As many of you know Kiva held a conference call yesterday about the proposed "Open Marketplace" which has been causing so much interest among many of us, and worry for some of us too. The attendees were: Matt Flannery, Premal Shah and Beth Kuenstler from Kiva and YULtide, Bob Harris and fcjapan from our side. Of course Bob Harris and YULtide officially represented FOBH and LLL, respectively, but we are all together on these issues as well as most others. Due to schedule conflict neither Randy Petersen nor Nime01 were able to join. I hope YULtide and Bob Harris will correct me on my errors in my reporting. 1) Field Partners and Kiva have had continuing problems trying to manage the flow of new loans and the funding of loans. While there is fairly good knowledge of which loans tend not to be funded (male, Middle Eastern, large, long) there is less clear ability for FP's to manage their flows. 2) Kiva has historically tried to manage the flows to make sure that all loans get funded. That is labor intensive, fairly rigid, and does not enable such things as seasonal agricultural loans to be handled well. 3) Several newer needs, such as longer term educational loans , are not well-addressed by the historical interventionist approach. 4) The efforts to decouple the previous rules over the New Year caused consternation (my word) among the LLL, MilePoint and other teams as the unraveling of the no-expiry policy continues to produce many expiries (as of this moment I personally have had 103 loans expire unfunded since this change began) with associated dismay among Kiva staff, Field Partners and Lenders. 5) The Kiva approach to dealing with these issues is to give far more data and control of loan posting to Field Partners, with special emphasis on information about what fails and succeeds in the Kiva funding process. 6) The LLL team had provided lots of questions, only a tiny number fo which were discussed. However, Matt and Premal did ask YOULtide if the famed LLL analytic team could help support better approaches by Kiva. 7) I have agreed to meet Kiva staffers on Monday after the DO to discuss better ways of integrating the Kiva analytic results, now fairly technical to use, into forms more suitable for use by Field Partners and others. I do the same stuff for a few FI's. My conclusion is that they are doing all that we might reasonably expect and more, but that that is not enough now, with continuous growth and expansion. They agree, and are asking for advice on how to do better. We cannot honestly ask for more than that IMO. They are incredibly open and thoughtful. Now it is our turn to find out how we can help them do better. So, folks, that is my report. I hope YULtide, fcjapan and Bob Harris will give their views too.