- Interest rate : You should understand that these are people that no mainstream institute would be willing to lend money to, even at high interest rates. So Kiva's high interest rate is not really high.

- Marketing expense : I joined Kiva because they said they will make the first contribution on behalf of me. I chose the borrower and Kiva sent the money. I didn't spend anything. I'm sure this would come in as marketing expense. This was one of their largest marketing campaign.