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chaseadam17 601 days ago | link | parent

We are definitely considering experimenting with a donation "tip" feature. Based on our research, the average tip on peer-to-peer giving and lending platforms is about 5% of the total donation amount for a first time donation, and virtually nothing for recurring donations (people usually only tip once). It's not enough to run an organization on, but it's a great potential source of revenue to help cover some overhead costs.

giblfiz 601 days ago | link

Don't discount it. Your numbers are about right, but that can definitely be enough to run an organization. Kiva has about 80 full time staff and about 3/4s of their funding comes from lender tips.


chaseadam17 601 days ago | link

This is great to know. We need to get on that feature ASAP!


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