Julia, Great reply. I am a fan of Zidisha and what it is trying to do. Having grown up in a third world country to very poor parents with minimal education, I

Julia, Great reply. I am a fan of Zidisha and what it is trying to do. Having grown up in a third world country to very poor parents with minimal education, I am fan of any initiative that helps the poor and the willings everywhere. I wouldn't be where I am today without the support of a few benefactors who came along in my life time to time. I hope you will not make any major changes to your service based on comments and blog post. Bystanders shouldn't drive your business decisions. If your borrowers understand flat interest rate better then you should be using flat interest rate with your borrowers. From traditional lending perspective, registration fee is nothing more than application and origination fee. Actually, your fee is much lower than 3-5% origination fee charged in lending.Though your service fee (loan administrative fee) of 5% is two to three times more than traditional 1-2% administrative fee. Considering how expensive international money transfer is your service fee is reasonable. As for lenders, if they want to see feel good stories of how their money helping someone that is what you should show. If lenders are also looking to make some profit along the way, then you should show them the returns they are getting. There is no reason for you to reconcile the information presented to lenders and borrowers unless your stakeholders (bystanders are not your stakeholder) demand the information. I really like how Lending Club as a for-profit peer to peer lending platform has managed both borrowers and lenders expectations. They are a good role model to follow. Keep up the good work.