Kiva - more borrowers than lenders!
I was just scanning some of my bookmarks this morning and in the Kiva Chronicles I found this:
Kiva continues to face chronic shortages in businesses to fund as we try to accomodate the growing lender interest while managing risk on our platform. We've limited user transactions to $25 per user for the rest of the month to deal with the shortage. We live in crazy times!
Checking out the site I can see they only have about half-a-dozen businesses up at the moment, when previously the smallest number I've seen is around thirty, and it's been over a hundred. I hope potential lenders aren't put off, but I do find it cheering that there's so much interest.
Kiva continues to face chronic shortages in businesses to fund as we try to accomodate the growing lender interest while managing risk on our platform. We've limited user transactions to $25 per user for the rest of the month to deal with the shortage. We live in crazy times!
Checking out the site I can see they only have about half-a-dozen businesses up at the moment, when previously the smallest number I've seen is around thirty, and it's been over a hundred. I hope potential lenders aren't put off, but I do find it cheering that there's so much interest.