Zidisha

A smaller microloan organization that has been using an online peer-to-peer direct lending model since 2009. This organization is the first of its kind. The repayment rate is 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 doesn't really apply real p2p lending, but as of late 2011 began to pilot direct p2p microloans based on Zidisha's model.