1 person found this review helpful
ZIDISHA INC.
Invite reviews
Invite friends and colleagues to share their experiences with this nonprofit
May 1, 2012
1 person found this review helpful
I choose Zidisha.org as my case study when writing my Master's thesis last year. I did this because Zidisha is unique in being the only platform that truly connects borrowers and lenders, and offers both the power to decide how much they want to lend and how much and at what rate to borrow. Unlike other platforms, when I lend 10$ on Zidisha, I know the exact person I'm lending to and what he/she will be using those funds for. Zidisha is the first platform to empower computer-literate entrepreneurs in developing nations to get loans at affordable rates (perhaps too low for Zidisha to be a viable stand-alone organisation...), without having the lenders loose their impact and decision-making power.
The Great!
I've personally experienced the results of this organization in...
getting the gratifying feeling of supporting entrepreneurs worldwide, without having to really on someone else to make the calls for me.
More feedback...
How does this organization compare with others in the same sector?
Very Well
How much of an impact do you think this organization has?
Life-changing
Will you recommend this organization to others?
Definitely
When was your last experience with this nonprofit?
2012
What is unique about this organization?
it peer to peer connectivity and its total transparency on what happens with your funds.
April 22, 2012
I
have worked in the field of lending with one of the leading MFIs in
kenya for more than 10years.Some things I have learnt include; A
borrower who services his/her loan well,encourages the lender.A lender
will always be happy if the living standard of the borrower is improved
by the loan.Availability of the loan when needed determines the
repayment very much.The cost of the loan to the borrower is also an
important factor in loan repayment.etc.The demand for funds by the very
low income earners is still high but not yet met because they do not fit
very well in the current interest rates offered by the Banks.What
Zidisha is doing to connect the borrower to the lender with an affordable
interest rate is turning to be very important.After I learnt about
Zidisha through internet,I have now noted people who has taken loans
through Zidisha and even some are servicing the second loan.Therefore the lenders through Zidisha should be encouraged
because the funds is well channeled to the needy.
More feedback...
How does this organization compare with others in the same sector?
Very Well
How much of an impact do you think this organization has?
A lot
Will you recommend this organization to others?
Definitely
When was your last experience with this nonprofit?
2012
Previous |
Next
Filter by reviewer role:
Support This Nonprofit
Help this nonprofit get more reviews
5 tips for getting reviews