Wasn't sure where to post this, so here is as good as any, since its about journals..
Was just looking through the "about us" section and under this
http://www.kiva.org/about/pic_model. I saw this about journals that I thought was interesting which has probably been there forever, but I haven't seen this before (bold added for emphasis):
Partnership Selection Requirements
Operational Requirements
In order to work effectively with Kiva, a microfinance institution must be able to:
Take digital photographs of borrowers
Write borrower and business descriptions
Write at least one journal entry per borrower (i.e. business update)
Upload photographs, business descriptions and journal entries to the Kiva website Communicate via email and access the Internet regularly
Speak English, Spanish or French
Legally accept US dollar debt from a foreign lender and be able to repatriate funds
Manage foreign exchange risk
Reporting
Kiva's social investors provide subsidized capital in exchange for impact transparency. MFIs must report on the social impact of clients at least once per loan term. Ok - I may have misread this, but I think that it is saying that at least one journal entry (not just a repayment or disbursement notification) is required for each loan. That's great, if that's the case. I really look forward to the journal entries!
