From the category archives:
The Janta Foundation (www.JantaLoans.org) today announced it has launched the first-ever Web site that allows individuals to support children and young adults in the developing world through education microloans and scholarships.
Lenders and donors can now connect with, and directly impact individual students of their choice in India or Nicaragua, extending the benefits of microfinance to [...]
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Scott Langmack has given more than $600,000 in unsecured loans to strangers.
“I can reliably get 12 percent, worst case 9 percent,” said Langmack, 50, a former Microsoft marketing executive who began investing in so-called peer-to-peer lending last year. “I can’t find anything that gives me this kind of confidence.”
Investors loan money directly in peer-to-peer, or [...]
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The peer to peer lending sector in India is hotting up with several launches taking place and many more in the pipeline.
So far we had have Rangde.org and DhanaX.com and the newest entrant to this nascent sector is Nanofin which stands for your Neighbourhood Finance Network.
Even though Nanofin announced the launch of their services in [...]
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dhanaX is an online-offline person-to-person lending platform that allows Indians to lend and borrow money from each other. dhanaX is inspired by the idea of an online community’s ability to come together and help each other. dhanaX works within the ambit of Social Business or Social Enterprise.
Successful experiments worldwide in micro-credit have shown how [...]
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About Rang De
RangDe.Org is India’s first online peer to peer micro-lending platform that enables individuals to lend to low income households in India. The mission is to make microcredit affordable and holistic by making it available for business, education and health needs.
RangDe’s Business Model
Rang De is a social business with a strong focus on becoming a [...]
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The timing seems right. In the midst of the deepest American recession since the Great Depression, peer-to-peer microlending pioneer Kiva.org has opened the doors to its long-planned domestic lending program – connecting its network of lenders to small businesses like Enrique, a New York cobbler seeking a $5,000 loan for leather, rubber soles and general [...]
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Via Seattle Microfinance
Peer-to-Peer Lending Pain
It has been a year of setbacks for peer-to-peer lenders such as Prosper, Lending Club, and Zopa, which use the Web to connect those who need a loan with individuals willing to act as lenders. Once positioned to become an alternative financing spigot for entrepreneurs, the nascent industry has been [...]
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David Costa who is the Dean at the Robert Kennedy College – University of Wales MBA in Zürich, Switzerland reviews two online lending platforms on his blog http://microfinance.fm/blog
MyC4.com
I had initially the wrong impression about this platform. I did change my mind after reviewing this. The idea is to allow lenders to charge an interest rate (and perhaps [...]
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MicroPlace Launches First Microfinance Investment Yielding 5 Percent for Everyday Investors
People can help the working poor out of poverty with a healthy investment as low as $20.
SAN JOSE, Calif., Feb. 17 /PRNewswire/ — MicroPlace (www.microplace.com), a website that enables everyday people to invest in the world’s working poor, announced today the launch of a new [...]
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