[Charity] Get $25 Free Kiva Credit - Microfinance Site

machej on 08/08/2012 - 18:51
Last edited 08/08/2012 - 18:52

Moved to Forum: Original Link

BTW: The link is an affiliate link so I will get $25 to loan out too when you join. (A sponsor is paying the bonuses so in any case they will pay X millions)

How to Use Kiva

Make a loan

You make a loan on Kiva. All Kiva loans are made possible by our Field Partners, who vet, administer, and disburse each loan. More

Get updates

Throughout the life of the loan, you will see progress updates from Kiva through your email, and if you come back to the site.

Get paid back

As the borrower repays the loan, the money becomes available in your account. This is called your Kiva Credit.

Repeat

You can now use it to fund another loan, donate it to Kiva, or withdraw it to spend on something else.

General Discussion

Related Stores

kiva.org
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Comments

  • Xetrok on 08/08/2012 - 18:54
    +1

    read post zzz

    • machej on 08/08/2012 - 18:55

      Okay, didn't realise that you can get it without it too. Then Ozbargainers should sign up anyway they like.

    • Xetrok on 08/08/2012 - 18:56
      +1

      https://www.kiva.org/register/freetrial

      Cites nothing about the $25 being sponsored.

      Your link.

      About Free Trials

      What better way to try Kiva than to try it for free? Free trial loans are available while supplies last to the first users who join Kiva through this promotion and make a free trial loan.

      These free trials will be financed by friends of Kiva, allowing the new lender to make one $25 loan free of charge. These free trial loans are disbursed to borrowers in the same way other loans are disbursed on Kiva. However, since the sponsor is funding the free trial loan, any repayment funds from the free trial loan will go back to the sponsor, not to the free trial lender. New lenders invited during the promotion may choose to use their own funds to make a loan, in which case repayments will go back to the lender.

      Supplies of free trials are limited to one (1) per new user, and will be made available on a "first claimed" basis.

      Read our terms of use.

      • machej on 08/08/2012 - 18:58

        "friends of Kiva" - In previous emails they have said who has sponsored them.

    • Xetrok on 08/08/2012 - 18:58
      +1

      might be ok to sign up and give out the free $25 aslong as no personal details are required

      • machej on 08/08/2012 - 18:59

        In any case we could create an Ozbargain group and all put in $50 and sponsor loans as a team. (OB has saved me heaps so I know I would do that. :D)

  • thackleberry on 08/08/2012 - 19:14

    Very confusing - not a bargain, but a good concept and idea which I migth end up supporting.

  • heyrosered on 08/08/2012 - 20:10

    This is a bargain, although I've had a similar post knocked back before, however if you were planning on financing someone it saves you $25 of your own money, or is $25 more that you can contribute if you wanted to make a larger loan.

  • Moderatorneil on 08/08/2012 - 20:27

    Kiva is great but Charities are not bargains, MOVED to FORUMS

  • RohBoat on 08/08/2012 - 20:29

    If the OP runs out of referral credits, you can use this one :D
    http://www.kiva.org/invitedby/rohan4136

  • Trance N Dance on 08/08/2012 - 20:36

    I do think the "friend" is Reid Hoffman LinkedIn's Cofounder. According to Wikipedia he lent Kiva $1 Million in March 2012. Kiva then used that money to allow 40,000 people lend $25 each for free on a trial basis. The money still goes back Hoffman in the end.

    • RohBoat on 08/08/2012 - 21:05
      -1

      Yeah I just noticed that too, this free $25 goes back to the original sponsor (when it gets repaid), and not any to you :(

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