Note: This post was published in 2010 and contains outdated information. Please see this blog post or kiva.org/help.
By Rosalind Piggot, KF10, Tajikistan
Until about a month ago, I didn’t realize that currency exchange loss protection was important to Kiva Lenders. That was until Yelena (KF11, Azerbaijan) raised the issue, pointing out a discussion on kivafriends. Many lenders don’t lend via Field Partners that share currency risk. Why should Kiva Lenders take on the risk of currency loss when Kiva’s Field...
Continue Reading >>