The auction has finished and the funds have been allocated to Kiva. I chose to spread the amount across a variety of locations and types of recipient. With a bit of rounding up it resulted in eight $25 loan contributions.
Follow progress at RobiNZ Blog Lending Team
Next Step: Generally speaking, loans start at the beginning of each month. It may take a while after an individual loan transaction was made, as Kiva need to wait for other lenders to contribute before the total requested loan funding is raised.
During the Loan Term: Throughout the course of the loan term repayments from sponsored businesses will be re-lent once the amount exceeds us$25. Updates about the entrepreneurs can be read at the online journal for each business, accessed from the lending team page.
Dreamed It. Mapped It. Shared It with help from a generous reader, Mindjet and Kiva.
