FAQ

The Gumball Fund

How do you choose who receives the loan?
Gumball Capital will publish a list of recommended criteria for making informed choices. Partner organizations can choose to follow these criteria in selecting their own entrepreneurs on Kiva to lend to, or allow Gumball Capital to select them. In either case, the money is lent by the Gumball Fund.
What do you do when loans are repaid?
As loan installments are repaid, we lend the capital to another entrepreneur. In this way, our donors' money is put to constant good use.
Do you disclose who you have loaned money to?
Yes. We will provide a list of loans on the website.

The Gumball Challenge

When's the Challenge happening?
The first annual Gumball Challenge begins on Sunday, November 4th, 2007 and runs through Saturday, November 10th.
I'm interested in helping out. Do you want me?
Yes! Please contact us.
What do you provide to partner campus organizations?
We provide each participating team with a "microloan" of $40, a gigantic box of gumballs, and a Starter Kit. The Starter Kit contains promotional materials, checklists for organizing the Challenge, fundraising ideas, and templates for recruiting judges, sponsors, members, and teams.

Kiva

What's Kiva?
Kiva is a highly engaging non-profit that allows everyday individuals to make microloans to developing-world entrepreneurs online. Check it out for yourself at www.kiva.org!
How are you related to Kiva?
We admire the innovative philanthropic model Kiva enables, microfinance, and want to contribute to Kiva's success. We have no other connection to Kiva.
Why shouldn't I just lend directly to entrepreneurs through Kiva?
We absolutely encourage anyone who wants to lend directly through Kiva to do so. We're simply reaching out to enlarge the pool of capital. We also provide an alternative for people who want to contribute through Kiva without selecting specific entrepreneurs each time the loan is repaid.
Are you competing with Kiva.org for donations?
No. Kiva enables people to loan money to specific developing-world entrepreneurs and collect repayment 12-18 months later. Gumball Capital collects funds which we lend to entrepreneurs through Kiva; as loans are repaid, we lend the capital to new entrepreneurs.

Miscellaneous

Who are you?
We're the Gumball Corps. Feel free to contact us with any questions, comments, or suggestions.

Microfinance!

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