Do Something About Global Poverty and Receive Miles {Merged}

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Mar 7, 2010 | 7:39 pm

#46

JudyJFLA

Original Poster

Join Date: Apr 2000

Location: Fort Myers, FL

Programs: Hilton Gold, SPG & IHG Plat, & every airline program that I can join

Posts: 2,279

Yes, we have a team Flyertalk. I have been doing Kiva loans for several years and have 96 loans. The only loans that went south on me were the ones in kenya that defaulted during the violence after the elections that left my women burned out. I now loan to the south america and south pacific ladies. it has been a much better experience than Prosper, that had almost everyone who received loans running for the hills with their loaned funds. Kiva is great in my opinion. Be sure to sign up for the Flyertalk team!

JudyJFLA

Mar 8, 2010 | 3:05 pm

#47

BudgetJetsetter

Join Date: May 2008

Programs: Marriott Titanium, Hilton Diamond, Hyatt Globalist, AA Plat, UA Silver, Delta Silver

Posts: 455

Quote:

Originally Posted by broadwayblue

I think there's a lengthy Kiva thread here somewhere. Anyone know what the default rate is on Kiva loans?

Out of my portfolio of $33,125 lent over 1,130 loans, $479.08 or approximately 1.5% default rate.

Kiva lists the average user's default rate as 1.62%.

I suspect my default rate will increase as a number of my active loans are delinquent.

Mar 9, 2010 | 8:21 am

#48

u2fan

Join Date: Aug 2006

Programs: UA 1P, AA, Hilton Honors

Posts: 1,162

I was unaware of Kiva - thank you. I recently read "The Price of a Dream, The Story of the Grameen Bank" (I know, the book is a little old), so the concept is interesting and timely for me.