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kivi716
Joined: 27 Feb 2008
Posts: 1
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 Posted: Wed Feb 27, 2008 1:19 am Post subject: Waiting for my money :-( |
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I have actually five loans running. All paying back properly.
From one loan its the second payback.
But kiva didnt withdraw the money to my account.
My availiable kiva credit is still on zero and i am waiting for my money.
kivi
Notice: i can give an answer to my question:
This was in my googlemail post:
| Quote: | Please note that these funds will not be credited to your Kiva account
until the loan is repaid in full or when the loan term is complete. |
So i have to wait for my money until the credit is fully repaid. |
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Wiseclerk
Site Admin
Joined: 22 Nov 2007
Posts: 70
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| Posted: Wed Feb 27, 2008 4:54 am Post subject: |
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Yes, that is the way Kiva handles repayments. Lenders have to wait until the borrower has fully repaid the loan. After that the amount is paid back to the lender.
The monthly paybacks are not credited directly to lender accounts like it is handled at other services (e.g. Prosper, MyC4)
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