Long Term Plans

[Guest]

.

[wind5001]

Same here, Eli! 

[Wood Fairy Glenda]

Eli - I'd love to follow your rule, "Slowly but surely." Unluckily for me, the "slowly" part is very difficult - I snatch anything that appeals to me (very poor countries, appealing photos, places I've seen first-hand, people managing to keep on despite long odds, people supporting orphans, craftsmen, farmers, oddball occupations like my mushroom farmer or beekeepers or shellfish gatherers or......). So for me, the only part of the motto I'm able to follow is: "Surely."

[Kay]

 

[Odette]

My intention was to lend one loan a month. Then it was once every pay day. Then it was to have an even number of loans. Then it was to lend whatever I could afford on my Mastercard.  Now I intend to lend only when my loans are repaid.  But I am weak   and cannot resist an interesting story or fabulous picture or an innovative way of earning a living.  I'm a KIVA ADDICT. 

[Kay]

I'm with you, Odette!

[Peter S]

slowly but surely increase is my intention also..

I've got a particular absolute limit in mind (400 active or raised loans), just over a fifth of the way there right now, so it'll be about 18 months before I get there.   I expect by that time Kiva will have made the repayment emails, and the portfolio management aspect generally, somewhat more "evolved" than at present.  I always loan just $25, which helps to avoid some of the nightmares of figuring out where things stand...

[Spartan]

Aloha!

Long time no posts - sorry been busy with RL 

Anyway, my plans were simple enough. I decided to lend $25 a month for the first year and $50 for the second year and $75 for the third and $100 for the fourth. That would give me $300, $600, $900 and $1,200 respectively for a $3,000 total investment over four years to clients and $300 to Kiva itself for administrative support. After the fourth year I will continue to add $100 a month for some time.

I want to build my account to a nice round $10,000 level and I hope to see it turnover at least once a year. After that I dont have any idea of what to do next. I'm also thinking of adding Kiva to my life insurance plan after I achieve this goal. However I'm unsure of how to work it out yet plus Kiva is still young so we will see what time holds.