Comments on: Wokai Launches Pilot Version of New Lending Platform

By: The Microfinance Conversation on Twitter | myKRO

The Microfinance Conversation on Twitter | myKRO — Mon, 01 Jun 2009 01:15:28 +0000

[...] Wilson – The CEO and co-founder of Wokai.org (a lending platform Jerry first covered in October) is a fairly active tweeter. I had the chance to meet her a couple weeks ago, and she’s [...]

By: Wokai NYC Launch Party - May 27th | myKRO

Wokai NYC Launch Party - May 27th | myKRO — Mon, 25 May 2009 17:17:11 +0000

[...] a microfinance event in your neck of the woods this coming Wednesday worth checking out. Wokai.org, which has been covered here on myKRO before, is doing a fundraising party to celebrate the launch of their New York [...]

By: Bhalchander Vishwanath

Bhalchander Vishwanath — Fri, 24 Oct 2008 16:23:24 +0000

Hi Jerry,

Thank you very much. We do not have any guarantors or entrepreneurs yet as we are not yet operational. A few of my team mates and myself will be happy to share our experience over the last one year on the mykro blog. Let me know how we could do that.
Cheers,
Bhalchander

By: Jerry Ostradicky

Jerry Ostradicky — Wed, 22 Oct 2008 21:32:12 +0000

Thank you Leslie and Bhalchander for your feedback. I will definitely take a look at both of the websites that you suggested, and will most likely make a follow up post.

In the meantime, if you know of anybody who uses the platfroms you suggested, either as donors, recipients, or employees, who would be interested in sharing their experiences on the mykro blog, please send them our way
Thanks

Jerry

By: Bhalchander Vishwanath

Bhalchander Vishwanath — Mon, 20 Oct 2008 21:42:38 +0000

Hi Jerry,

My name is Bhalchander Vishwanath. I am the founder and CEO of United Prosperity. We launched on October 9th. You could check our website http://www.unitedprosperity.org. With our model, the general public can guarantee loans on our website. With the guarantee model, $1 in guarantee translates to $2 to $5 in loan to entrepreneurs, thereby maximizing the impact for social guarantors.

Cheers

Bhalchander

By: Leslie Forman

Leslie Forman — Mon, 20 Oct 2008 07:56:29 +0000

Thanks Jerry for writing about our Pilot Program. This week we’re starting its second stage. I especially love reading the stories, from both the entrepreneurs and contributors.

Also, I recently attended a conference at Stanford where I met representatives from many different microfinance marketplaces. You might be particularly interested in RangDe (from India) as it is a microfinance lending platform by Indians for Indians. The full list of online giving marketplaces that attended this conference is here (scroll down to the middle) http://philanthropy.blogspot.com/2008/10/online-giving-marketplaces.html