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  #51  
Old 11-26-2010, 09:26 PM
Doctor X Doctor X is offline
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Default Re: Become a Microfinancier

Luxemborough might be a target for such an :ff: organized loan . . . you know to help them defend against that cat.

--J.D.
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  #52  
Old 01-07-2011, 07:22 AM
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Sauron Sauron is offline
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Default Re: Become a Microfinancier

I started doing Kiva about 8 months ago. I have 22 outstanding loans. Starting with $1000, $497 has already been repaid in less than a year. That has allowed me to re-loan the money. To date, I've loaned $1300 out.

Delinquency Rate 0.00%
Number of Loans Delinquent 0
Default Rate 0.00%
Currency Exchange Loss Rate 0.00%

These are statistics that Bank of America can only *wish* for.

My male/female ratio is:
Male 63.6%
Female 36.4%

I have a bias for microfinance NGOs working in the Middle East, although I'm also smart enough to diversify my investments. My top five countries are:
Lebanon 18.2%
Cambodia 18.2%
Mongolia 13.6%
Bolivia 9.1%
Peru 4.6%

This week I made my first loan to an Iraqi - I figured it was the least I could do to fix what we broke over there.
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  #53  
Old 04-03-2015, 02:29 PM
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Stormlight Stormlight is offline
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Default Re: Become a Microfinancier

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Quote:
Originally Posted by Watser? View Post
On the other hand, all of it has been repaid, none of it was lost.
I have two defaulted loans:

One in Kenya due to the civil war like tensions in 2007 and one in the United States of all places.
2 more defaults now. Both in the US. So 6 loans to Americans in total. 3 to men, 3 to women. The women all paid back the guys all defaulted.
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  #54  
Old 04-03-2015, 03:42 PM
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Dingfod Dingfod is offline
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Default Re: Become a Microfinancier

Can't trust those Kenyans... even if they're in the US.
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