gt;&lt;UL&gt;&lt;LI&gt;A poor entrepreneur can generate greater benefits from additional units of capital than can a highly capitalized business, because she or he begins with so little.&lt;/LI&gt;&lt;/UL&gt;&lt;/UL&gt;&lt;BR /&gt;&lt;UL&gt;&lt;UL&gt;&lt;LI&gt;According to the World Bank, studies covering India, Kenya, and the Philippines found that the average annual return on investments by microbusinesses ranged from 117 to 847 percent.&lt;/LI&gt;&lt;/UL&gt;&lt;/UL&gt;&lt;BR /&gt;&lt;BR /&gt;&lt;/LI&gt;&lt;/OL&gt;&lt;/OL&gt;&lt;P&gt;&lt;BR /&gt;&lt;BR /&gt;&lt;/P&gt;&lt;OL&gt;&lt;OL&gt;&lt;LI&gt;&lt;BR /&gt;The costs of making a micro-loan in the developing world are higher versus larger loans in the West.&lt;BR /&gt;&lt;BR /&gt;&lt;UL&gt;&lt;UL&gt;&lt;LI&gt;Cost of screening - Field Partners must screen entrepreneurs who commonly have no credit history, no collateral, are frequently illiterate, and often live in remote areas. To responsibly assess the credit worthiness of each entrepreneur, the cost is higher than the West where most everyone has a credit score and screening / loan application can be done electronically.&lt;/LI&gt;&lt;/UL&gt;&lt;/UL&gt;&lt;BR /&gt;&lt;UL&gt;&lt;UL&gt;&lt;LI&gt;Cost of in person collections - Field Partner staff typically travel to each entrepreneur on a monthly basis to make collections. Compared to the West, where mail and internet repayments are standard, the costs are higher.&lt;/LI&gt;&lt;/UL&gt;&lt;/UL&gt;&lt;BR /&gt;&lt;UL&gt;&lt;UL&gt;&lt;LI&gt;Cost as a size of the loan - If the Field Partner's actual cost per loan is $25, the percentage cost is 0.25 percent for a $10,000 loan, but 25 percent for a $100 loan.&lt;/LI&gt;&lt;/UL&gt;&lt;/UL&gt;&lt;BR /&gt;&lt;BR /&gt;&lt;/LI&gt;&lt;/OL&gt;&lt;/OL&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;OL&gt;&lt;LI&gt;&lt;BR /&gt;Field Partners must charge an interest rate that allows them to pursue their social impact agenda sustainably.&lt;BR /&gt;&lt;BR /&gt;&lt;UL&gt;&lt;UL&gt;&lt;LI&gt;In order for Field Partners to reach more of the poor with relatively low interest loans (vs. local money lender), they need to cover their costs.&lt;/LI&gt;&lt;/UL&gt;&lt;/UL&gt;&lt;BR /&gt;&lt;UL&gt;&lt;UL&gt;&lt;LI&gt;Given the higher costs of microloans discussed above, Field Partners must charge a sufficient interest rate.&lt;/LI&gt;&lt;/UL&gt;&lt;/UL&gt;&lt;BR /&gt;&lt;UL&gt;&lt;LI&gt;Kiva aspires to provide transparency around the social impact and relative Field Partner interest rates in order to ensure to reward Field Partner that successfully create social value while lowering their costs to do so.&lt;/LI&gt;&lt;/UL&gt;&lt;/LI&gt;&lt;/OL&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;</description>
    <pubDate>Tue, 07 Apr 2015 06:33:44 GMT</pubDate>
    <dc:creator>j*oono</dc:creator>
    <dc:date>2015-04-07T06:33:44Z</dc:date>
    <item>
      <title>Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/141847#M55415</link>
      <description>Aww my 14 year old son just happily paid for a Kiva loan out of his own money. I suggested it to him after showing him the one I did last night and he didn't hesitate to say yes.&lt;BR /&gt;
&lt;BR /&gt;
Just a little bit proud that he did that :-x</description>
      <pubDate>Fri, 21 Oct 2011 11:13:44 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/141847#M55415</guid>
      <dc:creator>cosmosgrove</dc:creator>
      <dc:date>2011-10-21T11:13:44Z</dc:date>
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      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/141904#M55435</link>
      <description>Kiva is awesome.  I've made several loans through them.   Your son should be very proud of himself, because I've tried to get many of my adult friends to loan through Kiva and no-one has been intersted.</description>
      <pubDate>Fri, 21 Oct 2011 11:15:34 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/141904#M55435</guid>
      <dc:creator>**girl_interrupted**</dc:creator>
      <dc:date>2011-10-21T11:15:34Z</dc:date>
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      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/141948#M55447</link>
      <description>What is ...Kiva?</description>
      <pubDate>Fri, 21 Oct 2011 11:22:02 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/141948#M55447</guid>
      <dc:creator>benscot25</dc:creator>
      <dc:date>2011-10-21T11:22:02Z</dc:date>
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    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/141957#M55453</link>
      <description>Never heard of a kiva loan...what is it?</description>
      <pubDate>Fri, 21 Oct 2011 11:24:40 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/141957#M55453</guid>
      <dc:creator>blondie.inc</dc:creator>
      <dc:date>2011-10-21T11:24:40Z</dc:date>
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    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/141983#M55463</link>
      <description>We recently returned from one of those countries, so I'm not sure he would have done it 6 weeks ago. &lt;BR /&gt;
&lt;BR /&gt;
I have a couple of friends that make loans and it's one of those things I've been meaning to get around to :8} but really have only heard of it this year.</description>
      <pubDate>Fri, 21 Oct 2011 11:27:20 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/141983#M55463</guid>
      <dc:creator>cosmosgrove</dc:creator>
      <dc:date>2011-10-21T11:27:20Z</dc:date>
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    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142002#M55470</link>
      <description>&lt;BLOCKQUOTE&gt;&lt;TABLE border="1"&gt;&lt;TBODY&gt;&lt;TR&gt;&lt;TD&gt;Never heard of a kiva loan...what is it?&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/BLOCKQUOTE&gt;&lt;BR /&gt;
&lt;BR /&gt;
From the website&lt;BR /&gt;
&lt;BR /&gt;
"We are a non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25 to help create opportunity around the world."</description>
      <pubDate>Fri, 21 Oct 2011 11:28:34 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142002#M55470</guid>
      <dc:creator>cosmosgrove</dc:creator>
      <dc:date>2011-10-21T11:28:34Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142080#M55501</link>
      <description>Kiva is based on microfinance where you loan money whichy goes directly to a person/s in a devleoping country to help them improve their lives.  It could be to help them in their business, for example , I lent some money to a lady who had a soft drink business to buy more soft drinks to sell.  She repaid the loan in full and business has really picked up.  &lt;BR /&gt;
&lt;BR /&gt;
I like it a lot because it's a more bottom-up/grass-roots approach where the money ACTUALLY gets to the poor people rather than corrupt govts getting the money and feathering their own nests with it.</description>
      <pubDate>Fri, 21 Oct 2011 11:33:41 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142080#M55501</guid>
      <dc:creator>**girl_interrupted**</dc:creator>
      <dc:date>2011-10-21T11:33:41Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142103#M55511</link>
      <description>So...what's the website address, what a beautiful idea.&lt;BR /&gt;
I was an investor in micro loans re Burmuda fishermen and women. They got forgotten when the investment dollar in Burmuda became bigger than the concern for the local fisherman/woman.</description>
      <pubDate>Fri, 21 Oct 2011 11:44:00 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142103#M55511</guid>
      <dc:creator>lightenupandfeelgood</dc:creator>
      <dc:date>2011-10-21T11:44:00Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142115#M55517</link>
      <description>It's Kiva.org, just googling Kiva works for me. I'm going to try and get my workmates on board, I suggested it this week when they were talking about sponsoring a child. In a work situation it will be much easier to get just a one off donation from everyone rather than needing to get everyone paying in regularly for sponsorship.</description>
      <pubDate>Fri, 21 Oct 2011 11:50:51 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142115#M55517</guid>
      <dc:creator>cosmosgrove</dc:creator>
      <dc:date>2011-10-21T11:50:51Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142139#M55526</link>
      <description>Sounds like an interesting idea.I will take a look.Thank you:-x</description>
      <pubDate>Fri, 21 Oct 2011 11:56:37 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142139#M55526</guid>
      <dc:creator>blondie.inc</dc:creator>
      <dc:date>2011-10-21T11:56:37Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142169#M55535</link>
      <description>&lt;BLOCKQUOTE&gt;&lt;TABLE border="1"&gt;&lt;TBODY&gt;&lt;TR&gt;&lt;TD&gt;It's Kiva.org, just googling Kiva works for me. I'm going to try and get my workmates on board, I suggested it this week when they were talking about sponsoring a child. In a work situation it will be much easier to get just a one off donation from everyone rather than needing to get everyone paying in regularly for sponsorship.&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/BLOCKQUOTE&gt;&lt;BR /&gt;
 Yes!&lt;BR /&gt;
And there's another way, buy a pig (communinally) and the pig meat is distributed into the community.&lt;BR /&gt;
I reckon this is the way of the world. Sharing and contributing.&lt;BR /&gt;
And cosmo, I'm proud of your son also.</description>
      <pubDate>Fri, 21 Oct 2011 12:00:06 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142169#M55535</guid>
      <dc:creator>lightenupandfeelgood</dc:creator>
      <dc:date>2011-10-21T12:00:06Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142182#M55540</link>
      <description>If there was a like button I'd like Blondie and Loris' posts  &lt;span class="lia-unicode-emoji" title=":slightly_smiling_face:"&gt;🙂&lt;/span&gt;</description>
      <pubDate>Fri, 21 Oct 2011 12:00:06 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142182#M55540</guid>
      <dc:creator>**girl_interrupted**</dc:creator>
      <dc:date>2011-10-21T12:00:06Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142200#M55547</link>
      <description>:-x</description>
      <pubDate>Fri, 21 Oct 2011 12:02:11 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142200#M55547</guid>
      <dc:creator>lightenupandfeelgood</dc:creator>
      <dc:date>2011-10-21T12:02:11Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142214#M55555</link>
      <description>Thank you, I have made my 1st loan as well &lt;span class="lia-unicode-emoji" title=":slightly_smiling_face:"&gt;🙂&lt;/span&gt;</description>
      <pubDate>Fri, 21 Oct 2011 12:07:30 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142214#M55555</guid>
      <dc:creator>*kitty*kitty*kitty*</dc:creator>
      <dc:date>2011-10-21T12:07:30Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142233#M55564</link>
      <description>:-x</description>
      <pubDate>Fri, 21 Oct 2011 12:10:12 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142233#M55564</guid>
      <dc:creator>cosmosgrove</dc:creator>
      <dc:date>2011-10-21T12:10:12Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142247#M55570</link>
      <description>:-x</description>
      <pubDate>Fri, 21 Oct 2011 12:13:00 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142247#M55570</guid>
      <dc:creator>lightenupandfeelgood</dc:creator>
      <dc:date>2011-10-21T12:13:00Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142262#M55576</link>
      <description>:-x</description>
      <pubDate>Fri, 21 Oct 2011 12:14:00 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142262#M55576</guid>
      <dc:creator>**girl_interrupted**</dc:creator>
      <dc:date>2011-10-21T12:14:00Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142273#M55580</link>
      <description>:^O&lt;BR /&gt;
I think we're all on the same page.&lt;BR /&gt;
Give and ye shall receive or something like that.&lt;BR /&gt;
There are soooo many ways.</description>
      <pubDate>Fri, 21 Oct 2011 12:15:23 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142273#M55580</guid>
      <dc:creator>lightenupandfeelgood</dc:creator>
      <dc:date>2011-10-21T12:15:23Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142289#M55587</link>
      <description>Lol, is there a Melissa here :^O</description>
      <pubDate>Fri, 21 Oct 2011 12:19:49 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142289#M55587</guid>
      <dc:creator>cosmosgrove</dc:creator>
      <dc:date>2011-10-21T12:19:49Z</dc:date>
    </item>
    <item>
      <title>Re: Kiva loan :)</title>
      <link>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142298#M55590</link>
      <description>&lt;span class="lia-unicode-emoji" title=":face_with_tongue:"&gt;😛&lt;/span&gt;</description>
      <pubDate>Fri, 21 Oct 2011 12:20:18 GMT</pubDate>
      <guid>https://community.ebay.com.au/t5/Community-Spirit/Kiva-loan/m-p/142298#M55590</guid>
      <dc:creator>*kitty*kitty*kitty*</dc:creator>
      <dc:date>2011-10-21T12:20:18Z</dc:date>
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