Kivanniversary

[gement]

February 13th was the one year anniversary of my first loans on Kiva. This was closely followed by the more meaningful celebration of a full year on Kiva, my twelfth Credit Day. (Every month on the 15th, a pile of money flows back to the lenders.)

While I'm no longer in the first blush of obsession, I seem to be administering the loans for four other people. In addition, I just looked at the nifty complicated spreadsheet app that slices and dices all my numbers to discover that...

For the first time in a year, my lifetime repayments are greater than my lifetime new money. That's right, on average, every dollar I've put in has gone through the full loan cycle once. (For a while I was putting in money quickly enough that this day looked a very long way off.) I really did just clear it today, by $1.42.

As always, I'm happy to geek out about microfinance with anyone who will listen. Questions? I field them! Interested but not sure how to start? I'm good at getting people hooked.

Comments

[sistawendy.livejournal.com]

You're a virtuous and profitable banker. That makes you a rare commodity these days.

I wonder if Nibs has heard of Kiva. She'd be all over it like white on rice.

[gement.livejournal.com]

I'm not making any interest. :) But I do use phrases like "diversify" and "balance my portfolio" and "shared currency risk."

A Kiva gift certificate goes over very well with people in my experience, especially along with an offer to look through the site with the giftee and help them cut down the information to manageable highlights.