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You could loan it out over Kiva, or at least a part of it. Just be sure whatever you choose, for any of your investments, that they at least beat the rate of i
by oomkiller 17y ago
You could loan it out over Kiva, or at least a part of it. Just be sure whatever you choose, for any of your investments, that they at least beat the rate of inflation, else you are better of spending it.
- DanielStraight 17y agoKiva does not even pay interest, so I don't see how this fits the description of a potentially high-risk investment with the possibility for a large payout.
- deleted 17y ago[deleted]
- m0th87 17y agoThat's not true; Kiva often charges extraordinarily high interest rates. See: http://en.wikipedia.org/wiki/Kiva_(organization)#Interest_rates_2 http://en.wikipedia.org/wiki/Kiva_(organization)#Interest_ra...
- apowell 17y agoIt charges interest to borrowers, but it doesn't pay interest to donor-investors.
- clistctrl 17y agoAm I the only one who sees a problem with this?
- apowell 17y agoI lend on Kiva, and I don't have a problem with it. There's a lot that has to happen between my Paypal transfer to Kiva and the money being distributed to the local entrepreneur...and even more that has to happen to collect the payments. I'm happy to set aside a small amount of money as a catalyst for progress, and thankful that others are doing the heavy lifting. (Apologies for continuing this off-topic line of conversation.)