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Internationaal team: Late Loaning Lenders
Profiel
Locatie:
Anywhere
Categorie:
Gezamenlijke interesse
Team website:
Wij lenen omdat:
We hate to see loans being left unfunded on Kiva. Although most of these loans are pre-funded by the Field Partners, the Field Partners lose out on the capital if a loan doesn't get funded on Kiva. We believe that this will damage the Field Partners in the long term and impair their capacity to make loans to new borrowers.
We can't save every red loan, but we try to make a difference as in the Starfish Story: http://www.ordinarypeoplechangetheworld.com/articles/the-starfish-story.aspx
Help us fund loans we're already supporting:
http://www.kiva.org/team/late_loaning_lenders/loans?status=fundRaising
We invite you to join us and make a difference, too.
See our team fund page:
http://www.kiva.org/lender/kivalllfund
We can't save every red loan, but we try to make a difference as in the Starfish Story: http://www.ordinarypeoplechangetheworld.com/articles/the-starfish-story.aspx
Help us fund loans we're already supporting:
http://www.kiva.org/team/late_loaning_lenders/loans?status=fundRaising
We invite you to join us and make a difference, too.
See our team fund page:
http://www.kiva.org/lender/kivalllfund
Over:
Loans that are nearing expiry won't get funded if they don't get noticed. We look for loans that are about to expire by using the Sort By: "Expiring Soon" option instead of the default "Popularity", and then work to get them funded.
See our team FAQ, linked below (the "check out" link).
A Team LLL glossary (contributed by team member Tony):
Red Loans: Loans that have less than five days to be funded, identifiable by the red box with the notice that says "Only x days left!" or "Only x hours and y minutes left!"
LLL - Late Loaning Lenders: this team, where lenders work together to keep loans from expiring.
SFDD - Starfish Daily Dozen: Under current practice, one of these lists is prepared and posted for each day, to help LLL lenders focus and coordinate their lending on a targeted group of loans (the Starfish or SF). The lists are prepared by a group of volunteers who seek to be objective in selecting the loans to be included in their lists. They also seek to spread out the loans in each list over a 24 hour period and to share the joy among the Field Partners with loans expiring during that period, but their efforts are always constrained by the choice of loans that are available for inclusion in the list. Loans with larger amounts needed will be included in the period immediately after each Credit Day, when lenders are feeling flush, but the lists will become less ambitious when the LLL lenders are feeling poor.
GG - Gorgeous Group: The SFDD list-makers have the option of adding one or two of these loans after their SFDD lists. As the name implies, only group loans are picked. When it is first posted, a typical GG loan will expire two days or more after the list is posted. It will usually be retained as a GG until it becomes Fully Funded or moves into Starfish range. The amount needed when the loan is selected as a GG will vary depending on the time of month.
RTR - Reduce the Red: These lists are prepared and posted when there are large numbers of loans slated to expire in a short period of time, typically at the end of a calendar month. "Red" is a reference to the red boxes that are added to a loan description when the Loan is about to expire without full funding.
Bulge: A short period in which a great many loans have their scheduled funding expiration times. Bulges come about primarily when a Field Partner (FP) submits an amount of loans to Kiva during a given month than is greater than the FP's quota for that month. The loan descriptions are prepared for posting by translating the loan descriptions (if necessary) and editing them, and they are then held to be posted at the beginning of the following month. Bulge loans are prize candidates for inclusion in Reduce the Red lists.
FF - Fully Funded: This is LLL code for a loan that has received all the loans required for it to be removed from the list of loans that are fundraising and to move into repaying status.
Lars Ratio: the average funding per hour that is needed for a loan to become fully funded.(Developed by team member Lars)
See a ratio list of current red loans: http://kivany.vijayr.net/expiring_loans.php
Lists are posted on the LLL Team message board. Join us!
See our team FAQ, linked below (the "check out" link).
A Team LLL glossary (contributed by team member Tony):
Red Loans: Loans that have less than five days to be funded, identifiable by the red box with the notice that says "Only x days left!" or "Only x hours and y minutes left!"
LLL - Late Loaning Lenders: this team, where lenders work together to keep loans from expiring.
SFDD - Starfish Daily Dozen: Under current practice, one of these lists is prepared and posted for each day, to help LLL lenders focus and coordinate their lending on a targeted group of loans (the Starfish or SF). The lists are prepared by a group of volunteers who seek to be objective in selecting the loans to be included in their lists. They also seek to spread out the loans in each list over a 24 hour period and to share the joy among the Field Partners with loans expiring during that period, but their efforts are always constrained by the choice of loans that are available for inclusion in the list. Loans with larger amounts needed will be included in the period immediately after each Credit Day, when lenders are feeling flush, but the lists will become less ambitious when the LLL lenders are feeling poor.
GG - Gorgeous Group: The SFDD list-makers have the option of adding one or two of these loans after their SFDD lists. As the name implies, only group loans are picked. When it is first posted, a typical GG loan will expire two days or more after the list is posted. It will usually be retained as a GG until it becomes Fully Funded or moves into Starfish range. The amount needed when the loan is selected as a GG will vary depending on the time of month.
RTR - Reduce the Red: These lists are prepared and posted when there are large numbers of loans slated to expire in a short period of time, typically at the end of a calendar month. "Red" is a reference to the red boxes that are added to a loan description when the Loan is about to expire without full funding.
Bulge: A short period in which a great many loans have their scheduled funding expiration times. Bulges come about primarily when a Field Partner (FP) submits an amount of loans to Kiva during a given month than is greater than the FP's quota for that month. The loan descriptions are prepared for posting by translating the loan descriptions (if necessary) and editing them, and they are then held to be posted at the beginning of the following month. Bulge loans are prize candidates for inclusion in Reduce the Red lists.
FF - Fully Funded: This is LLL code for a loan that has received all the loans required for it to be removed from the list of loans that are fundraising and to move into repaying status.
Lars Ratio: the average funding per hour that is needed for a loan to become fully funded.(Developed by team member Lars)
See a ratio list of current red loans: http://kivany.vijayr.net/expiring_loans.php
Lists are posted on the LLL Team message board. Join us!
Team sinds:
05-07-2009
