KivaFriends Liaison: Topics for the next check-in (now 10 FEB 2011)

[Guest]

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[cpbailey]

How about an active quota of 10% of total monthly quota...

[Skimmis]

Even for the holiday season?

I am not sure, what do you think?
24 loans a day * 30 days = 720 loans a month from each MFI

The problem is when 100 similar loans from one MFI is posted at the website at the exact same minute.
Kiva could perhaps put them in a que and spread them out somewhat, with at least 5 minutes or more apart.
If one loan then expires, it would be possible to move the refunded capital to another loan from same MFI.

[Visitor Number 1]

I am not sure, what do you think?
24 loans a day * 30 days = 720 loans a month from each MFI

The problem is when 100 similar loans from one MFI is posted at the website at the exact same minute.
Kiva could perhaps put them in a que and spread them out somewhat, with at least 5 minutes or more apart.
If one loan then expires, it would be possible to move the refunded capital to another loan from same MFI.

I like Colette's idea of doing a % of monthly quota at a time.  I don't particularly like posting on a "per loan" basis because a $100 individual loan and a $3000 group loan would be treated the same.  Posting on a "per loan" basis would penalize the Field Partners who post smaller loans that tend to get funded more quickly. 

[Skimmis]

Several poeple on the LLL team has requested the possibility to autolend based on time left before experation.
Example 24 hours or less left ?

[Skimmis]

With the holiday season comming now,
i would suggest that donation is set to 0% as default when regarding Kiva gift cards. For new users it may be easier to join as Kiva lenders then

[carien]

Could it be possoble to make a seperate page for the team captains where they can see which members have joined now new members turn up in between other messages and it's really difficult to keep track.

[David2051]

Could it be possoble to make a seperate page for the team captains where they can see which members have joined now new members turn up in between other messages and it's really difficult to keep track.

It would be great to have a captains only tab on the team page, like the edit members page, where new members would show up until a captain checked a box to remove them.  That would be perfect for teams who like to welcome new members.  Great idea!   

[Skimmis]

I just read on the message board LLL on kiva.org

"Visit lender's page

Peter OConnell

Joined: Jun 21, 2011
One of my deliquent Pearl Microfinance loans is the Wanyange Tusubiira Women's Group:
www.kiva.org/lend/316351

They are currently taking out another $3,025 loan:
www.kiva.org/lend/368170

I thought I recognised their name at number 3 on the popularity list - it doesn't cross-reference to their earlier loan in the same way that many others do!"

"Visit lender's page

Peter OConnell

Joined: Jun 21, 2011
More than 80% of Pearl loans are behind and yet they get a 3 star risk rating!

3 people I know of have joined the Pearl fans team just to try to get information - but without success.

I amazed that Pearl gets further and further behind without Kiva seeming to do something - I hope there is something happening behind the scenes.

As you say its the new people who have been pulled into this new loan - would they have joined if they had known the same group had a delinquent loan, even if the fault is Pearl rather than the group? "

"Visit lender's page

Peter OConnell

Joined: Jun 21, 2011
@Betty re: #122729

In response to my question Kiva have relabelled the deliquent loan as "anonymous" which conceals the evidence from anyone who was not a lender on that loan! It is now impossible for the new lenders to discover the previous delinquent loan. I am getting very concerned about the way Kiva is handling the Pearl situation.

Pearl's delinquency rate has improved from 41% to 35% this month but I think that is down to new loans being funded without any further payment being due until 1 January. "

I think it is very litle transperency when Kiva hides the information when it is the MFI who is late with payments and the information is hidden from the lenders this way.

[Skimmis]

http://www.kivafriends.org/index.php/topic,5313.msg93128.html#msg93128
"Pearl's delinquency rate was up to 41% at one point but has reduced possibly due to more loans being funded without more payments being due - the next payment not being officially late until after 1 January.

We are now at the point where groups with delinquent loans are getting further loans, but without the lenders on the new loan being made aware that there is an earlier loan that is delinquent.  Kiva do not seem to be doing what they can to ensure that lenders know the risks.

Pearl still has a 3 star risk rating which seems unjustified.

The information I could get was from a Kiva Fellow, who stated, "everything at Pearl is going well, the new management team has been in place for over a year and is phenomenal"  This was at the end of November and I am not sure that "going well" is how I would describe their current situation.

Another Kiva member has described the situation where Kiva promotes Pearl loans while being unable to get payments on 4 out of 5 existing loans as "fraudulant"

Pearl needs looking into, and an honest and up to date assessment of the situation putting on Kiva before the complaints get out of hand.

Peter O'Connell"

It has been mentioned before , also here, but i dont think we have got any answear from Kiva.
Kiva neends the possibility to set:
Delinquency Rate:
Loans at Risk Rate:
Default Rate:
Currency Exchange Loss Rate:
when auolending.

else the lenders risk lending to loans such at Pearl http://www.kiva.org/partners/84
without knowing about the increased risk.
The star system clearly isnt enough.

[Skimmis]

http://www.kivafriends.org/index.php/topic,5923.10.html
It would be good if liaison could bring up this Topic!