loan volume

 

50 million US$ Kiva loans

Kiva today has reached the milestone of 50 million US$, doubling the loan volume in the last 8 months. I have been lending on Kiva for nearly 2 years now and so far all of my borrowers have repaid me (unlike my MyC4 borrowers). Kiva is doing a very good job in keeping defaults low.
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P2P lending companies by loan volume

P2P lending is spreading internationally. While the biggest loan volumes are generated in the US market, many p2p lending websites have been established in other international markets.
The services can be divided in three categories:

p2p lending marketplaces (e.g. Prosper, Zopa, Lending Club, Smava) - participants driven mainly by economic motives
social lending services enabling micro financing (e.g. [...]

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Prosper in May Set a New Monthly Loan Origination Volume High Water Mark

(sql to produce statistics at the end of post) 
In May, Prosper originated more loan volume than in any previous month roughly 9.6M loans the vast majority were credit grades AA-C.  This is great news for Prosper on 2 fronts: total volume and loan quality. Here is the breakdown…

May 2008 Prosper Origiantions

Credit Grade
Loans
Amount
Amt / Loan
% total

AA
223
$2,003,970
$8,986
20.9%

A
225
$1,924,277
$8,552
20.0%

B
270
$2,084,555
$7,721
21.7%

C
388
$1,979,505
$5,102
20.6%

D
295
$1,202,235
$4,075
12.5%

E
82
$185,909
$2,267
1.9%

HR
120
$220,425
$1,837
2.3%

Total
1603
$9,600,876
$5,989

All [...]

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