The playbook suggests using themes:
err.. yeah, great ideaThe playbook suggests using themes:
It can often be difficult for new lenders to narrow down which borrowers to loan to. Monthly themes are an easy and fun way to help team members collaborate and focus on certain types of loans. Consider starting things off yourself or having team members vote on a theme. You might pick something like "clean energy" one month, and maybe something a little more random the next month, like "borrowers wearing hats." Have fun with it!
In my limited experience with Kiva loans, I have found it can be hard to narrow it down to select a Kiva recipient so perhaps themes are a good idea. Should we consider using Hunger - the same need was selected for the quarterly charity - as the first theme? Maybe we could match quarterly themes for the charity selected and the recipients of Kiva loans.
We could also come up with criteria with which we want to give.The themes can just be suggestions. Seems to me that team members could make any Kiva loan s/he wants to and still get team credit.
I agree with the idea of such criteria, but I haven't got the scope to track it, so I just give. If you (and anyone who wants to help) want to pick the loans from now on, that's cool.We could also come up with criteria with which we want to give.
- Repayment Term
- Currency Exchange Loss
- Preferred Countries (perhaps places we've visited?)
- Risk Rating (in advanced search: 0-5 stars)
- Delinquency % (in advanced search: 0%-29%)
- Default % (in advanced search: 0%-58%)
- Average Cost To Borrower (in advanced search: 0%-77%)
Kiva is like this, they have very high cost to borrow due to field partners.So I like this:
But the Average Cost to Borrower of 35% APR gives me pause. The field partner does offer a "24-week enterprise development-training program that ensures each borrower has basic business and loan management skills prior to receiving a loan." See: http://www.kiva.org/partners/388
Could that be why the cost to borrower is 35% APR?