Peer-to-Peer Microfinance

27 December 2006 at 10:15 am 1 comment

| Peter Klein |

US company prosper.com, and its UK predecessor Zopa, match small borrowers and lenders — no collateral or credit check required — just as eBay matches small sellers and buyers. Given the hype surrounding both peer-to-peer models and microfinance (despite some qualms), it was just a matter of time.

Entry filed under: - Klein -, Institutions. Tags: .

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1 Comment Add your own

  • 1. Brian Mullally  |  23 May 2007 at 7:58 pm

    While Prosper.com caters mainly to the US market, there’s another site called GlobeFunder.com which caters to the global crowd, especially those living in the third world.

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