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new month new loans, 5 new loans made in cambodja's agricultural sector..

Nice!

I just did the raffle drawing and the winner of the free coaching session for the month of April was hansgeertsma. Check out the link below and let me know from whom you'd like to get coaching

http://www.buyintogiving.org/coaching-raffle.html

Yea, no loans for me this month

4 new loans for May. Lets keep going this way !

Hey Tecmo, do you plan to go to the series this year? If so, it would probably be a good idea to promote the BI2G team during the event with Tshirts or other stuff. Make some noise and try to involve more people into the team !!!

Hey Tecmo, do you plan to go to the series this year? If so, it would probably be a good idea to promote the BI2G team during the event with Tshirts or other stuff. Make some noise and try to involve more people into the team !!!

This would be a great idea IMO, I might head towards the WSOP, not really sure yet but if I head that way I'd like to help organizing some noise around this initiative...

Yes, I'll be there from June 27-July 8th.

What about something like this?

http://www.cafepress.com/bi2g

I like the white hooded sweater a lot. It'd be cool to wear something like that at the tables..

btw we broke 14K loans, time to hit the 15 soon!

Yes, I'll be there from June 27-July 8th.

What about something like this?

http://www.cafepress.com/bi2g

Awesome IMO

I like the white hooded sweater a lot. It'd be cool to wear something like that at the tables..

btw we broke 14K loans, time to hit the 15 soon!

I've been meaning to join the DC Kiva team for a while, even though I have no job and no income and I'm almost a charity case myself... Imma try to squeeze out a $25 loan just to get the ball rolling.

Anyone have any strategies for how they chose whom to lend to? I figure I will just pick the lowest loan amounts because they are the ones who need it most just because of the huge discrepancies in cost of living. Some of these people only need ~$100 USD. So I figure if I donate $25 towards that $100 at least in my mind I feel like I am making a bigger real world difference, even if the risk of default is higher w/e they need this money more than I do.

I make my choices based on countries I've visited and from which I know the situation, $25 really makes a big difference for alot of people. Even for example countries like cambodja and thailand need help, it seems like they're making a lot of money by tourists etc but a construction worker in bangkok for example only makes $4 a day for a 14hr work day!

I won't lend money to western countires like europe or the US and lend solely to starting businesses and agricultural investments.. I don't lend for house construction etc.. Great to see you help Chazb0t

I make my choices based on countries I've visited and from which I know the situation, $25 really makes a big difference for alot of people. Even for example countries like cambodja and thailand need help, it seems like they're making a lot of money by tourists etc but a construction worker in bangkok for example only makes $4 a day for a 14hr work day!

I won't lend money to western countires like europe or the US and lend solely to starting businesses and agricultural investments.. I don't lend for house construction etc.. Great to see you help Chazb0t

That was my plan. To donate based on extremely poor countries/low cost of living, also I might be leaning towards donating mostly/completely to females, because we have equal rights in the US, it isn't the case everywhere else. The barriers to entry and ability for women to start/run businesses in poorer countries must be ridiculous.

really good point about the trouble women have when they try to start a business, never thought about that but it'll help me selecting my next loans

I've been meaning to join the DC Kiva team for a while, even though I have no job and no income and I'm almost a charity case myself... Imma try to squeeze out a $25 loan just to get the ball rolling.

Anyone have any strategies for how they chose whom to lend to? I figure I will just pick the lowest loan amounts because they are the ones who need it most just because of the huge discrepancies in cost of living. Some of these people only need ~$100 USD. So I figure if I donate $25 towards that $100 at least in my mind I feel like I am making a bigger real world difference, even if the risk of default is higher w/e they need this money more than I do.

Pretty much all loans are pre-disbursed. The loan has already been given before it was put on Kiva for funding. Your loan is helping the MFI more directly than the person you're loaning to on the Kiva site, so they can make more loans and lower interest rates, so just go through the MFIs and pick ones you like, and fund loans made by that MFI. With pre-disbursed loans, the only thing the person you pick influences is when you get repayed (and if you get repayed, unless it's a 5 star risk rating MFI).

Pretty much all loans are pre-disbursed. The loan has already been given before it was put on Kiva for funding. Your loan is helping the MFI more directly than the person you're loaning to on the Kiva site, so they can make more loans and lower interest rates, so just go through the MFIs and pick ones you like, and fund loans made by that MFI. With pre-disbursed loans, the only thing the person you pick influences is when you get repayed (and if you get repayed, unless it's a 5 star risk rating MFI).

Nice... Thanks for clearing that up for me... I still haven't fully looked into how Kiva works which I was going to do before making my first loan.

Hopefully we can hit some pretty sick numbers by the end of the year.

2 new loans in may :

For a grocery store in Peru

To make a local beer in Peru

2 new loans in may :

For a grocery store in Peru

To make a local beer in Peru

Local beer ftw!