I noticed KIVA a few years ago and thought it sounded like a good idea, but can you give me a little more insight into how it works in practice.
How many loans have you made and how many have been paid back? Have any failed? Did you make a profit on the loans?
Intrigued and hope to hear from you.
I have added just over us$100 in capital and this have funded 21 (us$25) loans. I have had 1 total loss and 1 partial loss. You do not make profit on the loans, any profit goes to run the Local partners.Thanks for your interest in KIVA, you can see all my loans at https://www.kiva.org/lender/stephen2333.
Ok that's pretty cool still. I guess it could be called an "advanced charity" then so to speak.
I hope you become a KIVA lender and add your loan to team Steemit.