Quote:
Originally Posted by jyl
Do you receive interest on Kiva, or is it a lend $1, get repaid $1 thing?
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You don't earn any interest, and actually there's a chance that you won't get repaid.
The way I read it, the lending partners that Kiva funds are assigned a risk rating. Those with 5 stars are the least risky while those with 1 are riskiest. The people that meet their criteria are put forward for sponsorship.
I figure if the folks out there looking to better their lives have been vetted, then I'm going to try to help. The upside is they can pull themselves up, and the downside is I might lose $25. Pretty good risk/reward in my book.