julia kurnia - zidisha - the next generation of innovations: a medley of products, services &...
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The Next Generation of Innovations: A Medley of Products, Services & Programs Paving the Way in Microfinance 17th Microcredit Summit 2014 SummitTRANSCRIPT
#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, [email protected]