As I have posted earlier, I been lending through Kiva.org for about 2.5 years now. Recently, I reached a landmark of 50 loans. These are some of the stats. There are more stats and info if you are interested @ http://www.kiva.org/lender/vidur3752 The interesting things to me are: I have no defaults till date and I [...]
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It has almost been a year since I started lending at Kiva.org and it would be fair to say I can come a long way. The most interesting change that Kiva folks made during this time is that instead of crediting the loan repayments to lender’s account at the end of loan term, they do [...]
Filed under: kiva, micro-finance | Tagged: kiva, non-profit | 1 Comment »
While I was looking for projects to lend to, I realized that there where no loan requests from India. I dug a little and Kiva doesn’t even have a ‘Field Partner’ there. The second most populous country, with a significant percentage of population below the poverty line, missing was bit of a surprise to me. [...]
Filed under: India, kiva, micro-finance | 3 Comments »
I heard about micro-lending when Dr. Muhammad Yunus received the Nobel Peace prize in 2006. I should have heard of it earlier, being an Indian & student of finance/economics. The idea immediately appealed to me, a loan small enough that doesn’t effect your life but can change the life of another, simply beautiful. The basic [...]
Filed under: kiva, micro-finance, non-profit, poverty | Leave a Comment »
