non-profit

Microlending platform Zidisha bypasses third parties to keep interest rates down for people in impoverished communities

According to the World Vision, one of the best ways to help people in developing countries is to facilitate access to self-employment and in turn, a secure future. However, for those who have not been lucky enough to get assistance from such charities, gaining access to a small loan to start a business is difficult. Microfinance was established to fill the gap left by traditional banks, for whom it wasn’t profitable to serve such a market.