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Ulli
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« on: December 15, 2007, 07:08:32 AM » |
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We all know that the default choice on some of the pages is to sort by popularity. Does anybody know how Kiva calculates the popularity? I noticed that when the "Raised Loans" page is sorted by popularity some loans with only one lender appear on the first few pages. So does "popularity" mean that the loans that are funded in the shortest amount of time are the "popular" ones, but then why do the really large group loans often appear on top of the list. This seems to contradict my first explanation attempt.
Ulli
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There can be no real individual freedom in the presence of economic insecurity. (Chester Bowles)
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Peter S
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« Reply To This #1 on: December 15, 2007, 07:55:43 AM » |
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this has been discussed a few times, here for example: http://www.kivafriends.org/index.php/topic,1102.msg10127.html#msg10127I think the general consensus seems to be that the formula is a mystery wrapped in an enigma.. Possibly the explanation of the large group loans appearing near the top of the popularity list is that the formula references percentage of loan funded and time it has been available on the site? A measure of lending velocity in other words. Who knows - I always change the view immediately to look "new to old"...
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verba volant, littera scripta manet
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Odette
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« Reply To This #2 on: December 15, 2007, 09:07:36 AM » |
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Peter, "a mystery wrapped in an enigma" thank you for that explanation.  I think that is the response to most questions I've been asking myself lately and have spent countless hours pondering in my life. 
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Ulli
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« Reply To This #3 on: December 15, 2007, 11:56:35 AM » |
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the formula is a mystery wrapped in an enigma..
Thanks Peter. Makes me feel much better. 
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There can be no real individual freedom in the presence of economic insecurity. (Chester Bowles)
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cpbailey
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« Reply To This #4 on: December 15, 2007, 02:02:30 PM » |
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In layman's terms--magic pixie dust!
Colette
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TheTatiana
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« Reply To This #5 on: December 21, 2007, 11:27:39 PM » |
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I always change mine to sort by loan amount. I love to lend to people who are only borrowing a small amount. Cause it just floors me how such little amounts can make such a difference in people's lives. 
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miGIRLS
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« Reply To This #6 on: December 21, 2007, 11:42:46 PM » |
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The Popularity Factor... could I get that in a mathematical equation, please?
I'd like to see RANDOM used as the default sort so the not-so-popular loans don't end up on the last page all the time. I sort by New to Old if I've been active during the day, but otherwise it's a moot point (they're all New to me). Frequently I use the Loan Amount as I like those little loans. I rarely participate on a loan of $1000+ since I prefer the short-term loans and they are usually smaller amounts.
Still wishing for a sort on Loan Term.
Hoping for snow instead of ice this weekend here in Oklahoma! Karen
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Peter S
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« Reply To This #7 on: December 22, 2007, 09:12:47 AM » |
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The Popularity Factor... could I get that in a mathematical equation, please?
here you go Karen. It's up there on the blackboard, plain for all to see 
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verba volant, littera scripta manet
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Odette
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« Reply To This #9 on: December 22, 2007, 02:21:03 PM » |
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Thanks, Peter, now it all makes sense seeing it in black and white!
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miGIRLS
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« Reply To This #10 on: December 23, 2007, 12:05:19 AM » |
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Thanks, Peter. Looks like some more fuzzy math or perhaps creative accounting? I'm going to ask my resident young math genius to run a proof. (She told me today she got a 99% on her Pre-AP Calc final.)
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« Last Edit: December 23, 2007, 12:06:28 AM by miGIRLS »
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