Microlending is awesome!

laruss · 09-15-2012, 02:28 PM

I have been using the same $500 I invested almost 2 years ago. One loan in particular is memorable to me. I will loan anywhere between $25 and $200 depending on the loan. This one was a woman who needed $150 to buy pigs, it was her first loan and I lent her the whole amount, she has paid it all back.

I typically loan to women and tend to lend more to agriculture or food needs.

I encourage everyone to use Kiva.

Kiva asks for a donation with each loan to help with the costs, they have it set at 15%, I always lower mine to 5% so that I have more to invest in the people who need it. You can choose 0%, but I know that Kiva also has expenses.

09-15-2012, 02:28 PM	#3
laruss Member How Do You Identify?: Femme Preferred Pronoun?: She or Goddess Relationship Status: Settled in Join Date: Mar 2012 Location: Edmonton Alberta Posts: 1,322 My Photo Gallery Thanks: 2,849 Thanked 5,329 Times in 1,045 Posts Rep Power: 21474851	39 loans and counting I have been using the same $500 I invested almost 2 years ago. One loan in particular is memorable to me. I will loan anywhere between $25 and $200 depending on the loan. This one was a woman who needed $150 to buy pigs, it was her first loan and I lent her the whole amount, she has paid it all back. I typically loan to women and tend to lend more to agriculture or food needs. I encourage everyone to use Kiva. Kiva asks for a donation with each loan to help with the costs, they have it set at 15%, I always lower mine to 5% so that I have more to invest in the people who need it. You can choose 0%, but I know that Kiva also has expenses. __________________ Creativity is a drug I can't do without. -Cecil B. DeMille