Education microfinance service Vittana.org (see earlier coverage about Vittana) now enables lenders to relend directly. Lenders no longer need to go through Paypal for  every payment and repayment.

CEO Kushal Chakrabarti says: “Today, I have the honor of announcing that, as of last week, Vittana lenders had given over 200,000 US$ in loans to hundreds of young people who want to become engineers, policemen, biologists and much more.”