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post #41 of 107
$50 left.
post #42 of 107
Well, now, after this, we should sit back and think of more of a plan. Perhaps we would want to look at specific needs, rather than to just give in some numerical order.
post #43 of 107
Quote:
Originally posted by trumptman
Do we dare dream of three loans funded?

Yes we dare, I jost topped Rose off $50, I think I'll shut my computer down too know, before I go broke.

Way to go!

Noah
post #44 of 107
588 is done.

I think melgross has a point.
post #45 of 107
Thread Starter 
I think I'm...crying.

You guys are awesome.

I invite melgross to screen the next candidate and post his or her business number for solicitations.

Nick

"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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post #46 of 107
So far we've helped knock out 588, 600, and 601. Keep it going, guys.
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post #47 of 107
Quote:
Originally posted by melgross
Well, now, after this, we should sit back and think of more of a plan. Perhaps we would want to look at specific needs, rather than to just give in some numerical order.

I didn't go by numbers; I started with trumptman's suggestion of 600. The fact that I picked 601 after that was mere coincidence; I stumbled upon that one and only noticed the sequence afterwards.

I look at their stories and how compelling they are, plus whether the amount of money requested/required seems reasonable.
post #48 of 107
Quote:
Originally posted by trumptman
I think I'm...crying.

I know I am and I have to stop doing this for tonight. I really don't want to feel good about this or even think about it. It's kind of like I'm repaying a debt I never knew I owed. It feels more like penance than charity.
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post #49 of 107
Don't forget that you'll most likely get the money back. The site claims:
Quote:
Microfinance loans worldwide are generating repayment rates of 97% (UNCDF: Basic Facts About Microfinance). To date, Kivas repayment rate is 100%.
post #50 of 107
Thread Starter 
Quote:
Originally posted by Chucker
Don't forget that you'll most likely get the money back. The site claims:

That just means we can loan it out again.

Nick

"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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post #51 of 107
Quote:
Originally posted by trumptman
That just means we can loan it out again.

Right, but you can also choose to withdraw it, as I understand it.
post #52 of 107
Thread Starter 
Quote:
Originally posted by Chucker
Right, but you can also choose to withdraw it, as I understand it.

You can, but in the 18-24, however many months that takes, you can probably learn to leave it set aside to do some permanent good.

Nick

"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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post #53 of 107
Fair enough. A much better system than donations either way.
post #54 of 107
Quote:
Originally posted by trumptman
I think I'm...crying.

You guys are awesome.

I invite melgross to screen the next candidate and post his or her business number for solicitations.

Nick

I assume that we aren't going away. It's a bit late to start making these kind of judgements for me. If it's all right, I'd like to start looking tomorrow.

But, does anyone have any ideas as to just what we should be considering? I don't want to be saying to everyone what we should be looking for.

But, my thought was that we should possibly consider specific problems. This is all very difficult.

What I don't want to do is to give out a couple of hundred, in the next day or two, and then sit back, and forget all about it. But, realistically, we can't keep doing this on too much of a regular basis either.

So, perhaps we should discuss some issues we have found on the site, and decide how we will be doing it, and how often.

I don't invest willy nilly, and while this isn't actually an investment, we aren't a bank that has vast funding either.
post #55 of 107
Thread Starter 
Quote:
Originally posted by melgross
I assume that we aren't going away. It's a bit late to start making these kind of judgements for me. If it's all right, I'd like to start looking tomorrow.

But, does anyone have any ideas as to just what we should be considering? I don't want to be saying to everyone what we should be looking for.

But, my thought was that we should possibly consider specific problems. This is all very difficult.

What I don't want to do is to give out a couple of hundred, in the next day or two, and then sit back, and forget all about it. But, realistically, we can't keep doing this on too much of a regular basis either.

So, perhaps we should discuss some issues we have found on the site, and decide how we will be doing it, and how often.

I don't invest willy nilly, and while this isn't actually an investment, we aren't a bank that has vast funding either.

The only criteria I used were the loan amounts, and the fact that they had 0% funding. I simply figured it would be neat if we could, as a group fully fund the loans, be able to link to and reply in the journals related to those loans, and then be able to share the results.

Perhaps from here we could try a chain where someone tries to get a loan funded in another forum type, using this thread as an example. Then the thread from that forum could be posted here as a link and proof that the goodwill has created more goodwill.

I'm open to other suggestions as well and have simply tossed these out to be helpful.

I also know we have some very well-educated professors on here who can help.

Nick

"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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post #56 of 107
Quote:
Originally posted by trumptman
The only criteria I used were the loan amounts, and the fact that they had 0% funding. I simply figured it would be neat if we could, as a group fully fund the loans, be able to link to and reply in the journals related to those loans, and then be able to share the results.

Perhaps from here we could try a chain where someone tries to get a loan funded in another forum type, using this thread as an example. Then the thread from that forum could be posted here as a link and proof that the goodwill has created more goodwill.

I'm open to other suggestions as well and have simply tossed these out to be helpful.

I also know we have some very well-educated professors on here who can help.

Nick

I'm not sure I know what you mean by "another forum type". Are you saying that there are, or could be, other threads about this elsewhere? Because that does seem possible. Are you suggesting that we should look them up, possibly on Google, and connect with them?
post #57 of 107
Ok, so I'm away for the computer for a few measly hours and you guys do all the good deeds. Well I couldn't let that happen so I randomly picked someone to kick out some cash to, but I will check the thread to see the next person picked and am down for another 25.00
post #58 of 107
Thread Starter 
Quote:
Originally posted by melgross
I'm not sure I know what you mean by "another forum type". Are you saying that there are, or could be, other threads about this elsewhere? Because that does seem possible. Are you suggesting that we should look them up, possibly on Google, and connect with them?

I simply meant that people that enjoy posting in forums seldom post in just one. They often belong to other forums that reflect their other hobbies. A Mac user might also belong to say a Final Cut Pro forum, a Photoshop user forum, or something of that nature. I belong to a couple RV and camping forums, a couple stock boards, and ahem, a fitness forum for when I decide to get off my butt.

Your suggestion might be good as well. It isn't like I have any expertise and my view is anything that increases awareness and leads to more funded loans is good in my book.

Quote:
Originally posted by trick fall
Ok, so I'm away for the computer for a few measly hours and you guys do all the good deeds. Well I couldn't let that happen so I randomly picked someone to kick out some cash to, but I will check the thread to see the next person picked and am down for another 25.00

Trick, it appears that someone pledged $25 to Grace, loan 601 put it in her basket, and then either couldn't or didn't follow up. So her loan is now $25 from fully funding. If you want to chip in there, I think that would be great.

At Applenova a request went out for loan number 592. If you feel compelled you can help fund that loan. You might also post it and information about Kiva in other places you frequent. If you want to post the links to the other places in this thread or reference this thread in other places that probably would be cool.

Nick

"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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post #59 of 107
Quote:
Originally posted by trumptman
Trick, it appears that someone pledged $25 to Grace, loan 601 put it in her basket, and then either couldn't or didn't follow up. So her loan is now $25 from fully funding.

I topped up the loan to Grace - I am a little worried that these loans keep on getting to the top and dropping back down again when there does not seem to be a way to cancel payments.

Anyway, hopefully it is not a scam that captures paypal passwords...
45 2a3 300b 211 845 833
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post #60 of 107
Quote:
Originally posted by e1618978
Anyway, hopefully it is not a scam that captures paypal passwords...

PayPal doesn't hand out any account info. All the recipient sees is an e-mail address, and some related statistics.
post #61 of 107
I read this thread this morning and was inspired and moved by it all so I've joined up and found someone with only 5% funded so far, hopefully my little $50 will help things along a bit. I think that this is a really positive development for the future, thanks to Nick for the heads-up.

"Wankers talking about other wankers and wanking." XamaX

I'll never get back the time i just wasted reading that post." Miami Craig
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"Wankers talking about other wankers and wanking." XamaX

I'll never get back the time i just wasted reading that post." Miami Craig
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post #62 of 107
It looks good, and it has great intentions.

What is the potential for this charity to evolve (devolve) into yet another scam?

Everything of benevolent intent is susceptible to the gnarlier side effects of capitalism, unless there is 100% openness and accountability.

Someone will find a method, a loophole, a way to skim; they always do, because human beings are like that.

How is Kiva set up to counter the worst aspects of human nature?
"We've never made the case, or argued the case that somehow Osama bin Laden was directly involved in 9/11. That evidence has never been forthcoming". VP Cheney, 3/29/2006. Interview by Tony Snow
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"We've never made the case, or argued the case that somehow Osama bin Laden was directly involved in 9/11. That evidence has never been forthcoming". VP Cheney, 3/29/2006. Interview by Tony Snow
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post #63 of 107
Thread Starter 
Quote:
Originally posted by sammi jo
It looks good, and it has great intentions.

What is the potential for this charity to evolve (devolve) into yet another scam?

Well I think the one thing that seriously limits the ability to scam is the fact that you aren't donating to a charity, you are a microlender.

Quote:
Everything of benevolent intent is susceptible to the gnarlier side effects of capitalism, unless there is 100% openness and accountability.

Agreed. When you fund a loan here, you are shown your portfolio of loans, their amounts repaid and the parties to whom you loaned them.

Here is mine in the interest of openness.



Quote:
Someone will find a method, a loophole, a way to skim; they always do, because human beings are like that.

Well the alternative is simply to be cynical and never offer to help in any fashion. Perhaps Grace's husband might not take well to her business attempt. Perhaps he will beat her, sell off the vegetables and simply drink away the profits. That is entirely possible. There would be no recourse to those loaned the money, that is true. Kiva does work with partner organizations that do the vetting and are supposed to know the lay of the land, so to speak. Perhaps the Women's Economic Empowerment Consort is nothing but a con. But I think I would rather get conned for $25 than by cynical for a lifetime.

Also my stated intent is to simply keep reloaning out this money as it is repaid and add more to loan later. So if the loans default, they don't just hurt me. They hurt the next person who would have gotten that loan, and the next.

Quote:
How is Kiva set up to counter the worst aspects of human nature?

I think the set up of microfinance and loans helps avoid corruption. It might be possible to defraud thousands out of a few bucks, but it is an awful lot of work and a ton of goodwill burned through for very little return.

Nick

"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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post #64 of 107
Thread Starter 
Also just to update, loan 592 is still not funded. It is still in need of around $400 to fund.

Nick

"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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post #65 of 107
I never got a chance to do anything the other day so I just kicked out a few bucks for 592.

Sammi,

Instead of trying to depress us why not for once take a chance and assume the best of man and shell out a couple of bucks?
post #66 of 107
Quote:
Originally posted by trumptman
But I think I would rather get conned for $25 than by cynical for a lifetime.

Amen. Amen. Amen. Amen. Amen. AMEN!
In all honesty they can just keep it. Reinvest that in your business or your home or your childrens' edcuation. I don't really care, because all I'm going to do with any of this is loan it straight back out.

Mary Wambui (#606) got $50.
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post #67 of 107
Thread Starter 
You guys rule. Who knew men could ever get so excited about something with the word micro in the title.

So Sammi, who gets your $25? You can't let us have all the fun now.

Nick

"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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post #68 of 107
Quote:

Sammi,

Instead of trying to depress us why not for once take a chance and assume the best of man and shell out a couple of bucks?

Just being the realist, apologies. I've donated to far dodgier organizations than what this appears to be. Re. standard charities, to discover that 50%+ of donations go into furnishing 7 figure salaries to executives and other expenses that are non-congruent with "charitable work", one gets skeptical, and puts one off donating. Yes I realize that this isn't a "charity" as such; I was just wondering about how the trust inherent in such a scheme could be violated.
"We've never made the case, or argued the case that somehow Osama bin Laden was directly involved in 9/11. That evidence has never been forthcoming". VP Cheney, 3/29/2006. Interview by Tony Snow
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"We've never made the case, or argued the case that somehow Osama bin Laden was directly involved in 9/11. That evidence has never been forthcoming". VP Cheney, 3/29/2006. Interview by Tony Snow
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post #69 of 107
The negative will always be there if you try to find it, but so will the positive.
post #70 of 107
Thread Starter 
Quote:
Originally posted by groverat
Amen. Amen. Amen. Amen. Amen. AMEN!
In all honesty they can just keep it. Reinvest that in your business or your home or your childrens' edcuation. I don't really care, because all I'm going to do with any of this is loan it straight back out.

Mary Wambui (#606) got $50.

Congrats Grove, the loan you helped finance is now fully funded. Please keep us updated on how the loan works out.

Loan 592 is still $225 away from funding. We can still have parties come together to help and share this loan.

Nick

"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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post #71 of 107
Looks like someone topped off 592 with $50 after I put my 50 in. Nice!
post #72 of 107
Quote:
Originally posted by trumptman
Also just to update, loan 592 is still not funded. It is still in need of around $400 to fund.

Nick

Funded completely!

I could not pass up the last $50 of her loan.

Thank you all for the best thread and subject here at Appleinsider in a long long time if not the best!

Nick great job buddy with this!

Thanks again for the pm as I had not seen this thread.

Fellowship
May the peace of the Lord be with you always

Share your smile, Have respect for others, and be loving to all peoples

Paul in Athens: Acts 17 : 16-34
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May the peace of the Lord be with you always

Share your smile, Have respect for others, and be loving to all peoples

Paul in Athens: Acts 17 : 16-34
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post #73 of 107
Quote:
Originally posted by trick fall
The negative will always be there if you try to find it, but so will the positive.


I agree completely and I would also say,,

Even if there were a few scams within the bunch it would not stop me from wanting the best for those who are honest and good people trying hard to do the right thing for themselves and their family.

I have been blessed and continue to be blessed in my life and if I have the chance to invest in others lives the way people have invested in my life I will jump to it no questions asked.

Many in my life had faith in me and risked financial and time resources into my life and a harvest was captured and continues to be captured. Again let me stress not solely due to my efforts but with "the help of others".


This thread is about "the help of others" being joined up with the efforts of the individuals at hand in their given situation so that the faith shared between them and we the "others" may manifest a harvest of great size and blessing.


Why do nothing but simply store up blessings

I ask of you,,,

Share the blessing.

Fellows
May the peace of the Lord be with you always

Share your smile, Have respect for others, and be loving to all peoples

Paul in Athens: Acts 17 : 16-34
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May the peace of the Lord be with you always

Share your smile, Have respect for others, and be loving to all peoples

Paul in Athens: Acts 17 : 16-34
Reply
post #74 of 107
This is working out great.
post #75 of 107
Thread Starter 
Quote:
Originally posted by Fellowship
Funded completely!

I could not pass up the last $50 of her loan.

Thank you all for the best thread and subject here at Appleinsider in a long long time if not the best!

Nick great job buddy with this!

Thanks again for the pm as I had not seen this thread.

Fellowship

You are welcome, and thanks for helping fund a loan. I noticed you have a new addition to your sig as well.

Over at that other place we all know about, a user named Lurch has given to loan 621 and it is still lacking some funding if anyone still feels compelled to help.

Finally anyone have some links to places where they have posted about Kiva and gotten any response? It would be neat to see a good idea spreading around.

Nick

"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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post #76 of 107
Just got a notice that one of the people I loaned money too has made their first repayment. Pretty cool.......
post #77 of 107
Trumpt,

Could you possibly recap what has been Kiva'ed by AI posters up to this point? {said the lazy man}

I think it would be more than cool if, as some sort of group/team, that we could monitor a given set of loans for the longer term and report to the blogworld that loans have been made, and repaid.

Having worked for professional fund raising groups before, I can assure folks like Sammi that most of all donations are not getting into the hands that need it. Micro loans are designed to eliminate that type of theft. {Rest assured that I have cleansed my soul of any taint induced by my slightly immoral/ammoral work activity}

Long term success of a micro loan is one of the goals, I would hope that it can be reported here.

P.S. I would also like to donate!

Paz
What we obtain too cheap, we esteem to lightly...it would be strange indeed if so celestial an article as FREEDOM should not be highly rated. Thomas Paine
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What we obtain too cheap, we esteem to lightly...it would be strange indeed if so celestial an article as FREEDOM should not be highly rated. Thomas Paine
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post #78 of 107
Polite Bump as I came across this today.

I thought it was noteworthy.

http://www.chicagotribune.com/news/n...ationworld-hed

Fellowship
May the peace of the Lord be with you always

Share your smile, Have respect for others, and be loving to all peoples

Paul in Athens: Acts 17 : 16-34
Reply
May the peace of the Lord be with you always

Share your smile, Have respect for others, and be loving to all peoples

Paul in Athens: Acts 17 : 16-34
Reply
post #79 of 107
I don't think I've ever seen a better way of trying to solve poverty.
post #80 of 107
Thread Starter 
Time for the Kiva remix track.

Rose has already begun paying back her loan.

The other two loans ended up not being processed due to some hold up with the partner organizations. I have $75 within my Kiva account to loan out due to these two loans not being processed.

Has anyone else started receiving repayment information related to different loans?

I know several parties here went in on the two loans that ended up not funding. Does anyone want to suggest another party to which we could pool our Kiva funds?

Nick

"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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"During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell

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