Videos on the p2p lending services
Watch the following video explaining why a Google.org initiative has commited 10.1 million US$ to fuel the growth of small and medium sized enterprises in developing countries. With a focus on India and East Africa Google aims to:
While you cannot lend as an individual in this Google initiative, have a look at Kiva, MyC4 or Microplace which have similar aims.
Kiva.org send a newsletter to lenders yesterday with current numbers:
Kiva has grown a widespread group of supporters, ranging from Kiva Fellows over company supporters to a lively community discussing at Kiva Friends or contributing at Kivapedia.
KivaTV is showing a mix of promotional, educational and informational video clips.
Kiva still maintains a low default rate, which currently is 0.2%. The 20 Kiva loans I myself have invested in are all repaying on time.
13 minute video (careful the video is >300 MB, requires fast internet connection) on MyC4. MyC4 facilitates peer to peer microloans to African entrepreneurs.
The video shows the situation in Uganda and many borrowers who talk about their plans. During an audience the founder gets praise by the wife of the president of Uganda for the concept.
Highly recommended viewing.
Intruders TV did a long interview with James Alexander of Zopa.com covering the development of Zopa, regulation, market approach, lender and borrower advantages, the competition and other topics. The video starts of with polling passers-by on the street whether they heard of Zopa and would use peer-to-peer lending themselves.
(Source: Intruders.tv)
P.S.: Noticed the bulletpoint on the whiteboard "Sell loan on phone".
Video on the Globefunder.com business model.
Part 1:
Part 2:
Globefunder team says it is aiming for millions of loans requiring full scalability of system.