How To Post A Group Loan
.
- 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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