Comments on: RKC Microfinance – Tino Lavea http://microfinance.fm/rkc-microfinance/tino-lavea Just another WordPress weblog Sat, 20 Feb 2010 19:27:36 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: herne http://microfinance.fm/rkc-microfinance/tino-lavea/comment-page-1#comment-104 herne Sun, 16 Aug 2009 08:32:55 +0000 http://microfinance.fm/?p=294#comment-104 Like you I was disappointed. Not by US loans but by the introduction of what I regard as special privileges, No $200 loans for these 'jumbo' borrowers, they get fifty times the amount and often for three times as long. It seems there are now two classes of borrowers on Kiva. I complained to Kiva, wrote letters, blogged but to no avail. There are alternative micro-finance sites and I have been much happier since finding one closer to my ideas of micro-finance - small loans, focus on third world poverty. Kiva have made a smart move and is picking up more money from the US. Small scale sites like www.UnitedProsperity.org have also benefited, as new users have signed up. All in all, everyone wins. Like you I was disappointed. Not by US loans but by the introduction of what I regard as special privileges, No $200 loans for these ‘jumbo’ borrowers, they get fifty times the amount and often for three times as long. It seems there are now two classes of borrowers on Kiva.

I complained to Kiva, wrote letters, blogged but to no avail. There are alternative micro-finance sites and I have been much happier since finding one closer to my ideas of micro-finance – small loans, focus on third world poverty.

Kiva have made a smart move and is picking up more money from the US. Small scale sites like http://www.UnitedProsperity.org have also benefited, as new users have signed up. All in all, everyone wins.

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