Tag: Education Loans2
Impact Companies Tag: Education Loans 2
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Company
Zidisha Inc.
United States of America
Zidisha is a Y Combinator nonprofit and the first loan crowdfunding platform for people in developing countries that connects people directly without going through local bank intermediaries. We've gotten the cost of loans down from over 35% at traditional loan crowdfunding platforms such as Kiva to just 5%. We did this by replacing local loan officers with a self governing eBay style peer to peer lending community.So far we've facilitated over 15000 loans between 20000 people worldwide with a repayment rate of 85 90%. Our lending volume has doubled in the past six months.
| Financial & Insurance activites |
Company
Zomia SPC
United States of America
Launched in 2014 Zomia SPC is a social purpose corporation on a mission to increase access to higher education among students from marginalized communities. Headquartered in Seattle the company's main activities include identifying promising students from marginalized communities connecting them with funders and administering affordable loans. Zomia presently serves students in Southeast Asia. Working to increase access to higher education and opportunity among students from marginalized communities presently in Southeast Asia.
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