Tag Archives: finance

Kiva and Mifex

Back in July, I mentioned that Kiva Partner MIFEX was having trouble. Today, I received some bad news about one of their borrowers, Dover Borja.
You may have noticed that repayments on this loan have not been coming in for quite some time. After detailed investigation by Kiva representatives in Ecuador, our team has determined that [...]

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The first Kiva default?

I have been a long-term lender on Kiva, an innovative microfinance portal that matches entrepreneurs and their projects in the developing world with charitable people (generally) in the more developed world. I like their model. In just over two years, I have funded almost 20 businesses across three continents. I have earnt no interest on [...]

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Investment advice

Three rules from John Kay, in the January edition of Prospect:

Pay less [primarily commissions, fees, etc.]
Diversify more [between asset classes and within them, remembering that indexes are not diverse]
Be contrarian

These may be my financial New Year’s resolutions.

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