Aug 11, 2014 KV Kiva HQ
By Aurora Lee
Pro Tips: Kiva Staff Share Their Favorite Ways to Lend
Around the Kiva office, there're a few things the whole staff gets really into: karaoke and food-related challenges are among our fervent favorites but at the top of that list is lending on Kiva. That’s right, we geek out about work in our down time – a lot. We’ve compiled our best tips on how to lend like a pro, along with some of the funny anecdotes from our adventures in lending.
 
Be a hero:
"Sort by expiring soon. Lend to the first loan in list."
 
G-E-O Geography, lend to parts of the world you hold dear:
“I'm trying to make a loan to a borrower at each one of our South American partners - I have about half of them covered so far.“
 
Look to other lenders. Use our lender-defined tagging system:
“Our lenders tag loans with things like #InspiringStory, #JobCreator or #Parent, which I find to be incredibly helpful in narrowing down where I want to lend to next."
 
Make a connection, lend to someone who shares your interests:
“I only ever lend to other bakers. And I care very much about how my portfolio looks so I prefer photos of people pulling things out of ovens.”
This baker not only inspired our colleague to lend to him, but also to whip up her own batch of poppy seed sweet rolls!

 
“I lend to people who sell things that I want to buy like this women selling fried chicken in the Philippines. I also like agriculture loans because I grew up on a farm. It was an organic farm, so I try to avoid chemical fertilizers."
 
“I lend to borrowers that have loan uses that are either really compelling or really fun (or in her case, both).”
 
For the organizationally-minded, pick a category and lend to the whole lot:
"There’s a few things on Kiva you can ‘collect,’ like countries, sectors, social performance badges, activities or field partners. I’ve found it useful to configure saved searches for the parts of the collection missing. That way when a loan becomes available that I need for my collection I’m notified right away. This becomes especially helpful when you only have a few, more rare things left on your collection list."

We hope you enjoyed getting insight on some of our favorite lending methods. What tips and tricks do you find most helpful? Let us know in the comments!

Comments

I have $ 27.25 in my account and need to re loan them same way it was loaned in past. .

Simply log in to Kiva.org, choose a borrower from the ones presented to you when the page opens, and there you are! Just click on your choice and your loan is made. You may donate the balance of $2.25 towards Kiva administration costs or keep it until the balance in your account is high enough to relend the money. You could also add $22.50 and lend to a second needy person. Happy lending!

Simply log in to Kiva.org, choose a borrower from the ones presented to you when the page opens, and there you are! Just click on your choice and your loan is made. You may donate the balance of $2.25 towards Kiva administration costs or keep it until the balance in your account is high enough to relend the money. You could also add $22.50 and lend to a second needy person. Happy lending!

If I have some money in this account, why do you ask me to go thru Pay Pal ? I'm not a regular donor. I forgot what I'm supposed to do all the time.

If you have more than $25, you do not need to go through Paypal. The $25 will simply be deducted from the money in your account. You only need to go through Paypal if you have a balance due to Kiva. Happy lending!

The $2.25 will have to come out of my $25. I have tried to donate my $25 several tmes but get confused on the directions so I quit.

We follow the "old" rules: Small loan Groups of women Short repayment to reduce cost of interest Increased potential earning income Repayment during term of loan We intensely dislike repayment terms, we have seen terms of 60 and 82 months, such terms are almost criminal. Loans and projects should be revised in such cases to match the ability to repay.

Great tips, here's a few of my own: 1. Challenge yourself to loan to every single country 2. Challenge yourself to loan to every loan type 3. Challenge yourself to make a loan every Monday morning and start the week off right! 4. When looking for a loan, I try to find someone that makes me smile, has the same name as one of my daughters, does a job similar to my grandfathers (Brick work for example) 5. Look for the smile. When I see someone truly smiling in their profile picture, I almost always give them a loan. 400+ loans and so happy to give a hand up, not a hand out!

I'm a widow in my early 60s so usually I try to lend to a woman in the same situation. There are so many women who seem to have lives that I would find so difficult. I try to lend to single mothers or widows who have children to care for - though occasionally I lend to men too.

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Aurora hails from New England and has a background in communications, systems management and economic development. She first realized her passion for nonprofits leveraging social media while working in web communications at MSF. She is incredibly excited to join the content team at Kiva and explore the juncture of technology and international development more thoroughly. She spent nearly a year working in Tanzania with students and was lucky enough to witness the spirit of small-scale entrepreneurship and how it impacts communities firsthand. She holds a BA from Princeton University where she concentrated in politics and was a member of the varsity swimming and diving team. Aurora is a long-suffering, occasionally jubilant, Arsenal fan and copes with being dog-less by volunteering at the SF SPCA.

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