Thanks for helping NikeTalk allocate $6,820 to Kiva.org - now YOU can decide who we loan it to!

i think this is a great thing you guys are doing
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Originally Posted by SKRIBZZRC

0% repaid lulz

Yeah, for some strange reason they haven't managed to repay a loan they haven't received yet - much less used to invest in their business. Gofigure.

If you check their page, you'll see the repayment terms. The loan should be repaid over the next four months, after which time we can arrange for a newloan.

In the meantime, check out the nomination thread for our secondloan.
 
Just created my own account. About to start loaning out my own money that I'm taking out the stock market. Question: Will I receive interest back on the loan I make?
No, you don't receive interest - but when the loan is repaid (and the overwhelming majority are) the funds will return to your account and, atthat point, you'll have the option of withdrawing the amount or re-lending it.

I hope you'll consider re-lending it; it's a great way to get a LOT out of even a small amount.

Also: consider joining our Kiva lending team. It's a way for us to see how much our members, asa group, have contributed thus far.

The overwhelming lending activity on Kiva of late has made it very difficult for us to hold nomination and voting sessions, but we may try some direct votingsoon once Kiva lists a substantial amount of new loans. In the meantime, I definitely hope everyone makes the time to browse their site.
 
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