October 28th, 2008 — , Boober, Countries, Finansowo, Kiva, Kokos, Lending Club, Loanland, Microplace, Monetto, MyC4, P2P Lending, Prosper, Services, Smava, Zopa, loan volume, market, market share, moneyauction, peer to peer lending, social lending, virgin money from wiseclerk @ P2P-Banking.com
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. [...]
January 15th, 2008 — , Kiva, Lending Club, Microplace, News, Prosper.com, Zopa, loanio from RateLadder @ Rate Ladder
A couple of peer-to-peer (p2p) lending articles came out in major publications over the weekend… Enjoy…
The ChicagoTribue: Peer-to-peer lending helpful, but know rules
Sometimes you have to take matters into your own hands.
At least that’s the mind-set of individuals who lend and borrow money from each other online, known as peer-to-peer lending. In this virtual community [...]
January 13th, 2008 — Boober, Globefunder, Kiva, Microplace, MyC4, Prosper, Smava from wiseclerk @ P2P-Banking.com
2007 was a year of launch and growth for most players. What trends in peer to peer lending can be expected in 2008?
More competition and entering more national markets (probability 100%)In many markets multiple p2p lending services will compete for the attention of lenders and borrowers, especially in the largest market: In the United [...]
January 9th, 2008 — Kiva, Lendingclub, Microplace, MyC4, Prosper, Smava, Zopa from wiseclerk @ P2P-Banking.com
More and more p2p lending services are launching, each catering to different markets and different target audiences. Some derive more features from "ancestors" Prosper or Zopa, some less.
All follow the aim to allow lenders to directly lend money to borrowers without a bank acting as intermediary. This aim is sometimes not pursued strictly to the [...]
January 4th, 2008 — Editorial, Kiva, Lending Club, Microplace, Prosper, Zopa, goals from Jeff & Heather @ My Microfinance
We made a major decision yesterday as to what we are going to do on the P2P side this year. We have decided to go with only ONE P2P option in 2008, which will be Lending Club. We looked at the numbers and came to the conclusion that our investment dollars will get the most [...]
Related StoresJanuary 1st, 2008 — Kiva, Lending Club, Microplace, Update, Zopa, goals from Jeff & Heather @ My Microfinance
Here are our starting numbers for two of our P2P efforts as of end of day yesterday…
Loans- 66
Account Value- $1,653.57 (repayments have started)
2008 Goal- $10,000 in loans @ 10%+ return!
Loans Issued- 105
Historical Loan Value- $2,625
Current Default Rate- 0.00% (nice!)
2008 Goal- $5,000+ in loans!
The new year brings with it some exciting opportunities on the P2P lending [...]
January 1st, 2008 — , Globe Funder, Kiva, Lending Club, Microplace, Prosper.com, Zopa, goals, loanio from RateLadder @ Rate Ladder
Happy New Year! Here are my goals for 2008 with RateLadder and p2p lending.
Current
Expectation
Goal
Stretch Goal
2008 Year Ending Account Value Prosper
$11,519.59
$15,500
$16,000
$17,000
Prosper Quicken ROI
10.16%
6%
8%
10%
Prosper Lending Stats ROI
3.92%
4%
5%
6%
Prosper Eric’s CC ROI
8.42%
8%
9%
10%
2008 Year Ending Account Value Lending Club
$1,596.76
$3,000
$4,000
$5,000
Lending Club ROI
???
6%
8%
10%
Per Month New Money Added To All P2P Lending Accounts
$300
$500
$700
Average Unique Visitors Per Day
87.22
100
200
500
RSS Feed Readership
143
200
500
1000
I have a general p2p [...]
December 31st, 2007 — , Kiva, Lending Club, Microplace, Prosper.com, Site Review, Site Statistics, goals from RateLadder @ Rate Ladder
As my final planned post of 2007 I will be reviewing my goals and giving a grade.
Here were my 2007 RateLadder Goals.
Expectation
Goal
Stretch Goal
Actual
2007 Year Ending Account Value
$4,386.37
$5,062.84
$5,740.86
$11,519.59
Return on Investment (ROI)
10%
12%
14%
10.16%
New Reinvestment Loans
24
27
30
30+
Number of Defaults
2
0
4
Per Month New Money Added
$50
$100
$150
$582
New Money Source
100% Savings
75% Savings, 25% RateLadder.com
50% Savings, 50% RateLadder.com
50%+ RateLadder.com
Google PageRank
1
3
5
3
Average Unique Visitors Per Day
10
50
100
87.22
2007 Year Ending [...]
December 29th, 2007 — Kiva, Microplace from Jeff & Heather @ My Microfinance
This evening I found us locked out of our MicroPlace.com account due to a stuck keyboard key when attempting to log in. So the message prompted me to call MicroPlace… No one is in their office until Monday (maybe) which means I won’t be able to lend again until at least Monday.
Sooo… Where does that [...]
December 27th, 2007 — Boober, CommunityLend, Fairrates, Globefunder, Kiva, Lendingclub, Loanland, Microplace, MyC4, Prosper, Smava, Zopa from wiseclerk @ P2P-Banking.com
2007 was an exciting and eventful year in the development of peer to peer lending. Looking back these were the highlights:
February: Boober.nl launches the first p2p lending service in the Netherlands.Prosper.com raises required borrower credit score to 520 and introduces other major changes
March: Smava.de launches German p2p lending service
April: Fairrates.dk offers person to person lending in [...]
Continue reading → Review of peer to peer lending developments in 2007
November 27th, 2007 — Microplace from Jeff & Heather @ My Microfinance
Recently MicroPlace.com presented at a Silicon Valley Microfinance Network meeting. They detailed the flow and business plan for MicroPlace.com and how it could be yet another viable platform for people wanting to rid the world of poverty.
Check out the slideshows here!
We are hoping to purchase more investments from MicroPlace.com in 2008, however, we haven’t integrated [...]
November 13th, 2007 — Marketing, Microplace, US from wiseclerk @ P2P-Banking.com
I noticed prominently displayed Microplace ads on Technorati.com today. Not sure if it is really keyword-targeted or rather context targeted. When I did searches on Technorati on Globefunder or Kiva I was shown Microplace ads.
Technorati is an interesting choice for the campaign (if it runs only there - I did not check). Technorati is mainly [...]
October 24th, 2007 — Microplace, P2P Lending Forums from RateLadder @ Rate Ladder
MicroPlace, an Ebay company just launched. It is kinda like kiva.org, except that you invest in securities which pay interest (1%-3%) and the companies offering the notes handle the individual investments. So you are purchasing a pool of investments were the actual investments are made companies on the ground.
The sign up was painless and easy. [...]
October 24th, 2007 — Microplace, US from wiseclerk @ P2P-Banking.com
Under the slogan "Invest wisely. End poverty" the social lending service Microplace.com, an Ebay company, launched today.
The Mission of Microplace is:
MicroPlace’s mission is to help alleviate global poverty by enabling everyday people to make investments in the world’s working poor.
Our idea is simple.
Microfinance institutions around the world have discovered an effective way to help the world’s working [...]
Continue reading → Microplace launched today - invest to end poverty
October 19th, 2007 — Globe Funder, Kiva, Lending Club, Microplace, P2P Lending Forums, Prosper.com, Zopa, loanio from RateLadder @ Rate Ladder
What opinions do you guys have on how the sub-prime mortgage meltdown will affect peer to peer lending? I’ll confess I’m still spooked at the moment and working to draw down my balance at Prosper. From things I’ve been reading, it would appear that the worst is still yet to come, what with a large [...]
Related StoresAugust 30th, 2007 — Kiva, Microplace from p2plendingnews @ P2P Lending News
MicroPlace, a US-to-developing world P2P lending platform (somewhat like Kiva) is scheduled to launch some time this fall, possibly as early as September. MicroPlace will let Americans with as little as $100 make a low-interest loan to an entrepreneur in a developing nation through a microfinance institution. The big difference between MicroPlace and Kiva, which [...]
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