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Zidisha

1 Disclosed Funding Rounds $120,000

0 Participating Investments


Micro Lending, Social Entrepreneurship, Non Profit, Financial Services, FinTech

Zidisha is a microlending community that directly connects lenders and borrowers through its platform.

Sterling, Virginia, United States, North America (US)

Organizations in Sterling in Micro Lending,
Organizations in Sterling in Social Entrepreneurship,
Organizations in Sterling in Non Profit,
Organizations in Sterling in Financial Services,
Organizations in Sterling in FinTech,
Organizations in Virginia in Micro Lending,
Organizations in Virginia in Social Entrepreneurship,
Organizations in Virginia in Non Profit,
Organizations in Virginia in Financial Services,
Organizations in Virginia in FinTech,
Organizations in United States in Micro Lending,
Organizations in United States in Social Entrepreneurship,
Organizations in United States in Non Profit,
Organizations in United States in Financial Services,
Organizations in United States in FinTech,
Organizations in North America in Micro Lending,
Organizations in North America in Social Entrepreneurship,
Organizations in North America in Non Profit,
Organizations in North America in Financial Services,
Organizations in North America in FinTech

Investors in Sterling in Micro Lending,
Investors in Sterling in Social Entrepreneurship,
Investors in Sterling in Non Profit,
Investors in Sterling in Financial Services,
Investors in Sterling in FinTech,
Investors in Virginia in Micro Lending,
Investors in Virginia in Social Entrepreneurship,
Investors in Virginia in Non Profit,
Investors in Virginia in Financial Services,
Investors in Virginia in FinTech,
Investors in United States in Micro Lending,
Investors in United States in Social Entrepreneurship,
Investors in United States in Non Profit,
Investors in United States in Financial Services,
Investors in United States in FinTech,
Investors in North America in Micro Lending,
Investors in North America in Social Entrepreneurship,
Investors in North America in Non Profit,
Investors in North America in Financial Services,
Investors in North America in FinTech

Southern US (0 Investors) (0 Startups), Washington DC Metro Area (0 Investors) (0 Startups), East Coast (0 Investors) (0 Startups)

Founded date 10, 2009

Founders Julia Kurnia

Operating Status Active

Funding Stage Seed

Last Funding Type Seed

Company Type For Profit


Facebook Link

Twitter Link

LinkedIN Link

Wikipedia Link

Zidisha is the only peer-to-peer lending service to connect individual lenders directly with microfinance borrowers in low-income countries. Zidisha is based on the conviction that small-scale entrepreneurs in developing countries are capable of interacting responsibly with peer-to-peer lenders via a self-regulating web platform, without needing local intermediaries to communicate and manage loan transactions on their behalf. Though there are other microlending websites that allow individuals to contribute funds toward microloans of their choice, all of them rely on local microfinance organizations to communicate with lenders, create loan applications and collect repayments. In these intermediated microlending platforms, the communication is all one way, so that the borrower is often unaware of the lenders who funded his or her loan. The average intermediary organization adds over 30% - sometimes as much as 100% - in fees and interest to loans raised through these websites to cover its own administrative expenses. Such high interest rates reduce borrowers' profits, sometimes to the point of making them poorer than they were before they received the loan. Unlike the postings on other microlending platforms, the loan applications and comments posted on Zidisha's loan pages are written by the borrowers themselves. This opens the way for dialogue between lenders and borrowers, so that lenders can receive answers to their inquiries about the loan and business directly from the entrepreneur they are funding. Eliminating unnecessary intermediaries also decreases cost of the loans. The average Zidisha borrower pays only about 8% (flat rate) in annual interest and fees, including interest paid out to lenders. This is far below the rates traditionally charged for microfinance loans in developing countries. Reducing interest costs allows the entrepreneurs to keep more of their profits, so that the loans have greater impact in reducing poverty.

Date Round Raised Lead
March, 25, 2014 Seed $120,000 -------

Zidisha Investors (1)

Investor Lead? Round Participating Raise Date Partners
Y Combinator No Seed $120,000 March, 25, 2014 -------