Peer Lending
What is Peer Lending?
Also known as a micro-lending group. In different communities, peer lending can be used by people who don’t have access to traditional bank loans.
All the members contribute an equal amount during a set time and then each round a portion can be lent out to a participant.
Likewise the money can also be used for community improvement efforts like buying land, solar-panels, making and maintaining community gardens.
The funds can be used in starting a businesses, providing bail and burial money, building funds, rehabilitating homes and funding repairs.
When contributing you can write in a request of which program you want the money to be allocated. You have a direct say in what happens with your money, which you don’t get with conventional banking systems.
How does it benefit me?
How do I get started?
You can contribute through our donate button below or in the menu and there you will find more information to get you directly involved in programs that are benefiting the community.