How To Post A Group Loan

11 Questions | Total Attempts: 113

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How To Post A Group Loan

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Questions and Answers
  • 1. 
    Kiva guarantees funding for all loans posted on its website.
    • A. 

      True. All loans automatically receive funding.

    • B. 

      False. Kiva lenders must choose to fund loans.

  • 2. 
    Step 1: A group loan must have a featured borrower. Who can be the featured borrower?
    • A. 

      Only the group leader or treasurer

    • B. 

      Any group member who agrees to have more detailed information featured on Kiva’s website

  • 3. 
    Step 1: You should enter a loan use that represents the entire group.
    • A. 

      True. The loan use should describe how all group members will use the loan.

    • B. 

      False. The loan use should only describe how the featured borrower will use the loan.

  • 4. 
    Step 1: Which of the following is NOT an acceptable loan use because it is too vague?
    • A. 

      To buy fruits and vegetables for his grocery store

    • B. 

      To add working capital

    • C. 

      To buy a sewing machine

    • D. 

      To pay tuition fees

  • 5. 
    Step 2: The disbursal date can be no more than ____ days in the past.
    • A. 

      30

    • B. 

      60

    • C. 

      90

  • 6. 
    Step 2: The disbursal date can be no more than ____ days in the future.
    • A. 

      30

    • B. 

      60

    • C. 

      90

  • 7. 
    Step 2: The repayment schedule consists of:
    • A. 

      2 columns: Collection date, principal due

    • B. 

      3 columns: Collection date, principal due, interest due

    • C. 

      4 columns: Collection date, principal due, interest due, interest rate

  • 8. 
    Step 3: If the group has 5 or fewer members, ___% of members must appear in the photo.
    • A. 

      50

    • B. 

      80

    • C. 

      100

  • 9. 
    Step 3: If the group has 6 or more members, ___% of members must appear in the photo.
    • A. 

      50

    • B. 

      80

    • C. 

      100

  • 10. 
    Please provide your feedback on this video (this question is not graded):  How would you rate this video?
    • A. 

      5 - Excellent

    • B. 

      4 - Very Good

    • C. 

      3 - Good

    • D. 

      2 - Fair

    • E. 

      1 - Poor

  • 11. 
    Optional: Please provide your feedback on this video (this question is not graded):  Do you have any comments about this video?
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