Comments on: Targeting the Poorest of the Poor http://fellowsblog.kiva.org/2008/08/27/targeting-the-poorest-of-the-poor/ Kiva Fellows share their experiences from the field Mon, 23 Nov 2009 09:29:35 +0000 http://wordpress.com/ hourly 1 By: Kieran Ball (KF6) http://fellowsblog.kiva.org/2008/08/27/targeting-the-poorest-of-the-poor/#comment-2088 Kieran Ball (KF6) Tue, 16 Sep 2008 22:43:33 +0000 http://kivafellows.wordpress.com/?p=1070#comment-2088 Great blog! I'm excited to hear that Kiva is becoming a more important part of AMK's portfolio, and am looking forward to helping them achieve this. Keep up the good work! Great blog! I’m excited to hear that Kiva is becoming a more important part of AMK’s portfolio, and am looking forward to helping them achieve this. Keep up the good work!

]]> By: Lahanda Punyasena http://fellowsblog.kiva.org/2008/08/27/targeting-the-poorest-of-the-poor/#comment-1996 Lahanda Punyasena Sun, 07 Sep 2008 13:38:01 +0000 http://kivafellows.wordpress.com/?p=1070#comment-1996 Good work. Keep it up! Good work. Keep it up!

]]> By: Eric T. Simnon http://fellowsblog.kiva.org/2008/08/27/targeting-the-poorest-of-the-poor/#comment-1933 Eric T. Simnon Sun, 31 Aug 2008 02:40:54 +0000 http://kivafellows.wordpress.com/?p=1070#comment-1933 Congratulations on making a positive difference for change with your loan tracker. Also, thanks for the excellent blog post. Congratulations on making a positive difference for change with your loan tracker. Also, thanks for the excellent blog post.

]]> By: John Hunter http://fellowsblog.kiva.org/2008/08/27/targeting-the-poorest-of-the-poor/#comment-1929 John Hunter Sat, 30 Aug 2008 15:45:49 +0000 http://kivafellows.wordpress.com/?p=1070#comment-1929 Thanks for an excellent post and all your great work. It is wonderful how well Kiva has used the internet to help facilitate effective economic development for those with the fewest economic resources. Thanks for an excellent post and all your great work. It is wonderful how well Kiva has used the internet to help facilitate effective economic development for those with the fewest economic resources.

]]> By: Jon http://fellowsblog.kiva.org/2008/08/27/targeting-the-poorest-of-the-poor/#comment-1916 Jon Wed, 27 Aug 2008 12:22:11 +0000 http://kivafellows.wordpress.com/?p=1070#comment-1916 While I understand the issue about the speed in which group loans are funded, I don't have any problems lending to groups. In fact, I seem to trust group financial soundness more than individuals. By that, I mean that I believe that groups are more likely to weather adversity and ensure that the loan as a whole, is repaid. I will say, however, what tends to catch my eye in a loan application, is the DETAIL provided. If a plan is submitted, well thought out and presented, I likely will provide funds for it. While I understand the issue about the speed in which group loans are funded, I don’t have any problems lending to groups. In fact, I seem to trust group financial soundness more than individuals. By that, I mean that I believe that groups are more likely to weather adversity and ensure that the loan as a whole, is repaid.
I will say, however, what tends to catch my eye in a loan application, is the DETAIL provided. If a plan is submitted, well thought out and presented, I likely will provide funds for it.

]]> By: wannado http://fellowsblog.kiva.org/2008/08/27/targeting-the-poorest-of-the-poor/#comment-1913 wannado Wed, 27 Aug 2008 04:06:34 +0000 http://kivafellows.wordpress.com/?p=1070#comment-1913 I love it that AMK loans to the poorest of the poor, but I'm a little less happy to see the trend toward large group loans. I understand the efficiency issues for AMK, but group loans are slower to fund on Kiva--these days sometimes taking the whole month to fund--and some people strongly prefer to loan to individuals instead of groups. Funding will be quicker if AMK can keep the Kiva groups small (perhaps dividing the large village groups into smaller subgroups for purposes of posting on Kiva). Or even better, posting individual loans for group members as BRAC is starting to do in some cases. Either way, compelling and reasonably detailed loan writeups help a loan fund quickly. And for group loans, we like to know how each group member will use the funds. Some lenders have strong lending preferences and want to support only particular types of loans, and other lenders want to make sure they aren't funding a business that they have moral qualms about. Just my $.02! Thanks very much for updating us on AMK's work. I love it that AMK loans to the poorest of the poor, but I’m a little less happy to see the trend toward large group loans. I understand the efficiency issues for AMK, but group loans are slower to fund on Kiva–these days sometimes taking the whole month to fund–and some people strongly prefer to loan to individuals instead of groups.

Funding will be quicker if AMK can keep the Kiva groups small (perhaps dividing the large village groups into smaller subgroups for purposes of posting on Kiva). Or even better, posting individual loans for group members as BRAC is starting to do in some cases.

Either way, compelling and reasonably detailed loan writeups help a loan fund quickly. And for group loans, we like to know how each group member will use the funds. Some lenders have strong lending preferences and want to support only particular types of loans, and other lenders want to make sure they aren’t funding a business that they have moral qualms about.

Just my $.02!

Thanks very much for updating us on AMK’s work.

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