Wokai.org launched today. Wokai allows contributers to aid small entrepreneurs in China through microfinance. A month ago I wrote a preview about Wokai.
Here is what founders Casey Wilson and Courtney McColgan wrote about launching:
Dear Friends,
We are delighted to report that Wokai.org is now live! Just two years ago, we were students in Beijing, dreaming about [...]

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Continue reading → Wokai launch

Californian non-profit United Prosperity developed a new twist to social lending - it is a peer to peer guarantee website. Instead of lending money directly and thus needing to transfer it internationally the “social guarantor” provides a cash collateral. This enables the small entrepreneur in the developing country to get a loan from a local [...]

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Continue reading → Unitedprosperity.org - guarantee a microloan to small entrepreneur in India

Maneo.jp today launched the first active p2p lending service in Japan. The service connects lenders (aged 20-65) and borrowers (aged 20-60). Maneo verifies the identity, credit grade and the income of potential borrowers (minimum annual income required is approx. 30,000 US$). Borrowers then create a loan listing and set a maximum interest rate. Lenders can [...]

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Continue reading → Maneo launch in Japan

This week the new social lending service Veecus.com launched. Veecus is a peer-to-peer microfinance network. It allows microentrepreneurs from all over the world to access funds to develop their projects. Lenders can select projects, invest and take part in economic development.
Microfinance institutions (MFIs) supply the loan listings and set the interest rates. Currently there are [...]

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Continue reading → Veecus launches peer to peer microfinance

Friendsclear.com has launched a french p2p lending service. Due to regulation issues it does differ very much from p2p lending services like Prosper or Zopa. Friendsclear only offers the tools for lenders and borrowers to agree on and document a loan and its payment. Friendsclear is not involved in the transfer of the money itself.
Director [...]

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Continue reading → Friendsclear launches in France

After the Loanio launch yesterday, already some more loan listings are up at Loanio.com. Right now I count 8 listings. Probably more are in the making. No bids yet, which is not surprising as the lenders have to sign up and transfer money to Loanio first.
Michael Solomon, the CEO and founder of Loanio had a [...]

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Continue reading → Loanio - more loan listings on first day

Last week I titled ‘Loanio Launch‘. That was a little premature (I was not the only one fooled by the site apparently going live - see Tom’s blog). Well today Loanio.com is really live. And there are 5 listings at the moment (see screenshot). For a list of features see the previous loanio coverage.

Netbanker has [...]

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Continue reading → Loanio launch II

Updated: Just after I wrote this, access to the Loanio website has been restricted again.
Finally! After more than a year of anticipation and announcements Loanio has entered the p2p lending stage. When I looked there were no loan listings yet, so let’s have a look on the concept in the meantime.
Borrowers
US residents with a VantageScore [...]

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Continue reading → Loanio launch!

I was just told by the Loanio CEO that barring any last second hangup to expect the launch of Loanio today.
I noticed that they have a blog too: Loanio Blog
Good luck Loanio, we have been looking forward to your launch for quite some time…

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Continue reading → Loanio Launch Coming Today (or tomorrow)

Welcome to the Loanio Blog. The final touches are being applied the the Loanio P2P Lending platform.  This blog will start in earnest at the official launch of Loanio.
Check back often.

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Continue reading → Hello world!

I have been having an ongoing email conversation with Michael Solomon the CEO of Loanio for quite some time… In fact, he originally bought advertising on this blog over a year ago. While still hesitant to give an exact date, he told me in no uncertain terms that Loanio is in the final [...]

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Continue reading → Loanio is Expecting Launch within Days

http://www.pertuitydirect.com/
Just recived the following email…
Welcome To Pertuity Direct
Welcome! Thanks for signing up to receive updates about the Pertuity Direct launch.
We have been hard at work for the last two years, building a social lending business that is targeted toward busy people that would like to enjoy the high investment returns and low loan [...]

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Continue reading → Pertuity Coming in September?

We would like to extend a very warm welcome to Zopa, which launched in the US this past week. The Zopa team did a great job with the new US site, which looks great and contains lots of informative content. Borrowers can apply for a loan at interest rates ranging from 8.75% to 16.99% and [...]

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Continue reading → Welcome, Zopa!