Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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This ^
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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26 Replies
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This is not a hot deal. SD needs to create a separate forum for this stuff. Call it something like Charity Deals.
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Think of it as you're getting a deal on feeling like you are helping make a person's life better.
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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F paypal with their double fees if a buyer returns an item. Literally screw over all sellers.
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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the repayments from the credit go back to paypal ...
Paypal would have anyway invested these as part of their "social responsibilities" but with this "gimmick" they get others to "match" their...
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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You can adjust the search parameter "Average cost to borrower" on the left hand side to be anywhere from 0% to 81%.
https://www.kiva.org/lend?queryString=
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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I think the loan interest charged to the borrower is sometime high because some of those countries have high inflation rate like 30% or more. So if you charge 20% interest on the loan you still lose...
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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I have been lending on Kiva for years. You do not make money as it is a charitable cause. I started with an initial investment of $300 in loan money and have loaned out over $3500 so far with those...
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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I have been with Kiva for years and I like them. I also like Zidisha/
which has an automatic algorithm that will make loans without you having to choose the borrowers and the loan amount can be as...
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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There are no micro finance companies that don’t charge interest.
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Well, someone should create one if there is no micro finance companies not charging fees.
You can also look at zidisha which in my opinion is much better than kiva. Zidisha has fixed 5% fees on the...
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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im not going to explain why i pulled out of kiva after lending to them for several years. it just because too difficult to really understand if i was loaning my money to people who really need it.
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Do Kiva borrowers pay any interest on their loans?
Yes, most Kiva borrowers do pay interest to our Field Partners in some form. Kiva and Kiva lenders themselves do not receive interest on these...
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Thanks for the info. These informations should help someone with the decision to lend money in kiva or not.
On my side, I pass. The cost on the borrower side is too high on average for me to lend...
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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As others have said, Kiva isn't a platform to make money. Use other services like Trine or Bondora for that. Just be aware that these types of lending services usually have huge risk attached, even...
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Very good Charity Navigator rating:
https://www.charitynavigator.org/index.cfm?bay=search.summary&orgid=12978
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Really nice, hope this helps.
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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legit deal- pulling the trigger
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Thanks for the reply. Can you tell us what the cost on the borrower side?
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Kiva is a microlending site where you can give small ($25) loans to entrepreneurs in developing countries. When the loans are paid back, you can reloan the same funds out again to someone else.
...
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Yea I did some research. It's not a charity actually, 97% of the people got their money back. You dont earn interest and it's better that way. Once again, great idea
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Please look into Kiva before giving them any money.
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Interesting idea... any one have experience lending money on this platform? What percent do you make on it?
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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You don't earn a return. This is a form of charity to help small businesses who otherwise cannot obtain loans: https://www.kiva.org/about/how
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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This is an incredible deal. it's basically a 2 for 1 short term lender loan (that you're lending to someone else). They some times find donors to match donations, but it's a big deal to be able to...
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Kiva is not a charity guys. Looks in detail before jumping into it. The idea you lend like 25$ for someone you choose and the borrower will give back to you the 25$ plus a very high interest payed to...
Kiva - Make a $25 loan, get a $25 Loan credit from Paypal
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Thread created 05-10-2019 by Libertarian
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Their FAQ says you're very wrong.
How does Kiva cover costs?
Kiva is a nonprofit organization that’s earned a 4 out of 4 star rating from Charity Navigator. We cover two-thirds of our operating...