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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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Microfinance is one of the most useful ways in which people in the developed world can help those in developing countries. Of all of the microfinance organizations that I know, Zidisha is unique. It directly links lenders like me, to borrowers in Kenya, Ghana, and other countries. I can lend as much...
Zidisha is a single place that a struggling individual can find affordable and dignified financial aid. Zidisha gives everyone a chance to prove his honesty and trustworthy to the world...
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great staff it will assist the entrepreneurs it is a wonderful experience to connect with zidisha...
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