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Author Topic: Long "Raised" Status on Loans  (Read 5305 times)
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Joe
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« on: November 27, 2007, 10:42:22 PM »

Q: I helped to fund a loan but it has not been disbursed yet. What's taking so long for the loan "Raised" status to become "Active"?

A: There are usually a few factors involved, but what it boils down to is that some MFIs have cash reserves on hand and can distribute funds to their businesses once a business is funded (therefore making it "Active" right away). Others have limited funds and will a few weeks until money arrives to then distribute to businesses they've listed on Kiva and officially begin the loan.

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« Last Edit: November 27, 2007, 10:43:37 PM by Joe » Logged

Joe
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