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'Kiva' contact. Setting up a lending channel for overseas clients

Discussion in 'Philanthropy' started by tobe, 26th Oct, 2016.

  1. tobe

    tobe Well-Known Member

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    hi,
    I got introduced to 'Kiva' thru somersoft. I hope the member there who introduced me is over here now as I'd like to see about setting up a funding line for overseas people to borrow money for a specific purpose that's a little different to what kiva's purpose is usually, helping set up small businesses.

    The idea is providing a funding line to help people overseas access generic medicine. I'm in contact with some people who make these generic medicines available at cost.

    But for people in the third world, even the low cost would be a fair bit. Better afforded thru a low interest loan. I'm also in contact with a group of Australian 'funders' that could look after the seed/loan funds so maybe this is something kiva or similar could help with?

    I can organise potential borrowers, os sick people, medicine and doctors for 'security' or purpose of the loan and potential 'donors'/funders here in Aus. Just need a specialist company to help administration, for a fee of course.

    Any help appreciated, about kiva or a similar type organisation.

    Thank you.
     
    EN710 likes this.
  2. Ouchmyknees

    Ouchmyknees Well-Known Member

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    If I read it correctly, you want to sell cheap generic medicine to overseas patients by installment with interest?

    There are many legal ramifications, such as obtaining a license to sell drugs overseas. E.g. An OTC drug here won't necessarily be legal in other countries.

    Or obtaining a license to sell drugs, period.

    Providing financial services overseas is a whole mess in itself.

    From a competitive environment perspective, there are heaps of generic pharma companies in third world countries, price won't be your competitive edge, suggest you google Cipla.

    Also there is an always ethical issue of producing generic drugs.

    It won't be something a small business can handle.
     
  3. tobe

    tobe Well-Known Member

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    Thanks for your post.
    There are no concerns about producing generic medicines. Pharma companies usually have both the branded and generic meds produced by the same company in the same way, in the same facility. They just distribute, label and price them differently.

    The group I'm thinking about is not for profit that is currently sourcing generic meds for a specific condition and supplying them to people worldwide at cost. They have this down pat. It's not a business, it's an Aussie who who had to do it for his own health a couple of years ago and decided to help others, voluntarily.

    It's not illegal to import/travel os with meds for almost all countries (jthey just need to be accompanied by a script/drs diagnosis etc) Up until early this year it was the only practical way to get them in Australia.

    And the people here in Aus want to give back and help people os, now the drugs have finally been listed on the pbs here in Aus.
    The real difference is not the source is cheap or this group is the best source etc. it's more about education/information than trying to undercut anyone etc.

    most doctors tell people treatment isn't available, or only available thru health insurance when the disease is advanced. When people google it they find this group, who can get them meds at cost, but in the third world that's still 6 months or a years income for most people, hence the need for affordable finance options.

    If you want more info on what meds they are or what the disease/issue is, send me a pm, prefer not to share it in this post.
     
  4. tobe

    tobe Well-Known Member

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    @Perp @wylie @devank you guys posted in ss about kiva, any thoughts/contacts to further my crazy idea above?
     
  5. wylie

    wylie Moderator Staff Member

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    Have you asked if Kiva can be the "middleman" for this?

    It seems there is already a conduit available (Kiva) who would likely have the expertise and contacts required to make this work (unless I'm not really understanding it).
     
    tobe likes this.
  6. devank

    devank Look, lets just get on with this, ok? Premium Member

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    It is not really 'finance' as we know from Kiva. It is practically giving away.
    " The idea is providing a funding line to help people overseas access generic medicine. I'm in contact with some people who make these generic medicines available at cost."
    Are you trying to give money?
    Or
    Are you trying to get the medicine to reach them?
     
  7. tobe

    tobe Well-Known Member

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    I can get the Medicine to them. I'm trying to set up funding so it can be expanded to people who need it but can't afford it without reasonable finance.
    There are some people who 'donate' money but that can only go so far. Each treatment is about $2000 so it'd be better to 'gear' and help more people.
     
  8. tobe

    tobe Well-Known Member

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    Hi Wyllie,
    Thanks for responding. I have asked kiva, thru their fb page. No response yet. I couldn't find an email on their website. I'm also recovering from a concussion, so I'm a bit all over the place organisation wise at the moment.

    This post was about getting a contact at kiva that someone from somersoft might have had in the past, or other suggestions for groups that can manage this sort of finance.
     
  9. Luke T

    Luke T Well-Known Member

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    You could email some of the bigger mission charities -Opportunity International ,World Vision ,compassion etc etc I think you would just have to keep talking to people until you just stumble on the right person who is willing to help
     
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  10. Luke T

    Luke T Well-Known Member

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    Great idea by the way good on you !
     
  11. tobe

    tobe Well-Known Member

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    Cheers. It's just finding the time. Stupid work.