Some team members make pledges in advance for how much new money they will be lending during the Loan-A-Thon to encourage others to follow their lead. Personally, I pledge $100 in new money towards this loan-a-thon.
Our April Fools Loan-A-Thon is best described by Joe from our team:
April 1st - We're no April Fools! We will not waste our money tithing to a religious organization when we can do some actual good by lending capital directly to our fellow Humans who need it!
We have currently just over $1,725,000 dollars lent. I did some quick analysis using Daniel R's stats tool and we are lending at a rate of about $125,000 per month. At this pace we'll be about $150,000 short of our $3,000,000 year end goal. Hopefully we can kick it up a notch as well as attract new members. We've added about 1000 new members so far this year.
It's been exciting to hear about the lending war (the only good type of war) over in the Religious Congregations category in the Kiva Community area between the Church of the Flying Spaghetti Monster and the Kiva Mormons. I know some of you have been touched by His Noodly Appendage and have taken the call to arms. Good luck in your struggles. Hopefully we can have a 48 hour cease firing of meatball munitions to pay thanks to his Noodliness for spontaneously appearing against all odds when the call was put out for an Intelligent Designer to instantiate and lead us to intellectual victory. RAmen!