Late Loaning Lenders

[Guest]

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[David2051]

Given the insight we were given on the popularity programming, I think we can be clever about this. 
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Colette

Hi, what insight were we given? Is there a message somewhere that describes the popularity algorithm?  Thanks!

[jennifer]

I'm starting a list of the loans nearing expiration so we can keep watch.  Thankfully one of the 4 days left loans was raised this morning   ( $ = funds checked out, $ = amount in baskets, $ = amount needed)

[updated list below]

[jennifer]

Hi, what insight were we given? Is there a message somewhere that describes the popularity algorithm?  Thanks!

It's in the USA Loans thread - scroll down to see Jonathan's post at #521.
http://www.kivafriends.org/index.php/topic,3922.500.html

[Diane R]

David, Kiva staffer Jonathan described the algorithm in several posts in the USA Loans thread, starting here.

http://www.kivafriends.org/index.php/topic,3922.msg64430.html#msg64430

--Diane.

[carien]

the only one in the red is now on the first page

Carien

[David2051]

The popularity algorithm is a bit dense...:

   #1 Videos - we give those loans a boost.
   #2 Age of the loan - newer loans get a boost.
   #2 Funding rate over the last hour - more recent $ checked out bumps the loan.
   #3 Page Views - more views = more popularity
   #4 Lifetime funding rate - more funding increases the popularity score

Ok, I paraphrased the above quote to reflect a lot of that thread.  So basically what we can control is the amount checked out of baskets in the last hour, and the number of page views.

I'm guessing there is no magic number for funding rate, just the actual dollar amount compared to all other loans on the system at that time. 

I've never seen anyone in chat.  Has that been used effectively before?  I'm afraid that at 11am Pacific time Monday, I will be at work.   

Also, for a particular loan on the expiring soon list, is there a quick way to determine what page they are on in the popularity ranking?  It would be good to be able to evaluate the effectiveness of our efforts.

David

[jennifer]

Also, for a particular loan on the expiring soon list, is there a quick way to determine what page they are on in the popularity ranking?  It would be good to be able to evaluate the effectiveness of our efforts.

David

I don't know of a quicker way than scrolling through the first few pages. The popularity sort seems to change constantly.  One of the Ghana fish selling loans that was just added this morning is now the very last loan on the popularity sort.

[cpbailey]

Also, when we massively flock to one loan in a short period of time, it CAN end up on the front page.  THen things really take off.  I seem to remember that for a big group loan in Paraguay some time back.

Some of the above list have already made some progressive, changing ranks within even.

If you cannot make 11am on MOnday, then perhaps another time.  We should post the chosen loan in KF so one can quickly see what we are working on.  It is difficult to find a good time across the KF members as Europe is getting to be late at 11am CA time.  So maybe another one later in the day on Tuesday thru Thursday?

Colette

[jennifer]

Some progress today - the 4 days left loans both funded and the remainder of the large Bolivian loan funded.    Otherwise it was a little slow on the last page of loans today.

I'll be at work tomorrow 11AM so can't participate in the chat, but I hope it goes well!

[cjp1973]

Aqdam Badalov has made it to the first page.  His loan has 6 days left.  Lets hope it gets finished off while it is on the front page