Sentences with phrase «microfinance lender»

The model is similar to that employed by the microfinance lender Kiva.org, except that instead of aggregating funds to make loans directly to the specific people a lender chooses, COTAP aggregates funds to pay wages to people whose labor helps combat the challenge of climate change.

That sounds punchy for a microfinance lender that only became a bank three years ago.

Not exact matches

Old Kiva is: lender, Kiva, microfinance institution as the field partner, and then the borrower.

As a result, in May of 2016, OnDeck helped launch an initiative of the three largest online small business lenders, and a leading national non-profit microfinance trade association (the Association for Enterprise Opportunity (AEO)-RRB-, to produce a disclosure solution that would help standardize a common set of pricing metrics and make it easier for small business borrowers to assess their options.

Opportunity Fund is the largest nonprofit lender to small businesses in California and a national leader for the microfinance movement.

Kiva's lenders were actually backstopping microfinance institutions, and since Kiva and other online giving and lending models pride themselves on their transparency, Mr. Roodman and others suggested it might better explain what its lenders» money — about $ 100 million over four years — was really doing.

The collective result is the rise of non-traditional lending institutions such as Microfinance Institutions (MFI), Peer - to - peer (P2P) or Marketplace lenders or simply online lenders.

By recognizing these realities, Kiva and other microfinance organizations aspire to change the dynamics by utilizing the Internet to connect lenders to borrowers in the developing world.

United Prosperity consolidates the loan amounts from all online lenders and through a locally present Microfinance Institution (MFI).