Peer to Peer Microfinance: Difference between revisions
(Created page with " '''* Master's thesis: Peer to Peer Microfinance: The Case of Zidisha.org. Sander Van Damme.''' URL = https://www.zidisha.org/editables/news_docs/Louvain.pdf (for addition...") |
No edit summary |
||
| Line 1: | Line 1: | ||
'''* Master's thesis: [[Peer to Peer Microfinance]]: The Case of Zidisha.org. Sander Van Damme.''' | '''* Master's thesis: [[Peer to Peer Microfinance]]: The Case of Zidisha.org. Sander Van Damme.''' | ||
| Line 6: | Line 5: | ||
(for additional information on the topic, see [[P2P Microfinance]]) | (for additional information on the topic, see [[P2P Microfinance]]) | ||
=Excerpts= | |||
==The Future of Peer to Peer Microfinance== | |||
Sander Van Damme: | |||
“It remains hard to tell how peer to peer microfinance will evolve; Zidisha is only a small | |||
website which currently only has a very local impact. However, given the current success of | |||
altruistic platforms such as Kiva, able to finance $231 million in loans since its launch in | |||
2005, it is clear a big potential for such websites exists. The only constraints to growth that | |||
remain are the current small portfolio of prospecting borrowers and the limited geographic | |||
focus. The platform is currently working on this second point by offering new applications | |||
from Indonesia and Burkina Faso. Furthermore, the growth of mobile banking is an important | |||
factor for the operational model of getting the money to the most remote borrowers in rural | |||
areas. | |||
As discussed above, Zidisha presents itself as a clear model for real peer to peer microfinance, | |||
based on computer-literate entrepreneurs with credit history and philanthropically motivated | |||
lenders. We can foresee more such platforms to develop as mobile banking becomes more | |||
widespread, and see it as a logical evolution in line with developments which the Irish Loan | |||
Funds and the English Friendly Societies also experienced: as microfinance institutions | |||
develop a credit history in developing markets, others will be able to profit from this and take | |||
away their most successful clients. Of course the platform is very young and only very few | |||
loans have currently been repaid, it remains therefore to be seen how lenders will react when | |||
loans default and their money is lost. We foresee this to be a very important test for the | |||
platform and urge further research to keep track of this evolution and its possible implications.” | |||
(https://www.zidisha.org/editables/news_docs/Louvain.pdf) | |||
| Line 11: | Line 40: | ||
* [[Social Lending]] | * [[Social Lending]] | ||
* [[P2P Microfinance]] | |||
Revision as of 13:04, 6 March 2012
* Master's thesis: Peer to Peer Microfinance: The Case of Zidisha.org. Sander Van Damme.
URL = https://www.zidisha.org/editables/news_docs/Louvain.pdf
(for additional information on the topic, see P2P Microfinance)
Excerpts
The Future of Peer to Peer Microfinance
Sander Van Damme:
“It remains hard to tell how peer to peer microfinance will evolve; Zidisha is only a small website which currently only has a very local impact. However, given the current success of altruistic platforms such as Kiva, able to finance $231 million in loans since its launch in 2005, it is clear a big potential for such websites exists. The only constraints to growth that remain are the current small portfolio of prospecting borrowers and the limited geographic focus. The platform is currently working on this second point by offering new applications from Indonesia and Burkina Faso. Furthermore, the growth of mobile banking is an important factor for the operational model of getting the money to the most remote borrowers in rural areas.
As discussed above, Zidisha presents itself as a clear model for real peer to peer microfinance, based on computer-literate entrepreneurs with credit history and philanthropically motivated lenders. We can foresee more such platforms to develop as mobile banking becomes more widespread, and see it as a logical evolution in line with developments which the Irish Loan Funds and the English Friendly Societies also experienced: as microfinance institutions develop a credit history in developing markets, others will be able to profit from this and take away their most successful clients. Of course the platform is very young and only very few loans have currently been repaid, it remains therefore to be seen how lenders will react when loans default and their money is lost. We foresee this to be a very important test for the platform and urge further research to keep track of this evolution and its possible implications.” (https://www.zidisha.org/editables/news_docs/Louvain.pdf)