Analysis into which factors drive faster or slower funding times for loans.
Based on qualitative analysis into 100 fast and slow-funding loans, and quantitative analysis of all loans made through to the end of August 2009.
This document provides information about reverse mortgages presented by Ken Metcalf of American Pacific Reverse Mortgage Group. It outlines key benefits like eliminating monthly mortgage payments and providing a line of credit. It discusses how reverse mortgages work, qualification criteria, payment options, and common questions. Client testimonials praise the thoroughness, responsiveness, and seamless processing by American Pacific Reverse Mortgage Group.
This document provides an overview of the Pakistani banking sector in 2014. It notes that while macroeconomic conditions improved last year, it was a challenging year for banks. Banks had shifted away from private sector lending after the 2008 financial crisis and instead focused on low-risk government bonds. This led to declining private sector credit and economic growth. However, government bond issuance boosted bank profits in 2014 without real banking activity. The document calls for banks to refocus on commercial and private sector lending in 2015, such as consumer, SME, mortgage, and corporate lending, to maintain profitability as bond issuance declines. It also discusses challenges around improving recovery laws, expanding financial inclusion, and growing the Islamic banking sector.
Payday loans provide immediate cash but can become very expensive if not paid back in full by the next payday. Borrowers may take out additional loans to pay off previous ones, trapping them in a cycle of debt. Alternatives include asking for extensions from creditors, borrowing from family or using overdraft protection. Government regulations aim to increase transparency around payday loan fees and costs.
Mortgage Basics provides information about mortgage products and programs that will help real estate agents realize success. Topics include:
- when you need to ask for more time to close,
- property types and characteristics that might be more difficult to sell (and how to sell them),
- how to use various products/programs to help increase a buyer's purchasing power.
The document discusses the US mortgage market. It covers what mortgages are, common types of residential mortgages, institutions that provide and service loans, and the growth of the secondary mortgage market. Key developments include the creation of mortgage-backed securities and collateralized mortgage obligations, which helped securitize mortgages and spread risk across many homeowners.
The banking industry appears to be undergoing a renaissance driven by changing consumer behavior and technical innovation. Software is eating the industry. In retrospect, we can see how the first wave of innovation came in areas such as online account access and payments. Changing consumer behavior (such as the shift to mobile) and the use of big data has enabled increasingly complex transactions (such as lending and asset management) to move online. Consumers have largely stopped going to retail branches, and reserve the occasional branch visit for major one-off transactions.
Our first investment in the financial services industry came many years ago with an investment in LendingClub. We put both equity and debt into the company, making a sizable purchase of loans via the platform itself. We saw the company’s potential to bring marketplace dynamics and software disruption to the lending industry. The end goal for borrowers and investors on the platform was simple: lower cost loans for borrowers, increased yields for investors, and high levels of customer satisfaction. As a result, LendingClub has grown into a sizable public company. With experience on the platform and a realization of the potentially transformative nature of this model, we’ve gone on to invest in companies across the online lending space: Kabbage (www.kabbage.com), LendUp (www.lendup.com), and SoFi (www.sofi.com).
The renaissance in financial services has drawn in substantial amounts of venture capital. In the past year alone, the number of fintech deals has grown 16% and the capital funded is up 46%.
While many entrepreneurs develop expertise in the specific segment they intend to disrupt, we’ve noticed that startups usually don’t have the time or resources to look outside their niche and understand how they fit into the larger context of banking and lending markets. To help put the industry in perspective, we developed an overview of the banking industry in the US. What’s remarkable is not only the insights this gives into the financial lives of Americans (be it millenials or seniors), but also the perspective this gives us on the large banks we’ve all come to use. Indeed, consolidation over the last several decades has led the four major banks (JP Morgan, Bank of America, Citigroup, and Wells Fargo) to hold around half of the market’s depository assets.
Today we’re happy to provide the first version of this industry overview. We’ve chosen brevity over depth, so as to provide a snapshot of the overall banking landscape. We’ll continue to iterate on this overview and welcome questions and comments. In subsequent posts, we plan to provide deeper dives into sectors that are of interest to both ourselves and others. We look forward to contributing to what feels like yet another opportunity to be at the front door of history-making companies.
Mortgage Banking Seminar is part of the continuing series of training presentations for the Financial Services Industry. Check out our other presentations in this series and contact Saunders Learning Group if you have training needs. We can help, we have been doing training in the financial services industry for 30 years.
B2B Content Marketing 2015 Benchmarks, Budgets & Trends - North America
Hello Content Marketers, Welcome to the fifth annual B2B Content Marketing Benchmarks, Budgets, and Trends—North America report. It’s hard to believe that it’s been five years since we first surveyed marketers on how they use content as part of the marketing mix. Since then, the survey has grown to reach marketers all across the globe. This year, we heard from more than 5,000 marketers—in 25 industries in 109 countries—from for-profit and nonprofit organizations. In this report, you’ll learn how the B2B marketers from North America responded. As you’ll notice, we made some changes to this year’s survey to better reflect how the industry is growing. We added new questions, changed the way we asked some of the prior ones, and even removed a few. We also asked content marketers about the initiatives they’re working on—and the list is long, as you will see… We’re thrilled to be with you on this journey.
Yours in content,
Joe & Ann
Joe Pulizzi
Founder
Content Marketing Institute
Ann Handley
Chief Content Officer
MarketingProfs
Sponsored by Brightcove
This document provides information about reverse mortgages presented by Ken Metcalf of American Pacific Reverse Mortgage Group. It outlines key benefits like eliminating monthly mortgage payments and providing a line of credit. It discusses how reverse mortgages work, qualification criteria, payment options, and common questions. Client testimonials praise the thoroughness, responsiveness, and seamless processing by American Pacific Reverse Mortgage Group.
This document provides an overview of the Pakistani banking sector in 2014. It notes that while macroeconomic conditions improved last year, it was a challenging year for banks. Banks had shifted away from private sector lending after the 2008 financial crisis and instead focused on low-risk government bonds. This led to declining private sector credit and economic growth. However, government bond issuance boosted bank profits in 2014 without real banking activity. The document calls for banks to refocus on commercial and private sector lending in 2015, such as consumer, SME, mortgage, and corporate lending, to maintain profitability as bond issuance declines. It also discusses challenges around improving recovery laws, expanding financial inclusion, and growing the Islamic banking sector.
Payday loans provide immediate cash but can become very expensive if not paid back in full by the next payday. Borrowers may take out additional loans to pay off previous ones, trapping them in a cycle of debt. Alternatives include asking for extensions from creditors, borrowing from family or using overdraft protection. Government regulations aim to increase transparency around payday loan fees and costs.
Mortgage Basics provides information about mortgage products and programs that will help real estate agents realize success. Topics include:
- when you need to ask for more time to close,
- property types and characteristics that might be more difficult to sell (and how to sell them),
- how to use various products/programs to help increase a buyer's purchasing power.
The document discusses the US mortgage market. It covers what mortgages are, common types of residential mortgages, institutions that provide and service loans, and the growth of the secondary mortgage market. Key developments include the creation of mortgage-backed securities and collateralized mortgage obligations, which helped securitize mortgages and spread risk across many homeowners.
The banking industry appears to be undergoing a renaissance driven by changing consumer behavior and technical innovation. Software is eating the industry. In retrospect, we can see how the first wave of innovation came in areas such as online account access and payments. Changing consumer behavior (such as the shift to mobile) and the use of big data has enabled increasingly complex transactions (such as lending and asset management) to move online. Consumers have largely stopped going to retail branches, and reserve the occasional branch visit for major one-off transactions.
Our first investment in the financial services industry came many years ago with an investment in LendingClub. We put both equity and debt into the company, making a sizable purchase of loans via the platform itself. We saw the company’s potential to bring marketplace dynamics and software disruption to the lending industry. The end goal for borrowers and investors on the platform was simple: lower cost loans for borrowers, increased yields for investors, and high levels of customer satisfaction. As a result, LendingClub has grown into a sizable public company. With experience on the platform and a realization of the potentially transformative nature of this model, we’ve gone on to invest in companies across the online lending space: Kabbage (www.kabbage.com), LendUp (www.lendup.com), and SoFi (www.sofi.com).
The renaissance in financial services has drawn in substantial amounts of venture capital. In the past year alone, the number of fintech deals has grown 16% and the capital funded is up 46%.
While many entrepreneurs develop expertise in the specific segment they intend to disrupt, we’ve noticed that startups usually don’t have the time or resources to look outside their niche and understand how they fit into the larger context of banking and lending markets. To help put the industry in perspective, we developed an overview of the banking industry in the US. What’s remarkable is not only the insights this gives into the financial lives of Americans (be it millenials or seniors), but also the perspective this gives us on the large banks we’ve all come to use. Indeed, consolidation over the last several decades has led the four major banks (JP Morgan, Bank of America, Citigroup, and Wells Fargo) to hold around half of the market’s depository assets.
Today we’re happy to provide the first version of this industry overview. We’ve chosen brevity over depth, so as to provide a snapshot of the overall banking landscape. We’ll continue to iterate on this overview and welcome questions and comments. In subsequent posts, we plan to provide deeper dives into sectors that are of interest to both ourselves and others. We look forward to contributing to what feels like yet another opportunity to be at the front door of history-making companies.
Mortgage Banking Seminar is part of the continuing series of training presentations for the Financial Services Industry. Check out our other presentations in this series and contact Saunders Learning Group if you have training needs. We can help, we have been doing training in the financial services industry for 30 years.
B2B Content Marketing 2015 Benchmarks, Budgets & Trends - North America
Hello Content Marketers, Welcome to the fifth annual B2B Content Marketing Benchmarks, Budgets, and Trends—North America report. It’s hard to believe that it’s been five years since we first surveyed marketers on how they use content as part of the marketing mix. Since then, the survey has grown to reach marketers all across the globe. This year, we heard from more than 5,000 marketers—in 25 industries in 109 countries—from for-profit and nonprofit organizations. In this report, you’ll learn how the B2B marketers from North America responded. As you’ll notice, we made some changes to this year’s survey to better reflect how the industry is growing. We added new questions, changed the way we asked some of the prior ones, and even removed a few. We also asked content marketers about the initiatives they’re working on—and the list is long, as you will see… We’re thrilled to be with you on this journey.
Yours in content,
Joe & Ann
Joe Pulizzi
Founder
Content Marketing Institute
Ann Handley
Chief Content Officer
MarketingProfs
Sponsored by Brightcove
The document describes the Money Merge Account program, which uses mathematical principles to help people pay off debts faster and save on interest. It works by strategically moving money between accounts to take advantage of interest accumulation, float, and cancellation. Experts endorse the program for its ability to save tens of thousands in interest and help people become debt free and accumulate wealth years earlier than traditional repayment plans.
Ron Durre - Managing Margins in Market DownturnsJohn Blue
Managing Margins in Market Downturns - Ron Durre, Farm Credit Mid-America, from the 2017 Iowa Pork Congress, January 25-26, Des Moines, IA, USA.
More presentations at http://www.swinecast.com/2017-iowa-pork-congress
Money serves as a medium of exchange, unit of account, and store of value. Throughout history, various commodities and currencies have been used as money, including shells, metals, paper money, and today's fiat currencies which have value by government decree. Banks play a key role in the economy by accepting deposits, making loans, and engaging in fractional reserve banking to create new money through the money multiplier effect. The Federal Reserve System implements monetary policy to influence the money supply and interest rates in order to promote economic growth and stability.
Greenwich Ateb Presentation 21 Oct 2008 Finalrcsmuk
The document summarizes the results of surveys conducted in 2008 on the impact of the credit crunch. It shows that a majority of respondents believed the US government and financial institutions were responsible for the market turmoil. Respondents expected the economic downturn to last 12-18 months and for equity markets to bottom out within the same time frame. Banks planned to continue tightening credit standards in the US and Europe.
The document summarizes key trends in the Colorado banking environment over the past 5 years and provides projections for 2014. Specifically, it notes that from 2008-2013:
- The number of bank branches in Colorado decreased 1.2% annually on average while deposits per branch grew 6.2% per year
- Most M&A activity involved smaller Colorado banks under $100M in assets
For 2014, it predicts continued consolidation in the industry, loan growth, higher compliance costs, further branch closures, and advancing technology.
Presentation slides for week 3 of the San Diego Microfinance 101 course at Point Loma Nazarene University. Presentations by International Rescue Committee, CDC Small Business Finance, and ACCION San Diego
This document summarizes Primerica, a financial services company that serves over 6 million clients. It discusses Primerica's mission to help families become debt-free and financially independent. The document also outlines Primerica's track record of success, paying over $622 million to its sales force in 2008. It describes the opportunities available to become a representative and earn income through sales, bonuses, and building a business network.
ACCION USA: Microfinance at Work in the United StatesACCION East
ACCION USA is a nonprofit organization that provides microloans and financial education to small business owners and entrepreneurs. It has lent over $122 million to around 3,000 borrowers across 46 states since 1991. The majority of its clients are low-to-moderate income minorities, including 65% Latino and 20% African American owners. ACCION USA fills an important need by providing loans as small as $500 to business owners who may lack collateral or credit history. It helps clients strengthen their businesses, create jobs, and improve their quality of life.
The 2012 Annual Report of Unitus Community Credit Union provides the following information in 3 sentences:
Unitus celebrated its 75th anniversary in 2012 and continued its mission of helping members build wealth through sound management and growth in lending. The credit union originated over $410 million in loans, grew assets by 7.1%, and expanded membership by 4% while maintaining strong capital ratios. The Audit Committee affirmed that Unitus' financial operations and internal controls remain sound based on their review of reports and regulatory compliance activities.
This document provides information about buying real estate notes as an investment opportunity. It discusses the types of discounted notes available, including performing, non-performing, and re-performing notes. Notes can be purchased at discounts of 20-90% of their face value, providing the potential for high returns. The document uses examples of specific notes to illustrate how investing in notes can generate tax-free monthly cash flow and double-digit returns over the life of the note.
This document discusses various strategies for funding business growth, including reinvesting profits, tapping into trade credit, lining up credit lines early, expanding banking relationships, alternative lending sources, equity funding, and employee share plans. It provides details on each strategy and emphasizes reinvesting profits as the perfect way to fund growth using patient capital without taking on debt or dilution. The document also discusses trends in capital raising, including the importance of online marketing and social media, the ability to approach global investors, and the rise of individual investors from emerging markets.
The document discusses the history and current state of the banking industry. It describes how banks transitioned from relationship-driven to transaction-driven, fueling the growth of securitization and off-balance sheet activities. This led to excessive risk taking and the financial crisis. Interest rates are now very low, creating opportunities for access to capital. Moving forward will require learning from history, increasing liquidity and lending to stimulate the economy.
Charles Dale is a graphic designer and owner of Dale Studios Creative Services. He has over 20 years of experience in graphic design, digital illustration, print production, and high resolution digital compositing. He specializes in logo design, branding, print materials, and promotional graphics. Dale also has experience in lapidary and glass work through his and his wife's business Dale Studios, where they create fused glass, lampwork beads, stained glass, and natural stone jewelry.
This document summarizes an advisory presentation on keys to success in international sales. It discusses realities of international trade such as its growth impact on GDP. It outlines six winning export strategies: know your buyer, investigate the market, introduce buyer financing, price opportunistically and hedge risk, explore alternative working capital, and do your homework. The presentation provides examples and discusses working with specialists like banks experienced in international trade.
This document provides information about learning options for business credit and funding. It discusses the purpose of business, statistics on small business revenues and failure rates, and reasons why businesses fail. The bulk of the document then focuses on understanding borrowing options beyond banks and the SBA, including loans, lines of credit, and credit card usage. It provides examples of business financing options and approval amounts for different business owners with varying credit profiles.
This document discusses a financial strategy called Infinite Banking that allows individuals to become their own bank. It summarizes how using a specially designed whole life insurance policy can allow people to access tax-deferred and tax-free earnings, borrow from their own policy at favorable rates, and get back every dollar spent on major purchases like cars, college, and homes. The strategy aims to eliminate interest payments to banks and recapture lost opportunity costs by putting individuals in control of their own money through a "triple play" that makes them the banker, borrower, and depositor.
Primerica is a financial services company that offers solutions to help middle-class families with debt elimination, income protection, savings, and investments through a customized and confidential consultation program. The company has two phases of expansion: recruiting regional vice presidents to open new offices, and increasing their client base through financial solutions. Primerica offers representatives multiple ways to earn income through various leadership levels and compensation plans.
REAL Solutions "Steer Clear" Auto Lending Summit Presentationrealsolutions
The document discusses how credit unions help car buyers avoid predatory loans by financing a significant portion of the used car market. It notes that credit unions captured 15% of the US auto finance market in 2007, equivalent to $90 billion in used car loans. Credit unions finance 5% of the 8 million used cars sold annually to low and moderate income borrowers, compared to 30% by banks and 60% by sub-prime lenders. The document provides lessons for credit unions to expand their role in non-prime auto lending and better serve underserved borrowers.
The document summarizes an upcoming conference on financing rapidly growing companies. It includes panels on financing growing companies, trends in the credit markets, mezzanine and subordinated debt financing options, and an overview of several investment firms. The panels will discuss financing options, deal structures, terms and conditions for providing capital to middle market companies during challenging economic times.
Over its first 27 months, the Kiva Zip program has served 600 financially excluded and socially impactful entrepreneurs throughout the United States, with crowdfunded, 0% interest capital. Watch our growth over this time. And then contribute to it, by making a $5 loan at www.KivaZip.org.
Para registrarse y prestar en kiva.org, complete la información de registro, seleccione su género y zona horaria, y luego podrá ver su nombre en la parte superior de la página. Una vez registrado, seleccione la cantidad que desea prestar a alguien, complete el pago con tarjeta de crédito o débito, y verá una confirmación de que su préstamo ha sido procesado.
The document describes the Money Merge Account program, which uses mathematical principles to help people pay off debts faster and save on interest. It works by strategically moving money between accounts to take advantage of interest accumulation, float, and cancellation. Experts endorse the program for its ability to save tens of thousands in interest and help people become debt free and accumulate wealth years earlier than traditional repayment plans.
Ron Durre - Managing Margins in Market DownturnsJohn Blue
Managing Margins in Market Downturns - Ron Durre, Farm Credit Mid-America, from the 2017 Iowa Pork Congress, January 25-26, Des Moines, IA, USA.
More presentations at http://www.swinecast.com/2017-iowa-pork-congress
Money serves as a medium of exchange, unit of account, and store of value. Throughout history, various commodities and currencies have been used as money, including shells, metals, paper money, and today's fiat currencies which have value by government decree. Banks play a key role in the economy by accepting deposits, making loans, and engaging in fractional reserve banking to create new money through the money multiplier effect. The Federal Reserve System implements monetary policy to influence the money supply and interest rates in order to promote economic growth and stability.
Greenwich Ateb Presentation 21 Oct 2008 Finalrcsmuk
The document summarizes the results of surveys conducted in 2008 on the impact of the credit crunch. It shows that a majority of respondents believed the US government and financial institutions were responsible for the market turmoil. Respondents expected the economic downturn to last 12-18 months and for equity markets to bottom out within the same time frame. Banks planned to continue tightening credit standards in the US and Europe.
The document summarizes key trends in the Colorado banking environment over the past 5 years and provides projections for 2014. Specifically, it notes that from 2008-2013:
- The number of bank branches in Colorado decreased 1.2% annually on average while deposits per branch grew 6.2% per year
- Most M&A activity involved smaller Colorado banks under $100M in assets
For 2014, it predicts continued consolidation in the industry, loan growth, higher compliance costs, further branch closures, and advancing technology.
Presentation slides for week 3 of the San Diego Microfinance 101 course at Point Loma Nazarene University. Presentations by International Rescue Committee, CDC Small Business Finance, and ACCION San Diego
This document summarizes Primerica, a financial services company that serves over 6 million clients. It discusses Primerica's mission to help families become debt-free and financially independent. The document also outlines Primerica's track record of success, paying over $622 million to its sales force in 2008. It describes the opportunities available to become a representative and earn income through sales, bonuses, and building a business network.
ACCION USA: Microfinance at Work in the United StatesACCION East
ACCION USA is a nonprofit organization that provides microloans and financial education to small business owners and entrepreneurs. It has lent over $122 million to around 3,000 borrowers across 46 states since 1991. The majority of its clients are low-to-moderate income minorities, including 65% Latino and 20% African American owners. ACCION USA fills an important need by providing loans as small as $500 to business owners who may lack collateral or credit history. It helps clients strengthen their businesses, create jobs, and improve their quality of life.
The 2012 Annual Report of Unitus Community Credit Union provides the following information in 3 sentences:
Unitus celebrated its 75th anniversary in 2012 and continued its mission of helping members build wealth through sound management and growth in lending. The credit union originated over $410 million in loans, grew assets by 7.1%, and expanded membership by 4% while maintaining strong capital ratios. The Audit Committee affirmed that Unitus' financial operations and internal controls remain sound based on their review of reports and regulatory compliance activities.
This document provides information about buying real estate notes as an investment opportunity. It discusses the types of discounted notes available, including performing, non-performing, and re-performing notes. Notes can be purchased at discounts of 20-90% of their face value, providing the potential for high returns. The document uses examples of specific notes to illustrate how investing in notes can generate tax-free monthly cash flow and double-digit returns over the life of the note.
This document discusses various strategies for funding business growth, including reinvesting profits, tapping into trade credit, lining up credit lines early, expanding banking relationships, alternative lending sources, equity funding, and employee share plans. It provides details on each strategy and emphasizes reinvesting profits as the perfect way to fund growth using patient capital without taking on debt or dilution. The document also discusses trends in capital raising, including the importance of online marketing and social media, the ability to approach global investors, and the rise of individual investors from emerging markets.
The document discusses the history and current state of the banking industry. It describes how banks transitioned from relationship-driven to transaction-driven, fueling the growth of securitization and off-balance sheet activities. This led to excessive risk taking and the financial crisis. Interest rates are now very low, creating opportunities for access to capital. Moving forward will require learning from history, increasing liquidity and lending to stimulate the economy.
Charles Dale is a graphic designer and owner of Dale Studios Creative Services. He has over 20 years of experience in graphic design, digital illustration, print production, and high resolution digital compositing. He specializes in logo design, branding, print materials, and promotional graphics. Dale also has experience in lapidary and glass work through his and his wife's business Dale Studios, where they create fused glass, lampwork beads, stained glass, and natural stone jewelry.
This document summarizes an advisory presentation on keys to success in international sales. It discusses realities of international trade such as its growth impact on GDP. It outlines six winning export strategies: know your buyer, investigate the market, introduce buyer financing, price opportunistically and hedge risk, explore alternative working capital, and do your homework. The presentation provides examples and discusses working with specialists like banks experienced in international trade.
This document provides information about learning options for business credit and funding. It discusses the purpose of business, statistics on small business revenues and failure rates, and reasons why businesses fail. The bulk of the document then focuses on understanding borrowing options beyond banks and the SBA, including loans, lines of credit, and credit card usage. It provides examples of business financing options and approval amounts for different business owners with varying credit profiles.
This document discusses a financial strategy called Infinite Banking that allows individuals to become their own bank. It summarizes how using a specially designed whole life insurance policy can allow people to access tax-deferred and tax-free earnings, borrow from their own policy at favorable rates, and get back every dollar spent on major purchases like cars, college, and homes. The strategy aims to eliminate interest payments to banks and recapture lost opportunity costs by putting individuals in control of their own money through a "triple play" that makes them the banker, borrower, and depositor.
Primerica is a financial services company that offers solutions to help middle-class families with debt elimination, income protection, savings, and investments through a customized and confidential consultation program. The company has two phases of expansion: recruiting regional vice presidents to open new offices, and increasing their client base through financial solutions. Primerica offers representatives multiple ways to earn income through various leadership levels and compensation plans.
REAL Solutions "Steer Clear" Auto Lending Summit Presentationrealsolutions
The document discusses how credit unions help car buyers avoid predatory loans by financing a significant portion of the used car market. It notes that credit unions captured 15% of the US auto finance market in 2007, equivalent to $90 billion in used car loans. Credit unions finance 5% of the 8 million used cars sold annually to low and moderate income borrowers, compared to 30% by banks and 60% by sub-prime lenders. The document provides lessons for credit unions to expand their role in non-prime auto lending and better serve underserved borrowers.
The document summarizes an upcoming conference on financing rapidly growing companies. It includes panels on financing growing companies, trends in the credit markets, mezzanine and subordinated debt financing options, and an overview of several investment firms. The panels will discuss financing options, deal structures, terms and conditions for providing capital to middle market companies during challenging economic times.
Similar to What factors affect loan funding times (20)
Over its first 27 months, the Kiva Zip program has served 600 financially excluded and socially impactful entrepreneurs throughout the United States, with crowdfunded, 0% interest capital. Watch our growth over this time. And then contribute to it, by making a $5 loan at www.KivaZip.org.
Para registrarse y prestar en kiva.org, complete la información de registro, seleccione su género y zona horaria, y luego podrá ver su nombre en la parte superior de la página. Una vez registrado, seleccione la cantidad que desea prestar a alguien, complete el pago con tarjeta de crédito o débito, y verá una confirmación de que su préstamo ha sido procesado.
Kiva is a non-profit organization that enables crowd-funded personal loans to borrowers around the world. Through its Kiva Zip program in the US, it provides loans to small businesses that may not qualify for traditional loans. The document discusses Kiva Zip's goal of expanding access to capital through social underwriting that evaluates borrowers' character and networks rather than just financial metrics. It encourages readers to become Trustees who can recommend eligible small business owners in their communities for Kiva Zip loans. Trustees are asked to evaluate borrowers' character, business, and social impact but have no financial liability. The program offers 0% interest loans up to $5,000 or $25,000 that are funded and communicated through Kiva
Kiva is a nonprofit that enables crowd-funded personal loans through individual lenders to borrowers around the world. In 2011, Kiva launched Kiva Zip to expand access to capital for US small businesses and entrepreneurs who may not qualify for traditional loans. To receive a Kiva Zip loan, borrowers must be endorsed by a trustee and invite lenders from their network to fund an initial portion of the loan, after which the loan is posted online for additional crowd-funding. The program aims to improve access to capital for job creators by using social underwriting rather than traditional financial metrics to evaluate borrowers.
To register and lend on Kiva Zip, a user clicks the "Zip" tab on kiva.org and logs in to their Kiva Zip account by clicking "Register" and filling out the registration form. They can then search for and select a borrower to lend to by clicking "Lend Now", selecting a loan amount, and completing the checkout process using PayPal or a debit/credit card. Once payment is processed, the user's name will be displayed as a lender on their profile and loan pages.
To register on Kiva Zip, go to kiva.org and click the "Zip" tab, then "Log In to Kiva Zip" and "Register". Provide your registration information and select your gender and time zone before clicking "Get Started", which will display your name and complete the registration process so you can make loans.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
This document summarizes Kiva Zip's lending activities in the Bay Area. It discusses several entrepreneurs who received loans through Kiva Zip to start or expand their businesses, including a coffee shop owner, a mother-daughter cookie store duo, a nonprofit founder, and a peroshki business owner. It provides statistics on the number of entrepreneurs funded, total amount raised, repayment rate, and number of lenders and trustees involved. The document promotes current fundraising campaigns and invites readers to nominate other potential borrowers.
In this holiday season, we on the Kiva Zip U.S. team wanted to take a moment to reflect on some of our collective achievements in 2013, and thank our community for their inspiring generosity and support.
The document announces a presentation by Scott Gilmore on how social entrepreneurs can make a positive impact in war zones. While the risks are high, the rewards and impact can be as well. The presentation will highlight the work of organizations like the Turquoise Mountain Foundation, Altai Group, and Peace Dividend Trust that have successfully improved lives in Afghanistan through business initiatives despite the war.
More loans are close to expiring in September than previously seen. Loans are funding more slowly in September compared to the rest of 2009. The slower funding may be because more loans have been posted, increasing supply. As of September 28th, 62 loans were within 2 days of expiring, higher than normal.
This document provides a high-level overview of key loan and business metrics including loan growth, risk, borrower verification, site visits and new users, deposits and loans, revenues and expenses, cash on hand, take rates, and staffing levels.
This document contains statistics about Kiva microloans broken down by country and US state, including the number of loans and Kiva users, population sizes, and Kiva user penetration rates. It provides this data sorted in various ways, such as by ascending Kiva user penetration at the country level, and sorted by ascending Kiva user penetration for US states. Additional details include observations about Kiva user penetration patterns within the US.
Kiva held a community conference call to share data and receive feedback on its pilot US expansion. Key findings included: the community was divided on the US pilot, it attracted new lenders and money, increased new user sign-ups, and US-focused lenders also lent internationally. The donation rate remained stable and US loans funded slightly faster than average. Feedback from lenders expressed mixed views, with concerns around straying from Kiva's mission of helping the developing world and benefits of giving US entrepreneurs opportunities and lender choice.
The matching program allows lenders to match loans made by other lenders using their existing credit, which encourages more lending on Kiva while reducing workload. The document provides an example of a lender who matched a $25 loan made to an entrepreneur in Tajikistan, and includes a message from the matching lender thanking the original lender for their contribution. It ends by inviting any questions or comments on the matching program.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
13 Jun 24 ILC Retirement Income Summit - slides.pptxILC- UK
ILC's Retirement Income Summit was hosted by M&G and supported by Canada Life. The event brought together key policymakers, influencers and experts to help identify policy priorities for the next Government and ensure more of us have access to a decent income in retirement.
Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
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Confirmation of Payee (CoP) is a vital security measure adopted by financial institutions and payment service providers. Its core purpose is to confirm that the recipient’s name matches the information provided by the sender during a banking transaction, ensuring that funds are transferred to the correct payment account.
Confirmation of Payee was built to tackle the increasing numbers of APP Fraud and in the landscape of UK banking, the spectre of APP fraud looms large. In 2022, over £1.2 billion was stolen by fraudsters through authorised and unauthorised fraud, equivalent to more than £2,300 every minute. This statistic emphasises the urgent need for robust security measures like CoP. While over £1.2 billion was stolen through fraud in 2022, there was an eight per cent reduction compared to 2021 which highlights the positive outcomes obtained from the implementation of Confirmation of Payee. The number of fraud cases across the UK also decreased by four per cent to nearly three million cases during the same period; latest statistics from UK Finance.
In essence, Confirmation of Payee plays a pivotal role in digital banking, guaranteeing the flawless execution of banking transactions. It stands as a guardian against fraud and misallocation, demonstrating the commitment of financial institutions to safeguard their clients’ assets. The next time you engage in a banking transaction, remember the invaluable role of CoP in ensuring the security of your financial interests.
For more details, you can visit https://technoxander.com.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
4. 1. Qualitative analysis: Comparison of 50 fast and 50 slow-funding loans Description length, smiling entrepreneurs, age of entrepreneurs 18% 10% 70% 915 28.3 841.5 $1,785 50 Slow Younger entrepreneurs do appear to have faster funding times 38% % young Smiling entrepreneurs do appear to have faster funding times 46% % smiling No obvious impact 72% % picture related to business Long descriptions do not necessarily result in fast funding 842 Description length 0.1 Avg funding time per dollar (mins) 0.6 Avg funding time (hours) Slow-funding loans are larger $565 Avg loan size 50 No of loans Fast
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9. 2. Quantitative analysis: All loans Africa accounts for around 30% of all loans Sub-Saharan Africa South America East Asia Central Asia Central America 0% 20% 40% 60% 80% 100% 20% 40% 60% 80% USA Pacific Middle East Eastern Europe 100% Loan value by region and sector $89.9m loan value; Data until August 31 st 2009 Food Retail Agriculture Services Clothing Transport Construction Other $24.6m $20.8m $15.4m $9.2m $7.8m $2.7m $2.4m $7.1m $89.9m
10. 2. Quantitative analysis: All loans Around 75% of loans are made to women Sub-Saharan Africa South America East Asia Central Asia Central America 0% 20% 40% 60% 80% 100% 20% 40% 60% 80% USA Pacific Middle East Eastern Europe 100% Female Male $67.4m $22.5m $89.9m Loan value by region and gender $89.9m loan value; Data until August 31 st 2009
11. 2. Quantitative analysis: All loans Group loans are more common in Africa and South America Sub-Saharan Africa South America East Asia Central Asia Central America 0% 20% 40% 60% 80% 100% 20% 40% 60% 80% USA Pacific Middle East Eastern Europe 100% Loan value by region and group size $89.9m loan value; Data until August 31 st 2009 1 2 3 4 - 6 7 - 10 11 - 20 > 20* $68.7m $0.5m $1.3m $7.7m $2.6m $7.9m $1.4m $89.9m * > 20 entrepreneurs in a group
12. 2. Quantitative analysis: All loans Group loans fund more quickly than single loans 0 1 2 3 4 5 $0m $10m $20m $30m $40m $50m $60m $70m $80m $90m Funding time: Single vs. group loans $89.9m loan value; Data until August 31 st 2009 Average minutes to fund per dollar Single loans Group loans Loan value Group loans 1.3x faster
13. 2. Quantitative analysis: All loans The larger the group, the quicker the funding time 2 0 1 2 3 4 5 $0m $2m $4m $6m $8m $10m $12m $14m $16m $18m $20m $22m Funding time: Number of entrepreneurs $21.3m loan value; Data until August 31 st 2009 Average minutes to fund per dollar 3 4 - 6 7 - 10 11 - 20 > 20 Loan value Large groups 2.6x faster than groups of 3 – 6 entrepreneurs
14. 2. Quantitative analysis: All loans Loan size appears to have little impact on funding time Funding time: Loan size $89.9m loan value; Data until August 31 st 2009 0 1 2 3 4 5 6 $0m $10m $20m $30m $40m $50m $60m $70m $80m $90m < $400 $401 - 600 $601 - 800 $801 – 1,000 $1,001 – 1,500 $1,501 - $3,000 > $3,000 Average minutes to fund per dollar Loan value
15. 0 1 2 3 4 5 6 7 8 $0m $10m $20m $30m $40m $50m $60m $70m $80m $90m 2. Quantitative analysis: All loans Region has a significant impact on funding time Funding time: By region $89.9m loan value; Data until August 31 st 2009 Loan value Average minutes to fund per dollar Eastern Europe Africa South America East Asia Middle East Central Asia Central America Pacific North America Other Africa 1.9x faster than Central Asia
16. 0 1 2 3 4 5 6 7 8 9 $0m $10m $20m $30m $40m $50m $60m $70m $80m $90m 2. Quantitative analysis: All loans Of the countries with over $2m in loan value, Nicaragua has the slowest funding time; 4 African countries have the fastest Funding time: By country $89.9m loan value; 17 countries with over $2m in loan value; Data until August 31 st 2009 Average minutes to fund per dollar Loan value Nicaragua Tajikistan Azerbaijan Lebanon Cambodia Vietnam Bolivia Nigeria Pakistan Togo Paraguay Peru Mexico Uganda Tanzania Ghana Kenya Other Eastern Europe Africa South America East Asia Middle East Central Asia Central America Pacific North America Other Uganda, Tanzania, Ghana and Kenya on average 3.0x faster than Nicaragua
17. 0 1 2 3 4 5 6 7 8 $0m $10m $20m $30m $40m $50m $60m $70m $80m $90m 2. Quantitative analysis: All loans Sector does not appear to have a significant impact on funding time Funding time: By sector $89.9m loan value; Data until August 31 st 2009 Average minutes to fund per dollar Loan value Food $24.6m Retail $20.8m Agriculture $15.4m Services $9.2m Clothing $7.8m Transport $2.7m Construction $2.4m Other $7.1m $89.9m Food, Services and Agriculture on average 1.3x faster than Clothing and Retail
18. 2. Quantitative analysis: All loans Gender appears to significantly impact funding time Funding time: Loan size $89.9m loan value; Data until August 31 st 2009 Average minutes to fund per dollar Loan value Women fund 1.5x faster than men 0 1 2 3 4 5 6 7 $0m $10m $20m $30m $40m $50m $60m $70m $80m $90m
19. 2. Quantitative analysis: All loans Videos appear to reduce funding time (although it is a small sample size) Funding time: Loans with videos $89.9m loan value; Data until August 31 st 2009 Average minutes to fund per dollar Loan value: $137k Loan value: $89,808k
20. 0 1 2 3 4 5 6 7 $0m $10m $20m $30m $40m $50m $60m $70m 2. Quantitative analysis: All loans Larger loans do appear to take longer to fund for single entrepreneurs Funding time: Loan size $68.7m loan value; Single entrepreneurs only; Data until August 31 st 2009 Average minutes to fund per dollar Loan value < $400 $401 - 600 $601 - 800 $801 – 1,000 $1,001 – 1,500 $1,501 - $3,000 > $3,000
21. 0 1 2 3 4 5 $0m $10m $20m $30m $40m $50m $60m $70m $80m $90m 2. Quantitative analysis: All loans Partner star rating does not appear to significantly impact funding time Funding time: Partner star rating $89.9m loan value; Data until August 31 st 2009 Average minutes to fund per dollar Loan value 1 2 3 4 5 Note: Partner star rating reflects the risk factor of that partner (MFI). A star rating of 5 represents the least risky MFIs
22. 0 1 2 3 4 5 6 7 8 $0m $1m $2m $3m $4m $5m $6m $7m $8m $9m $10m $11m 2. Quantitative analysis: All loans Currency risk rating does not appear to significantly impact funding time Funding time: Currency risk rating $10.0m loan value; Data from June 25 th until August 31 st 2009 Average minutes to fund per dollar Loan value Partner takes all foreign exchange risk Lender shares some foreign exchange risk
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24. Impact of gender on loan funding time Average minutes to fund per dollar Impact of sector on loan funding time Average minutes to fund per dollar Impact of loan size on loan funding time Average minutes to fund per dollar Women get funded twice as quickly as men 3. Quantitative analysis: Tajikistan loans Gender and sector affect loan funding times; loan size does not Services appears to be the fastest-funding sector, transportation appears to be the slowest However, these are relatively small sample sizes Surprisingly, agriculture appears to be relatively slow-funding Loan size appears to have relatively little effect on average funding times per dollar # of loans 3,778 3,978 215 2,881 1,516 1,101 1,378 363 302 1,249 1,218 1,404 1,397 2,488 Source: 7,756 Tajikistan loans with at least 3 lenders contributing to them