a peer-to-peer microlending service that allows people to lend small amounts of money directly to entrepreneurs in developing countries.
Used in a Sentence
zidisha
Definition, parts of speech, synonyms, and sentence examples for zidisha.
Editorial note
Watsi and Zidisha are particularly enjoyable to donate through directly, because you choose a person you'd like to help.
Examples17
Definitions1
Parts of speech1
Quick take
a peer-to-peer microlending service that allows people to lend small amounts of money directly to entrepreneurs in developing countries.
Meaning at a glance
The clearest senses and uses of zidisha gathered in one view.
Definitions
Core meanings and parts of speech for zidisha.
N
a peer-to-peer microlending service that allows people to lend small amounts of money directly to entrepreneurs in developing countries.
Example sentences
Watsi and Zidisha are particularly enjoyable to donate through directly, because you choose a person you'd like to help.
Great to see innovators like Watsi and Zidisha (DonorsChoose, charity: water, etc) bringing that connection back!
We spend a lot of time on fraud protection, but the most frequent cause of default at Zidisha is simple financial hardship.
This reminds me of www.zidisha.org where you can make micro-loans to 3rd-world individuals.
It's a clever mechanism and I'd like to know more about how Zidisha uses facebook data to similar effect.
At Zidisha thus far, we're only using Facebook data to verify online identities of the applicants.
Clicking through on the article I ended up browsing through several of the projects on Zidisha and reading the founding story.
A few questions: * How much is Zidisha levered?
Bayes Impact (another YC nonprofit which connects data scientists to nonprofits) is developing a credit risk prediction algorithm for use in vetting Zidisha loan applicants.
Another interesting feature of Zidisha is the willingness of some of its clients in sub-Saharan Africa to participate in discussions on the site and volunteer to help advise borrowers and follow up unpaid debts.
Great to see organisations like Zidisha going through YC.
Does Zidisha view having the broken (obviously because its not their first language and this is not a criticism of the borrowers) English in the descriptions as a benefit over descriptions that have been edited to be more readable?
Quote examples
I thought this was the most interesting point: "As an outside agency, we can’t (and shouldn’t) make this decision for Zidisha.
"[B]orrowers in Kenya, for example, have a 10% annualized cost on Zidisha’s loans, compared to roughly 50% interest on typical microfinance loans in the country" Out of curiosity, is there's no differentiation in interest rate based on risk models?
Proper noun examples
Zidisha charges a flat 5% fee per year the loan is held (for example a $100 loan held for three months would cost $1.25).
Zidisha is the first service to take everything online and that's why the interest rate is substantially lower.
Bayes Impact brought data science expertise within our reach for the first time, and they've had a transformative impact on Zidisha.
Frequently asked questions
Short answers drawn from the clearest meanings and examples for this word.
How do you use zidisha in a sentence?
Watsi and Zidisha are particularly enjoyable to donate through directly, because you choose a person you'd like to help.
What does zidisha mean?
a peer-to-peer microlending service that allows people to lend small amounts of money directly to entrepreneurs in developing countries.
What part of speech is zidisha?
zidisha is commonly used as N.