julia kurnia - zidisha - the next generation of innovations: a medley of products, services &...

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

zidisha.org

P2P lending across the international wealth divide

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

Zidisha is direct P2P

Lender Entrepreneur

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

$2.2million

7700 loans

What we’ve done so far

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

Trends in repayment performance over time

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

Lessons learned• Incentivize referrals from existing borrowers• Small starting loan sizes• Small, frequent repayment installments • Tie credit limit increases to strict repayment

performance standards• Rescheduling policy that balances flexibility

and rigor• Give borrower volunteers a central role - but

not too much power

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

zidisha.org

Julia Kurnia, Directorjulia@zidisha.org