Kiva Credit Now More Volatile
August 31st, 2008
Great news from Kiva. From now on, as soon as they get their money from the loaners — we get it in our Kiva account available to re-lend. Awesome!
This is what they sent us:
We are happy to announce that Kiva will now return repayments to lenders as soon as those repayments are received by Kiva. Because of this change, you’ll be able to re-lend funds right away instead of waiting until the end of the loan term. We hope you enjoy this new feature!
As a result of this change, $59.26 in Kiva Credit has been released to you and is now available for you to use. You can re-lend these funds, donate or withdraw them.
