Kiva, Ebay, and Paypal Sugestion

[Guest]

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[KivanSteven]

Sure, no problem, its hardly insight, but thanks 

[i Live 4 Kiva]

Timely thread - I was thinking about this today.  It would be nice if there were a way for us to list items on eBay at 0% listing/commission when the seller agrees to loan out 100% of the sales price.  Payment via PayPal would have to be mandatory and there would have to be some way to ensure that payments were in fact used to provide Kiva loans.  Lots of complexities here with the more restrictive payment option, possibility of default buyers, returns, verification of Kiva loans etc. 

Once the money is in your PayPal account, there is no way eBay can force a person to float the loan.  Perhaps a rating system similar to Ebays would work.  Kiva lenders with X amount of loans (a minimal amount) would be provided the 0% listing/commission, or a ratio of amount sold/collected to loans 1:1.  Maybe Kiva could set up the lender/loan processing page to tag loans paid with auction proceeds.  We get free listings & Ebay gets more exposure.  The owner of Ebay donated $100 million to microfinance so I would think they would be flexible on this.  Another option is a parallel PayPal/Kiva account that is only authorized to pay Kiva for loans, similar to a branded debit card.

Today I realized I have things sitting around that I don't need and are just taking up space.  I can sell these things on Ebay and put the money to work, or I can continue moving them from place to place and probably end up paying storage.  I plan to retire in the next year and I will probably travel for awhile.  Now is a good time to lighten the load. 

For now I'll go ahead and absorb the listing/commission fee as in theory I'll get the money back eventually anyway.  Stay tuned for more.......................

Shane       

[Henry]

ummmmmm   just wish to mention, cause I wouldn't be me without mentioning it!!!   

Igive members get a small percentage from ebay purchases and sales.  I don't know about how it works, but Queen of Hearts gets a percentage from ebay! 

Go Queen!

[i Live 4 Kiva]

It looks like Ebay/iGive has a 20% contribution to the Kiva Shopping Club, see below from iGive website

Special Rate Donation at eBay. The following rules apply:
Donation is 20% of the EBAY REVENUE/FEES, which were paid by the seller of your item(s). For NEW, active eBay members: $10 donation (must place bid/Buy-it-Now within 30 days of joining eBay).

Shane



 
   
 
 

[Dottie b]

It looks like Ebay/iGive has a 20% contribution to the Kiva Shopping Club, see below from iGive website

Special Rate Donation at eBay. The following rules apply:
Donation is 20% of the EBAY REVENUE/FEES, which were paid by the seller of your item(s). For NEW, active eBay members: $10 donation (must place bid/Buy-it-Now within 30 days of joining eBay).

Shane

Note that that's 20 percent of the money that eBay receives from the seller, not 20 percent of what we pay for the item!

But it's all good! 

Dottie B