Large, Languishing Group Loans?

[Guest]

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[howard9]

Let's hope you are right. This has been discussed, certainly, and there is plenty left for others.

Howard

Edit - the $1000 has now been taken out again - only $50 in baskets. If not to boost Popularityu, what IS going on?

[alan]

Putting 40 loans up the popularity list would defeat the project, as they would dominate two full pages of loans creating a choice problem. Putting 1 up to first place, as 16 de Mayo is right now, would help. So let's choose to assume that's the purpose of whoever put it in a basket.

Go 16 de Mayo!

[howard9]

The $1000 is back in basket - never a dull moment, as they say. 63% raised.

Howard

[YowieFreak]

Putting 40 loans up the popularity list would defeat the project,...

I was thinking that 40 different basketed amounts of $25 of the same loan might be more effective than a single basketed amount of $1000.

But I'm still suspicious that the "popularity" is determined simply by the time since the last action on the loan (e.g. time loan posted on site, time that an amount was put into a basket [perhaps], time an amount was checked out) - so if there were 40 different actions then it wouldn't affect matters anyway - only the last action's time would affect the popularity rankings.  And again, the amount placed into the basket / checked out wouldn't affect the ranking.

(The only thing that makes me suspect that the time is the criteria affecting "popularity" is that one of the API calls that can be made is to obtain the "newest" loans, which is the equivalent as far as I can tell of what the website refers to as "popularity" - but there is no definition [as far as I know] as to how the API determines what it classes as "newest".)

[howard9]

It is a good idea to basket an amount to boost popularity, but I doubt it is very effective. The boosted loan stays at the top for only a couple of minutes, and then vanishes. The last time 16 mayo was at the top, I looked very soon afterwards, and it wasn't in the first 10 pages of popularity.

Howard

[Mona]

Oh, oh, we have now a second loan with about $1000 left to fund that has less than one day to go.

This leaves us with the following situation:
16 DE MAYO Group: 15 hours 47 minutes left, $1075 available
Asli Huseynova: 22 hours 24 minutes left, $1125 available

At least the 16 de mayo group is atm on the popular site. But as we seem to be running out of time additional help like spreading the word would be really appreciated! A big thanks and  to all who have already helped so far!

[Dottie b]

16 de Mayo Group is open again.

http://www.kiva.org/app.php?page=businesses&action=about&id=114319&_tpos=1&_tpg=1

[alan]

I was thinking that 40 different basketed amounts of $25 of the same loan might be more effective than a single basketed amount of $1000.....

Ah. Yes, I agree, that it might have the desired effect, subject of course to the actualy method for determining Popularity, and of course subject to being shifted down the list as soon as 40 new loans come in.

[Mona]

Down now to 26 loans in danger. 

The next loan in the line to Parviz from Azerbaijan has now 15 hours left to get the remaining $1500: http://www.kiva.org/app.php?page=businesses&action=about&id=114380

[alan]

I see 16 de Mayo is now Funded after some popping in and out for a while.

But I also see this loan
http://www.kiva.org/app.php?page=businesses&action=about&id=119418
has similarly been popping in and out from Funded to Fundraising, apparently with about $75 to go right now, and 24 days left to fund. It's a largish US loan for $8000 (for those who don't want to click on it).

Again, another good day's work well underway. Keep it up!