Zidisha: Difference between revisions
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''' | ''' A smaller microloan organization, has been using the peer-to-peer direct lending model for poverty fighting with a default rate of 0.38 percent. So far they’ve distributed about $130,000 in the 2 years since its inception.''' | ||
URL = https://www.zidisha.org/index.php | URL = https://www.zidisha.org/index.php | ||
Revision as of 20:43, 1 February 2012
A smaller microloan organization, has been using the peer-to-peer direct lending model for poverty fighting with a default rate of 0.38 percent. So far they’ve distributed about $130,000 in the 2 years since its inception.
URL = https://www.zidisha.org/index.php
Description
Zidisha is a nonprofit peer-to-peer microfinance internet platform that allows people to lend small amounts of money directly to entrepreneurs in developing countries.
By comparison, Kiva, which doesn't really apply real p2p lending, moves $1 million every four days.