Our two loans on the main Kiva website have again been partially repaid!
Abdel Karim from Lebanon has paid $1.39 back on his loan.
Carolina from the Philippines has paid a very impressive $5.00 back!
In total, that is another $6.39 in on-time repayments!
Thursday, June 20, 2013
Friday, June 14, 2013
An end-of-school-year post
Well, it has been a long year. As finals wrap up next week, I hope that all members of E-Stock have enjoyed their time in this club.
What have we done? To list a few events:
Loaning on Kiva.com
MarketWatch Spring Competition
Beckman Finance Newsletter
Recycling Program
What events have we seen make the stock market quake? To list another few:
Congress falls off the "fiscal cliff"
The US Presidential Election
Boston Marathon Bombing
For a nice finish to E-Stock: 2012-2013, a few members responded to the question "What commodity are you bullish on?"
"Acai Berries" ~ Courtney Le
"Palm Oil" ~ Emily Ko
"Sugar" ~ Nicholas Partlow
"Corn" ~ Calvin Chen
"Avocados" ~ Marissa Gerchick
What am I bullish on?
"Helium"
Enjoy the summer!
Andrew Jabara
President of the E-$tock Club
What have we done? To list a few events:
Loaning on Kiva.com
MarketWatch Spring Competition
Beckman Finance Newsletter
Recycling Program
What events have we seen make the stock market quake? To list another few:
Congress falls off the "fiscal cliff"
The US Presidential Election
Boston Marathon Bombing
For a nice finish to E-Stock: 2012-2013, a few members responded to the question "What commodity are you bullish on?"
"Acai Berries" ~ Courtney Le
"Palm Oil" ~ Emily Ko
"Sugar" ~ Nicholas Partlow
"Corn" ~ Calvin Chen
"Avocados" ~ Marissa Gerchick
What am I bullish on?
"Helium"
Enjoy the summer!
Andrew Jabara
President of the E-$tock Club
Wednesday, June 12, 2013
Our first Kiva Zip repayment!
Hello Everyone,
Therese has paid back $2.09 from our $25 loan to her Training with Gaming business. I am sure that the loan is already being put to good use by making a difference for kids with autism!
Therese has paid back $2.09 from our $25 loan to her Training with Gaming business. I am sure that the loan is already being put to good use by making a difference for kids with autism!
Tuesday, May 21, 2013
Kiva Loans are Starting to be Repaid!
We currently have two loans on the main Kiva lending platform:
Abdel Karim is using the money for motorcycle repair in relation to generators in Lebanon. He has repaid 5.52% of the loan or $1.38 so far.
Catalina has continued to buy new products for her store in the Philippines. She has repaid 8% of the loan or $2.00 so far.
That adds up to a grand total of $3.38 we have received back! Good job, members of the E-Stock club, for choosing people who have not only started to pay us back, but are actually paying us back earlier than scheduled!
~Andrew Jabara
President of the E-$tock Club
Abdel Karim is using the money for motorcycle repair in relation to generators in Lebanon. He has repaid 5.52% of the loan or $1.38 so far.
Catalina has continued to buy new products for her store in the Philippines. She has repaid 8% of the loan or $2.00 so far.
That adds up to a grand total of $3.38 we have received back! Good job, members of the E-Stock club, for choosing people who have not only started to pay us back, but are actually paying us back earlier than scheduled!
~Andrew Jabara
President of the E-$tock Club
Friday, May 3, 2013
Recycling Program!
Hello,
The E-$tock Club has partnered with Go-Green Club to start the Beckman Recycling Program! Today was our first collection of cans and bottles from ten recycling bins scattered throughout campus. The result:
+ 
+ 
=
One big trash bag filled! That is not a bad haul for five days and ten bins (three pictured above).
The recycling program has many useful purposes on campus;
First of all, we are helping to clean up campus by providing an outlet for people to "go green" and recycle.
Second, the funds that recycling will give us will be used to fund more loans on Kiva and other future projects.
Finally, this is a great segue into commodities! A commodity is, at its simplest form, a good that meets a want or a need in society. Plastic and aluminum are two commodities, and at the recycling center the base buyback price is currently at $1.07 for PET 1 ("water bottle") plastic and $1.59 for aluminum cans in California. Another interesting thing about commodities is that greater demand can create greater value for them. For example, California law dictates that you can demand to be paid by count on up to 50 items of one type of recyclable object. For example, you could bring in 50 water bottles and be paid $0.05 each (for a grand total of $2.50) if the bottles are under 24 oz. (over 24 ounces will net you $0.10 per item).
Thank you to all who helped make campus a greener place (and put some green into our club accounts). Keep up the good work!
~Andrew JabaraAndrew JabaraAndrew JabaraAndrew JabaraAndrew Jabara
The E-$tock Club has partnered with Go-Green Club to start the Beckman Recycling Program! Today was our first collection of cans and bottles from ten recycling bins scattered throughout campus. The result:
+ + =
One big trash bag filled! That is not a bad haul for five days and ten bins (three pictured above).
The recycling program has many useful purposes on campus;
First of all, we are helping to clean up campus by providing an outlet for people to "go green" and recycle.
Second, the funds that recycling will give us will be used to fund more loans on Kiva and other future projects.
Finally, this is a great segue into commodities! A commodity is, at its simplest form, a good that meets a want or a need in society. Plastic and aluminum are two commodities, and at the recycling center the base buyback price is currently at $1.07 for PET 1 ("water bottle") plastic and $1.59 for aluminum cans in California. Another interesting thing about commodities is that greater demand can create greater value for them. For example, California law dictates that you can demand to be paid by count on up to 50 items of one type of recyclable object. For example, you could bring in 50 water bottles and be paid $0.05 each (for a grand total of $2.50) if the bottles are under 24 oz. (over 24 ounces will net you $0.10 per item).
Thank you to all who helped make campus a greener place (and put some green into our club accounts). Keep up the good work!
~Andrew JabaraAndrew JabaraAndrew JabaraAndrew JabaraAndrew Jabara
President of the E-$tock Club
Tuesday, April 23, 2013
Social Media and your wallet
If you watched the Dow today, you most likely would have seen it suddenly tank a little after 1 pm. While momentum was regained and the Dow finished strong, why did the sinkhole occur?
The simple reason lies in one word: Twitter.
The Associated Press Twitter account was hacked into, allowing an unscrupulous person to post a picture of the White House burning, "reporting" explosions at the White House and injury ostensibly sustained by President Barack Obama.
While this issue was quickly rectified, it does reveal how powerful our interconnected world can be swung on pure mob mentality. The Dow lost 147 points in less than three minutes after the "report" came out on Twitter, briefly entering into the red before returning to a gain of 152 points to end the day.
Remember that most people trading in the stock market are, well, people. Even computer algorithms can be triggered by trading on a whim. We must realize that the market will be swayed by momentous events, but also retain a rational mindset to truly succeed.
Andrew Jabara
President of the E-Stock Club
(A glimpse of the Dow's swoon, courtesy of MarketWatch)
The simple reason lies in one word: Twitter.
The Associated Press Twitter account was hacked into, allowing an unscrupulous person to post a picture of the White House burning, "reporting" explosions at the White House and injury ostensibly sustained by President Barack Obama.
While this issue was quickly rectified, it does reveal how powerful our interconnected world can be swung on pure mob mentality. The Dow lost 147 points in less than three minutes after the "report" came out on Twitter, briefly entering into the red before returning to a gain of 152 points to end the day.
Remember that most people trading in the stock market are, well, people. Even computer algorithms can be triggered by trading on a whim. We must realize that the market will be swayed by momentous events, but also retain a rational mindset to truly succeed.
Andrew Jabara
President of the E-Stock Club
(A glimpse of the Dow's swoon, courtesy of MarketWatch)
Two more loans funded on Kiva!
During the club meeting today, E-Stock has made two more loans to people in need.
First to receive a loan today was Abdel Karim from Dahieh, Lebanon, whose job of repairing motorcycle and power generators will receive a boost from the loan, which will allow him to buy special parts he uses in repairs. You can read more about Abdel here.
Second on our list was Catalina from Binalbagan, Negros Occidental, Philippines. She will be using her money to buy more groceries to sell from her general store. Catalina has taken out a loan before on Kiva and paid it back faster than expected, so it seemed foolhardy not to lend to her. You can read more about Catalina here.
Thank you to all members of E-Stock who made these donations possible. Let's continue to help the global economy!
Update: The loan made by Catalina has been fully funded! We will start to receive repayments within the next couple of months.
Update: The loan made to Abdel has been fully funded!
First to receive a loan today was Abdel Karim from Dahieh, Lebanon, whose job of repairing motorcycle and power generators will receive a boost from the loan, which will allow him to buy special parts he uses in repairs. You can read more about Abdel here.
Second on our list was Catalina from Binalbagan, Negros Occidental, Philippines. She will be using her money to buy more groceries to sell from her general store. Catalina has taken out a loan before on Kiva and paid it back faster than expected, so it seemed foolhardy not to lend to her. You can read more about Catalina here.
Thank you to all members of E-Stock who made these donations possible. Let's continue to help the global economy!
Update: The loan made by Catalina has been fully funded! We will start to receive repayments within the next couple of months.
Update: The loan made to Abdel has been fully funded!
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