“There is no restricted zone for us, and our top priority is to cater for the needs of micro and small enterprises” said Peng Lei, CEO of Alibaba Finance, last week.
Zazma’s platform provides small business owners with more immediate, flexible financing options than traditional financial institutions and suppliers.
Editor’s Pick Kiva has partnered with youth non-profit Dosomething.org to fund loans for 25,000 female entrepreneurs around the world.
Guest Post If you think that participating in crowdfunding simply means investing in smaller companies that launch games and devices on Kickstarter, think again. With crowdfunding volumes reaching $2.7 billion in 2012, it has emerged as a viable, scalable alternative to public and private finance across the globe.
TripAdvisor and Kiva strike strategic partnership where TripAdvisor will offer $250K in loans on behalf of its community.
Lenddo, which helps people build credit with small loans and a social-based Klout-like scoring system, raised an $8 million first round of funding Tuesday.
Kiva, a site that enables person-to-person loans, has just added a new category of green loans to help borrowers move to cleaner and safer forms of energy, green agriculture, transport and recycling. Loans made through Kiva generally go to individuals or entrepreneurs in the developing world, but some do go to people in the U.S.
Kiva, the startup that made micro-finance a household term, announced today that it has landed a $5 million grant for the next three years from social impact investment firm Omidyar Network. The grant will match up to $2 million in loans transacted on the site during each of the next two years.
Lending Club, a network for lending by individuals to individuals, today announced that it has secured a third round of funding for $25 million. It has raised $53 million in total. The new round of funding will be used to further development of the peer-to-peer lending platform and new products for existing and new customers.