MilePointers team goals

Discussion in 'Kiva | Loans That Change Lives' started by jbcarioca, May 23, 2011.

    • Original Member

    Tenmoc Gold Member

    Wow! 678+ now? That is the most amazing part of this. Even more so than the total lend. Well done to all out there pulling in new members.
    • Original Member

    nime01 Gold Member

    Now at 684. Amazing.
    scarecrow, Tenmoc, YULtide and 5 others like this.
    • Original Member

    canucklehead Gold Member


    Wow, we are very close to the 2.1M total, who knows, with repayments still to come this week, we could even hit 2.2M!
    scarecrow, Tenmoc, YULtide and 6 others like this.
    • Original Member

    jbcarioca Gold Member

    We'll go well above that, sir, well above that.
    scarecrow, IDGflygirl, nime01 and 8 others like this.
    • Original Member

    misman Gold Member

    I'm thinking $2.4M with all of the repayments
    scarecrow, IDGflygirl, nime01 and 6 others like this.
  1. Dreamworks Gold Member

    I'm thinking I love you guys.
    • Original Member

    Tenmoc Gold Member

    I could be wrong here, but I believe some of the big guys have visions of 500k this month.
    scarecrow, YULtide, nime01 and 3 others like this.
    • Original Member

    Tenmoc Gold Member

    Has anyone considered team total by the end of the year? Or MP at year 2?

    I am thinking we basically did 2m in year 1, so we're likely to be about 6 to 7.5m at March 1, 2013.
    scarecrow, YULtide, nime01 and 3 others like this.
  2. Dreamworks Gold Member

    I would say that you're high. But then I have seen these guys raise 300K in 2 days so maybe I'll just have some of whatever you're having and enjoy the ride.
    scarecrow, jbcarioca, YULtide and 3 others like this.
    • Original Member

    Tenmoc Gold Member

    Well we've been averaging 250k or more a month for months. 10-12 months from now puts at least another 2.5-3m in the pot. Then think about all the growth of a year and I don't think 1-2.5m more is too much in total lend growth above current pace by the end of a year. We did go 0 to 2 in a year or so.

    Knowing this team, they'll figure a way to make me be wrong on the low end.
    • Original Member

    nime01 Gold Member

    I'm beginning to think we'll see 700 members by the end of the month :D
    scarecrow, tondoleo, Tenmoc and 5 others like this.
    • Original Member

    canucklehead Gold Member

    For Sept-Feb, our avg monthly lend was $249.8K and for Oct-Feb, it was $272.8K! Once this month is over, the avg will likely be closer to $300K/mo. That is an amazing pace for any team (AASFSHNR avg $263K/mo). Of course, past performance is no guarantee of future lending, but our repayments are still young and the numbers from that alone are fairly high!
    • Original Member

    iolaire Gold Member

    Have you done any calculations on the ratio of new money in one quarter to the increase in leading the next month? Or can we even measure new money versus re-lending? I’m personally interested to know the ratio of new/relending – and to know if many people actually pull that much money back out.
    scarecrow, YULtide, tondoleo and 3 others like this.
    • Original Member

    Tenmoc Gold Member

    I knew you'd have numbers to back me up. :D
    scarecrow, YULtide, tondoleo and 2 others like this.
    • Original Member

    canucklehead Gold Member

    Tough to calculate the relending portion (I would guess on average the repayments are about 10 months, and we have about $120-160K in reloans), but my guess is that there is a lot of new money continuing to pour in each month. We have seen an incremental increase in lending in all months, with huge leaps in our Money Bomb months, Oct and Mar!

    I think it would be amazing to see $500K lent this month by our team. Considering the rapid rise of the Nerdfighters, they are aiming for this magical mark also. No team has done $500K, and it would be awesome if 2 teams did that at once!
  3. autolycus Gold Member

    As someone else pointed out, the nerdfighters are clearly taking advantage of the free loans for new members. That amount is capped, and would take 20,000 new nerdfighters to get to $500k. It won't happen. It looks like mostly highschool and college kids. They might get $300k at most, which is a good effort. It'll be interesting to see how many of them reloan and how many add their own money moving forward.
    scarecrow, YULtide, nime01 and 4 others like this.
  4. Dreamworks Gold Member

    I think it's important to celebrate the Nerdfighter Team. I'm not sure if they'll stick around. but so far they're doing well. They're not our competition. We are actually a team that talks and strategizes together, whereas they are responding to calls from a pretty funny vlog. If they beat us this month, I don't think that takes anything away from our achievements. I too am curious to see how many reloan.
    scarecrow, YULtide, nime01 and 5 others like this.
  5. autolycus Gold Member

    I certainly did not mean to imply anything that would contradict what you just said. :) I was just saying I didn't think there was any chance that they'd hit $500k this month, and that I was skeptical that they'd have the ability to continue lending at anywhere near the same rate moving forward, simply because of the apparent demographics of the group. Good job by nerdfighters.com for promoting Kiva, and I hope a lot of their fans/members learn some good lessons and continue to add their own money to the loans in proportion to their likely limited personal funds at this time.
    scarecrow, YULtide, nime01 and 3 others like this.
    • Original Member

    misman Gold Member

    and remember that the "free" money cannot be reloaned.
    scarecrow, YULtide, nime01 and 4 others like this.
    • Original Member

    Tenmoc Gold Member

    ???

    This money will disappear when paid back?
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    • Original Member

    canucklehead Gold Member


    IIRC, repayments for the free loan will go to Kiva as a donation.
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  6. autolycus Gold Member

    Hmm... I hadn't noticed it before, but yup... seems that way:

    I assume that means someone, some organization, or some collection of both has pledged to fund the free loans but will receive the repayment. So basically the sponsor is willing to let new Kiva members pick who the money goes to but it's otherwise as if the sponsor made the loans.
    • Original Member

    Tenmoc Gold Member

    Cool. I like that. Just didn't know.
    scarecrow, YULtide, nime01 and 4 others like this.
    • Original Member

    canucklehead Gold Member

    The Kiva staff mentioned this to us at the Do and rehoult pointed out that the offer incorrectly stated that it would be returned to the donor. Reid Hoffman, BTW, generously provided books as part of the Kiva Do swag also!
    scarecrow, YULtide, iolaire and 5 others like this.
    • Original Member

    tondoleo Gold Member

    I don't see how anyone can make this determination or would want to without each member divulging the percentage of their monthly loans that is new money. Why is this significant since Kiva treats money loaned again as a new loan towards the team's total loan amount?
    scarecrow, YULtide, nime01 and 5 others like this.

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