Enhancement to effortlessly increase Kiva account balance

[Guest]

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[Schaedz]

I recently returned to my account on Kiva to make some new loans. I had $3 in the account from a recent repayment. I added some loans and went to checkout. I wanted to add all of the money related to the new loans to my account but there was no option in the transaction processes to leave the $3 credit and add the amount of the new loans. My intention is to build credit in return payments and reuse this for a new loan when it hits $25. I would like to suggest that a check box option is made available to use the credit in the account or not to use it. A further enhancement would be to be allowed to specify how much of the credit you wanted to use and how much money to add. Kiva should have it defaulted NOT to use the credit so the user has to "opt-in" by checking a box or specifying the amount of credit to use. This would increase the funds flow to the Kiva account and the amount of credit that remains on the books.

Regards

David Power

[JohnR]

Same thing happened to me.  Good suggestions.  In the meanwhile, you have to add credits first, before you check out.

John

[linaka]

David, there is a 'workaround' option that can accomplish what you want to do - let's say you want to make $50 in loans, donate $10 to Kiva and keep your $3 credit 'on the books' - simply click on the "Add credit" option to transfer $60 into the account before you checkout and that way you can 'pay' for your loans & donation with 'new money,' keeping the repayment credits in reserve until they reach $25

However, I do agree that I'd like to have an option to leave credits in my account rather than have it automatically applied to any new loans but in the meantime, this 'fix' works just as well for me.

Lynda

[Martha]

Lynda, thanks!  I have been wanting to make a loan with new money, and couldn't figure out how to do it since it automatically applied my credit.   

[AccountAbility]

Just a thought, but I wouldn't be a bit surprised if Kiva's legal eagles resist this idea because they don't want unused credits to get "stale" and come under possible escheat laws that require them to turn over dormant credits to the state.

The work around suggested results in the credits technically coming from "new monies" thus preventing credits from getting "stale".

Dan