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Zidisha is the next generation of microfinance. It is the only peer-to-peer microfinance organization that allows lenders to make low-interest loans to borrowers directly, without any intermediaries. Launched in October 2009, Zidisha has since raised over $350,000 for over 600 small businesses in developing countries. Visit Zidisha.org for more information.
Loans raised: $352,006 USD
Businesses financed: 602
Average lender interest: 3.08%
Members Worldwide: 2040
Repayment rate: 97.49%
(As of September 2012)
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great staff it will assist the entrepreneurs it is a wonderful experience to connect with zidisha...
I was pointed towards microfinance a few years ago as an alternative to charity donation - more sustainable, more interaction, not simply pouring pounds (I am British) down the drain. It was about the time of the shake up in microfinance and people were realising that sites like Kiva took a ...
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I love the concept of microfinance. I used to lend through Kiva until I discovered the middleman fees could end up costing borrowers interest rates up to 40% on money that I had loaned interest free!!
I searched for an alternative and stumbled upon Zidisha in October 2012. I love this ...
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