Search results

Actually, that's way worse than average; you've been unlucky! Their overall default rate is only 1.2%. I've made nearly 300 loans and I can only recall 1 or 2 defaulting, which seems consistent with their statistics. Did you try hard to pick the dodgiest-looking borrowers? :P ;)

We got there today! http://somersoft.com/forums/showpost.php?p=1204110&postcount=170

Why thank you! You can use my Kiva username, which is "microlenders". If you sign up via the free trial link in my signature (middle line), that would also work. :)

We've cracked the US$100K mark. Truly, you guys are awesome! :D As of today: 78 members 3,892 loans Total money loaned: US$100,175 Our stats also show that we've made 49.9 loans per member, which is huge; the overall Kiva average is only 10.17. I can't help seeing that 50 loans per...

Awesome! Welcome to the team. :)

Heading for $100K! As of today: We have 74 members - hurrah! We have made 3,627 loans totalling US$93,750 Give yourselves a heart round of applause!

Onya, Rickardo! :)

Thanks for the reminder! Woo hoo!

Awesome! Just updated the team stats in my sig. :)

From Kiva help:

Welcome to the team, both of you! I'm inspired watching this small team steadily grow the past few years. :) It's the fact that people have stuck with it, continuing to re-loan, and that we've had a slow but fairly consistent growth of members, that's allowed our team to achieve so much...

It's not a donation; it's a loan. As others have said, there is no tax deductibility. I don't understand the analogy at all; McDonald's aren't in the lending business. :confused: Even if they were, a loan's principal isn't deductible to anybody; at best, the costs of lending are a deduction...

Absolutely; what a team! :) Welcome to the team! :)

Yes, they did, and thank you. :)

Well, next time make sure when you're checking out that it lists your team underneath your loans. :) Well done, Rooster - bravo!

Yours are included, Joan; we're up to 1,995 now...

$50K in loans achieved! 2,000 loans in sight :) Can you make the 2,000th loan by our team? Based on current projections, and our progress has been pretty consistent, we should hit 2,500 loans by 31 Dec 12. Bravo!

Four years and six weeks later... Wow, so inspiring. I love my property friends! Four years and 6 weeks after first creating this thread, I'm delighted to report that the Somersoft team now has: 57 members 1,687 loans $43,450 loaned Free trials are still available; there's still...

Loans aren't tax-deductible, because you get the money paid back. Donations to Kiva are tax-deductible to US taxpayers, as it's a registered charity only under US tax law.

As long as his last name wasn't "Mugabe". ;) LOL I can't see your loan attributed to the Somersoft team - did you join? :) And thanks for your kind words, but truly, it's all the team who've done the lending. (Quietly I'm really chuffed, but don't tell anybody. :p) In any case, welcome to...