Zidisha and P2P finance as a charity
- Borrowers need cash to start or improve their business
- Lenders can’t / don’t want to give away money but still care about the world
- Zidisha is an interest-free borrowing place
Ever wanted to dip your toes into lending, microcredit, and microloans or start investing in the developing world? Figuring out how much to give to charitable causes and how much to save might be difficult. Those two things were at odds. Until Kiva came into the picture.
Microfinance is an area of finance concentrated around people in poverty. It consists of microcredit – loans and other debt facilities, savings, and checking accounts, payment processing, and microinsurance.