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Author Topic: Prepaid Visa/Maestro/Mastercard cards  (Read 1790 times)
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glasgowbry
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« on: August 02, 2009, 06:05:57 AM »

Hi folks

With the world in complete economic meltdown and Advanta no longer issuing the Kiva credit card, would it be a good idea to get in contact with issuers of prepaid credit cards and ask them if they would issue a Kiva prepaid card ?

I'm based in the UK so a US Dollar FX (Foreign Exchange) or travel card would probably be more appropriate for here.

But for US citizens a normal daytoday prepaid card would be Ok to load funds to and then add to your Kiva account via paypal.

Whats the point of this Huh?

Well these companies usually charge a fee for the card , so if they agree to produce a kiva card then they could collect funds then fund loans through a profile in Kiva and/or donate the money to Kiva.

Also it would be nice to have a Kiva card in your wallet , yes ??

What do you all think Huh?

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Peter S
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« Reply To This #1 on: August 02, 2009, 08:11:41 AM »

Nice idea, it might fly, but I get the feeling that Kiva promotional tie-ins with outfits like Advanta or (more recently) Purex tend to be driven initially by individuals who work at the outfit in question, and happen to have the Kiva bug.  This was certainly the case with Purex - it would be hard to imagine that someone at Kiva said "hey guys, let's find and join forces with a detergent manufacturer to promote the alleviation of poverty" - and perhaps to a lesser extent with Advanta.

In other words, perhaps the impetus for this needs to come mainly from Kiva's potential partner, rather than from Kiva itself.   But people like Premal and Matt are always networking, and meeting people with influence and budgets for Corporate Social Responsibility. I think making connections of this kind is part of the job specification for Kiva's Director of Development (Bennett Grassano).  As far as networking is concerned, Premal for example was on the same platform quite recently as John Stumpf the CEO of Wells Fargo, which is perhaps how the present Wells Fargo Kiva initiative came about.

Incidentally, Kiva does need to be careful about the partnerships it forms.  I notice that they still list Advanta as a corporate supporter, even though Advanta has pulled out of the credit card business completely (it's not just the Kiva branded card they've ditched), and Advanta's kivab4b.org site that Kiva still links to now just says "website disabled".  To some apparently well-informed observers it seems that there is a major scandal brewing in relation to Advanta's recent offering of 11% returns to unsuspecting members of the public, so perhaps Kiva needs to get rid of the references to Advanta fairly soon, before any association with Advanta becomes completely poisonous.

Welcome to KivaFriends...


Peter
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