Comments on: Microfinancing online http://www.bivingsreport.com/2006/microfinancing-online/ The Bivings Report (TBR) is a source of news, insight, research and analysis on the web-based communications industry. TBR content is posted, created and managed by internet strategists, media/communications analysts, web developers, designers and programmers, all of whom are employees of The Bivings Group. Thu, 18 Mar 2010 02:41:03 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Jude http://www.bivingsreport.com/2006/microfinancing-online/comment-page-1/#comment-186904 Jude Sat, 26 May 2007 05:41:40 +0000 http://www.bivingsreport.com/2006/microfinancing-online/#comment-186904 I have recently invested in 2 entrepenuers on Kiva and am glad that I am not getting any interest. the investment is not a money making scheme for me. It is a way to disburse wealth without the "charity" tag and the powerlessness the latter engenders in recipients. Cheers Jude I have recently invested in 2 entrepenuers on Kiva and am glad that I am not getting any interest. the investment is not a money making scheme for me. It is a way to disburse wealth without the “charity” tag and the powerlessness the latter engenders in recipients. Cheers
Jude

]]> By: David Sterry http://www.bivingsreport.com/2006/microfinancing-online/comment-page-1/#comment-158997 David Sterry Tue, 17 Apr 2007 23:42:11 +0000 http://www.bivingsreport.com/2006/microfinancing-online/#comment-158997 Charging interest does have a purpose. For instance, more people may contribute funds to such a program if some small amount of interest were collected. It also tends to make the borrower a little more realistic. I'm not saying that rates should be anything like those of normal financing sources(loansharks) but 2% to the lender and 3-4% from the borrower may help Kiva to accomplish their mission more quickly and on a larger scale. Another nice side effect is that borrowers will be better prepared to get more standard funding once they've outgrown the microlending market. Charging interest does have a purpose. For instance, more people may contribute funds to such a program if some small amount of interest were collected. It also tends to make the borrower a little more realistic.

I’m not saying that rates should be anything like those of normal financing sources(loansharks) but 2% to the lender and 3-4% from the borrower may help Kiva to accomplish their mission more quickly and on a larger scale. Another nice side effect is that borrowers will be better prepared to get more standard funding once they’ve outgrown the microlending market.

]]> By: Peggy Brayfield http://www.bivingsreport.com/2006/microfinancing-online/comment-page-1/#comment-156600 Peggy Brayfield Sat, 14 Apr 2007 01:09:40 +0000 http://www.bivingsreport.com/2006/microfinancing-online/#comment-156600 Why charge interest at all? There are organizations that foster microfinancing and do not charge interest. Why charge interest at all? There are organizations that foster microfinancing and do not charge interest.

]]> By: Bruce klassen http://www.bivingsreport.com/2006/microfinancing-online/comment-page-1/#comment-155455 Bruce klassen Thu, 12 Apr 2007 12:16:29 +0000 http://www.bivingsreport.com/2006/microfinancing-online/#comment-155455 How much interest do the local partners charge the loan recipient? How much interest do the local partners charge the loan recipient?

]]> By: Len Kleinman http://www.bivingsreport.com/2006/microfinancing-online/comment-page-1/#comment-10601 Len Kleinman Mon, 06 Nov 2006 15:43:33 +0000 http://www.bivingsreport.com/2006/microfinancing-online/#comment-10601 Very interested in your work, with possibility of modest participation. Very interested in your work, with possibility of modest participation.

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