Peer Lending and Microlending has recently risen as a clear alternative and complement to traditional bank loans. Lending Club eliminates the high cost and complexity of the current banking system, providing borrowers with loans at more attractive rates while offering investors an opportunity for better returns. Kiva empowers individuals to lend directly to unique entrepreneurs around the globe for the sake of alleviating poverty.
Questions Answered:
What is Microfinance?
What is P2P Lending?
What other kinds of "crowdfunding" are available today?
What are the companies and sites that currently facilitate microlending and p2p lending in the US? the world?
How does Kiva work / operate?
How does Lending Club work / operate?
How much money has been issued in loans via Kiva and Lending Club?
How do Kiva's and Lending Club's default rates compare to those of banks or credit cards?
What is the regulatory framework for crowdsourcing ideas to be established?
Where is the space evolving?
Level:
Intermediate
Category:
Branding / Marketing / Publicity, Business / Entrepreneurial / Monetization, Community / Online Community, New Technology / Next Generation, Social Networking