By Rosalind Piggot, KF10, Tajikistan
Until about a month ago, I didn’t realize that currency exchange loss protection was important to Kiva Lenders. That was until Yelena (KF11, Azerbaijan) raised the issue, pointing out a discussion on kivafriends. Many lenders don’t lend via Field Partners that share currency risk. Why should Kiva Lenders take on the risk of currency loss when Kiva’s Field Partners can protect against it in other ways?
What is currency risk on Kiva?
Currency risk is embedded in the Kiva system. Currency risk...Continue Reading >>