My Update 2015

The Kiva microfinance initiative

I’ve covered Kiva a few times over the years I’ve been ‘lending’ through it, so I thought I’d put up a post about where I am as we copme to the end of 2015.

At the end of 2014, I’d lent 125USD total in 3 years, and lamented I was far behind the average 330USD lend rate, and having just 50USD to rotate through loans.

Now I’ve got 105USD on deposit with Kiva, and have made 300USD in loans. I’ve also donated some money to Kiva itself. I think that counts as a good year for my Kiva involvement, and I hope in 2016 I can put a little more in there. I also collected all 7 of the ‘Social Performance’ badges, which is one of the ways Kiva tries to gamify the experience a little.

One thing I will say though is that I see quite a lot of small US businesses on there now, which you wouldn’t see before, such as a Manhattan fresh food start up. It’s certainly no bad thing, just something I hadn’t noted before. For my part, I think I’ll keep my small loan rotation focused on other parts of the world.

Kiva on, people.