I'd like to be able to add a fixed amount of Kiva Credit to my account automatically every week, month, quarter, or year, etc. - like a standing order or standing instruction. If I could do this I would be able to set up Auto-Lending so that new funds and redeemed funds in my account would always be lent out. This would let me build up a portfolio over time without having to visit Kiva.org manually every month or every quarter, add credit, and administer my loans.
It is technically possible for an organisation which uses PayPal to allow its customers to set up 'subscriptions', or recurring payments, which are authorisations to debit a fixed amount on a regular basis.
Please speak up here and tell Kiva through http://www.kiva.org/help/contact-us
if you would also like this.
(It's plausible that Kiva may encounter capacity problems if lots of people constantly add Kiva Credit regularly, and there aren't enough borrowers -- but with recurring payments, I think Kiva would be in control and would be able to choose NOT to draw on standing instructions one month if there was an issue with capacity.)
Do you like this idea?