modernmicro

3 ms·

1. 1.▲
   by modernmicro 13y ago

   I noticed you just removed your Portfolio At Risk statistics completely (unless it was moved elsewhere)? https://www.zidisha.org/index.php?p=43 The statistics page was also changed to only show lending statistics for loans
2. 2.▲
   by modernmicro 13y ago

   I noticed that you tend to respond to perceived criticism by attacking your fellow microlenders, rather than addressing the issues raised. The thing is, you have a lot of angry lenders who feel misled by your marketing. After using your sit
3. 3.▲
   by modernmicro 13y ago

   "Our credit risk control mechanisms have improved dramatically since that time, such that I think it's reasonable to expect that the value of lending funds can be maintained over time without erosion for the loans that are being i
4. 4.▲
   by modernmicro 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: * Kiva: 98.95% repayment [1] * United Prosperity: 97.8% repayment [2] * Vittana: 95%+ [3] *
5. 5.▲
   by modernmicro 13y ago

   I'm a long-time observer of microfinance who is an active participant in most of the lending/crowdfunding platforms out there, including yours. I'm also a hacker, and am excited about the way that tech is being used in microf
6. 6.▲
   How Zidisha Hides Its 20% Loss Rate From Lenders – And Why It Matters(modernmicrocredit.blogspot.com)

   17 points by modernmicro 13y ago|22 comments