Introduction
My long time followers will know of KIVA from the ongoing series of posts I’ve made over the past year and a half, and how posting on Steemit has supported and encouraged me to support over $175 in KIVA loans.
My first Steemit post about KIVA from December 2016 , Have you heard of KIVA ? has been followed by many more updates which have motivated me to fund a number KIVA loans and have now supported 8 loans.
I have also created the KIVA lending group, come and join other great Steemians and when you make a KIVA loan you can dedicate it to Team STEEM
Loan Repayment Update
Today I received a number of repayments from the outstanding KIVA loans with $13.92 credited back to the account ready to relend. I will add another $12.50 to support another loan in a few days.
The snapshot of the current loans is below.
Kiva gives you the opportunity to make small loans to people around the world who are working to start a business and improve their lives.
I’m a Kiva lender and I invite you to join me!
Join KIVA by clicking here and it’d be great if you add your loan to Team STEEM
Make a loan and change a life today!
Thanks @bearone for the teamaustralia banner
I've done $100 in loans with them. So far I've had one default. The other one is still getting paid back. It's not due to be paid back at a specific time, but when it is, I'll look up the Steem group.
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I’ve had a couple of defaults as well but I guess that’s part of the process to be expected. It’s sad you lose your capital and it can’t be relent. I’m trying to choose loans with a shorter repayment period now so the money can cycle more quickly and do more good.
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That a good idea. I had been choosing loans that would benefit people on an ongoing basis, like buying chickens so they could sell eggs, or buy a cow so they could sell milk, or seeds so they could sell crops and have seeds for the next year. There are probably pluses of both system.
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Looking great, Stephen! Team Steem is going strong!
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Yes thanks. Slowly getting the word out. I have a new loan to make but I’ve been flat strap with work and end of term kids assignments. I thought I’d already gone to school but I guess that’s one of the perks of parenting teens.
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