Kiva Friends - Automatic Reinvestments

paulfriedman7

Kiva Supporter

Posts: 1

« on: January 27, 2008, 07:07:57 PM »

After the novelty wears off, some donors may not have the time to keep coming back again and again to reinvest repaid Kiva loans. I would like to see a check-off box on users' profiles saying something like: If my Kiva credit balance is more than <blank> amount and I have not made a Kiva loan in <a month/three months/six months/a year> automatically re-loan the excess to <the most popular/the oldest/a random> business(es). And, in addition, [check-box] donate an amount equal to 10% of such loans or <blank> dollars to Kiva.org.


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Paula-from-NZ

Kiva Supporter
Christchurch

Gender:

Posts: 126

Re: Automatic Reinvestments

« Reply To This #1 on: January 29, 2008, 05:40:00 PM »

I think that is a great idea!


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Poverty is like punishment for a crime you didn't commit. ~Eli Khamarov, Lives of the Cognoscenti

KivanSteven

Kiva Supporter
near Niagara Falls NY

Gender:

Posts: 2294

Re: Automatic Reinvestments

« Reply To This #2 on: January 29, 2008, 06:04:21 PM »

Thats a great idea Paul, I think thats been requested here before, but it never hurts to bring up a great idea once again. It would be nice if we could specify a country and type of loan as well that we would like our repaid funds to be re-loaned to--that would probably be necessary. It might eliminate all the personal pleasure of loaning, but it doesnt take away from the fact that people are continuing to be helped by our individual efforts and generosity.


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