Zidisha Inc.
Zidisha Inc.
Online Microlending Platform.
Financial & Insurance activites | Burkina Faso | Access to Financial Services |
Overview
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.
Industry |
Legal Structure |
Operating Status |
Employees |
Financial & Insurance activites | Nonprofit | Operating | 11 - 50 employees |
Funding and Financing Rounds
Jan, 2014 / Seed
Team
Impact
Social Objectives:
Environmental Objectives:
Operational Impact:
- Social Policies and Performance
Impact Reports & Metrics
Offices
Headquarters
21900 Muirfield Circle
#104
Sterling, Virginia 20164
United States of America