jkurnia

21 ms·

181.
by jkurnia 12y ago
Traditional microlending operations are expensive. For example, the average microfinance organization needs to charge borrowers 35% interest for capital borrowed at zero interest from Kiva.org, to cover its overhead costs. (Source: https:
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by jkurnia 12y ago
We don't at the moment, because our programming resources are limited and we have been prioritizing development of our lending platform. We will likely be able to make our data available in an API within a year. You can view the data u
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by jkurnia 12y ago
When we first open a lending program in a new country, a local volunteer or visiting international intern typically finds an initial group of borrowers by making presentations at NGOs, pitching Zidisha to local cybercafe owners, etc. After
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by jkurnia 12y ago
I'm Julia, the founder of Zidisha. I'd be happy to answer questions here.
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Is direct P2P microlending financially sustainable?(p2p-microlending-blog.zidisha.org)
45 points by jkurnia 12y ago|37 comments
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Zidisha (YC W14 nonprofit) invited to Global Accelerator at the United Nations(p2p-microlending-blog.zidisha.org)
2 points by jkurnia 12y ago|0 comments
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Virtual internships with Zidisha (YC W14, nonprofit) – P2P microlending(zidisha.org)
1 points by jkurnia 12y ago
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How to Overcome the Geographic Handicap(huffingtonpost.com)
3 points by jkurnia 12y ago|0 comments
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Finally A Crowdfunding Platform For The Forgotten Entrepreneurs(dutiee.com)
2 points by jkurnia 12y ago|0 comments
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Zidisha (YC W14 nonprofit): Bringing Transparency to Microloans(wirecash.com)
1 points by jkurnia 12y ago|0 comments
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Zidisha (YC W14 Nonprofit) P2P microlending virtual volunteering, internships(zidisha.org)
1 points by jkurnia 12y ago
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How Zidisha (YC W14) sidestepped banks and took microfinancing peer-to-peer(techrepublic.com)
2 points by jkurnia 12y ago|0 comments
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Grow a vibrant community of lenders for global P2P microlending(idealist.org)
1 points by jkurnia 12y ago
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Reddit co-founder offers free Zidisha lending credit via this link(reddit.com)
1 points by jkurnia 12y ago|0 comments
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by jkurnia 13y ago
"The microlending websites you mentioned have much higher repayment rates, so that there's a much smaller amount of portfolio actually at risk." There is a big difference between the repayment rates for ended, and portfolio a
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by jkurnia 13y ago
Thank you for responding here. I tried to post a response in your blog, but my comment was removed or not yet published.
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by jkurnia 13y ago
Thank you for letting me know. We'll aim to repair that as soon as possible.
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by jkurnia 13y ago
Thanks for this advice. I've edited my original comment to focus on the content of the article.
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by jkurnia 13y ago
I agree that the way we present information about rescheduled loans can be improved. We do not consider them to be in arrears, because at Zidisha borrowers have the flexibility to reschedule loans to repay either later or earlier than plan
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by jkurnia 13y ago
I would agree with these statements: Zidisha is a platform for philanthropy. We're optimized for giving disadvantaged entrepreneurs in the world's poorest places the chance to improve their lives, not for storing financial assets.
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by jkurnia 13y ago
Dear Modern Microcredit, I am surprised that you find Zidisha to be insufficiently transparent. Zidisha has room for improvement in many respects, but we've always considered transparency to be a strong point of our platform. We have m
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by jkurnia 13y ago
We do offer access to the data that makes up the graph depicting trends in on-time repayment rates at Zidisha: https://www.zidisha.org/index.php?p=114 It generates a simple table with the repayment performance of each of th
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by jkurnia 13y ago
It is true that 74% of loans whose final repayment due date has passed have been repaid. We expect the ultimate repayment rate of those loans will be higher than that, because many loans are repaid after their due dates. In addition, most
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by jkurnia 13y ago
We haven't investigated Balanced Payments specifically - thanks for the tip! We did experiment with offering ACH payments via a different service (Check Gateway) a couple years ago. We discontinued that, because the automated address a
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by jkurnia 13y ago
Prosper was one of many inspirations for Zidisha. The attorney that led Prosper's legalization deal with the SEC advises Zidisha pro bono.
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by jkurnia 13y ago
We do not charge any fee for withdrawals - we cover that cost ourselves so that lenders may withdraw their full balance at any time. We did request free payment processing for Zidisha, and have also asked Kiva to request the same deal for Z
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by jkurnia 13y ago
We don't currently offer a way to put small amounts into a Zidisha account without paying credit card / PayPal fees. That said, most of our lenders recycle their funds over multiple loans, rather than cashing out immediately when
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by jkurnia 13y ago
I'm Julia, the founder of Zidisha. I'd be happy to respond to comments and questions.
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How Can I Invest in Microfinance? Part 2: My Zidisha Experience(blog.microfinancetransparency.com)
41 points by jkurnia 13y ago|26 comments
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Zidisha (YC W14 nonprofit) P2P microlending internships(zidisha.org)
1 points by jkurnia 13y ago

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