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Kiva Loan Repay Rate vs. Slot Machine Payback Percentages

An intriguing coincidence: The repayment rate of individual loans in Kiva (a broker for individual loans around the world) is 98.50%, which is quite similar to the payback percentage of Las Vegas slot machines.

However, Kiva helps allow you to act as a banker to people throughout the developing world (and more recently, the United States as well). And gambling can be an addictive and destructive behavior. So if you want to have a good time with your money, why not loan it to someone in need instead of pulling a lever and throwing it away?

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One Comment

  1. Posted December 23, 2010 at 1:23 am | Permalink

    This is a great information. It made me laugh but it’s definitely worth my while. Gamblers should take your advice and take on a Kiva. They’ll have more chances with this one than with the slot machines.