UPDATED: Kiva states in an email that this action returned 10 million US$ from partially repaid loans to lender accounts – available now for re-lending.
In the past Kiva used to credit repayments to the lender accounts only after a loan was repaid in full.
That changed last week when I received the following email from Kiva:
We are happy to announce that Kiva will now return repayments to lenders
as soon as those repayments are received by Kiva. Because of this
change, you’ll be able to re-lend funds right away instead of waiting
until the end of the loan term. We hope you enjoy this new feature!As a result of this change, $231.44 in Kiva Credit has been released to
you and is now available for you to use. You can re-lend these funds,
donate or withdraw them.
A breakdown of the repayments that are included in this amount is as
follows:
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SAMUEL GAKUNYI in Kenya (Activity: Farming)
You Loaned:$25.00
Total Repaid So Far:$20.22
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=3103
——————————————————————————-
Aivale Leiataua in Samoa (Activity: Farming)
You Loaned:$25.00
Total Repaid So Far:$18.15
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=8866
——————————————————————————-
Malia Maselino in Samoa (Activity: Crafts)
You Loaned:$25.00
Total Repaid So Far:$15.50
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=11466
——————————————————————————-
Naoupu Leo in Samoa (Activity: Food Production/Sales)
You Loaned:$25.00
Total Repaid So Far:$17.47
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=11475
——————————————————————————-
Ellsie Amani in Samoa (Activity: Crafts)
You Loaned:$25.00
Total Repaid So Far:$15.53
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=11482
——————————————————————————-
Kilita Stowers in Samoa (Activity: Services)
You Loaned:$25.00
Total Repaid So Far:$22.92
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=11483
——————————————————————————-
Maluai Iosia in Samoa (Activity: General Store)
You Loaned:$25.00
Total Repaid So Far:$17.47
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=11485
——————————————————————————-
Fieta Tuala in Samoa (Activity: Food Production/Sales)
You Loaned:$25.00
Total Repaid So Far:$15.47
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=11498
——————————————————————————-
Edwin Omar Palacios Borjas in Honduras (Activity: Clothing Sales)
You Loaned:$25.00
Total Repaid So Far:$23.50
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=13060
——————————————————————————-
Juan Rostro Cano in Mexico (Activity: Home Products Sales)
You Loaned:$25.00
Total Repaid So Far:$20.32
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=13129
——————————————————————————-
Ikram Aliyev in Azerbaijan (Activity: Farming)
You Loaned:$25.00
Total Repaid So Far:$12.55
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=28525
——————————————————————————-
Maria Cedillo in Ecuador (Activity: Hardware)
You Loaned:$25.00
Total Repaid So Far:$6.25
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=29034
——————————————————————————-
Arafa’s Mkombozi Group in Tanzania (Activity: Food Production/Sales)
You Loaned:$25.00
Total Repaid So Far:$10.00
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=39644
——————————————————————————-
Estrellas Group in Bolivia (Activity: Traveling Sales)
You Loaned:$25.00
Total Repaid So Far:$8.34
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=47403
——————————————————————————-
Deme (Appui mutuel) Group in Mali (Activity: Catering)
You Loaned:$25.00
Total Repaid So Far:$3.58
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=54384
——————————————————————————-
Rosa Egoavil in Peru (Activity: Retail)
You Loaned:$25.00
Total Repaid So Far:$4.17
View loan profile at:
http://www.kiva.org/app.php?page=businesses&action=about&id=54700To view your Kiva loan portfolio go to:
http://www.kiva.org/app.php?page=accountIf you have more questions about Kiva’s repayment policies, please visit our Help Center:
http://www.kiva.org/about/helpBest wishes,
– The Kiva Team
I am looking forward to lend some money in the next days.
Careful people, my PayPal account went into lockdown while they ‘reviewed’ it as I had over $1,100 come out of the Kiva.org account from this event. Finally got it cleared up this morning after nearly a week of haggling back and forth and faxing documents to verify my bank information. PayPal blows and I wish Kiva.org would come up with an easier way to do things.