Watch a very interesting MyC4 video

13 minute video (careful the video is >300 MB, requires fast internet connection) on MyC4. MyC4 facilitates peer to peer microloans to African entrepreneurs.

The video shows the situation in Uganda and many borrowers who talk about their plans. During an audience the founder gets praise by the wife of the president of Uganda for the concept.

Highly recommended viewing.

More Globefunder details

Globefunder is (still) announcing to launch its peer-to-peer lending service soon.

To keep you occupied reading while waiting, has gathered some tidbits of information on Globefunder (US launch):

  • Maximum loan amount will be 25000 US$
  • Minimum credit score for applying borrowers will be 640
  • Globefunder will use data of Experian, CSC and eDominate to screen borrowers