P2P Lending
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Is Bangladesh Trying to Take Over Grameen Bank? - NYTimes.com
Very strange things are happening in Bangladesh these days. There seems to be a multi-pronged assault on Grameen Bank and on Muhammad Yunus, who won a Nobel Peace Prize for his role pioneering microfinance. Kimimasa Mayama/Bloomberg News Muhammad Yunus, Nobel Peace Prize winner and founder of Grameen Bank, a microfinance institution that has recently come under attack in Bangladesh. The Bangladeshi press has lately been full of denunciations of Yunus. On Tuesday, for example, one Bangladeshi news organization quoted an economist as saying of him: “A lot about him is just myth.Today, The Big Money, an outlet we and many others respect, published a disappointingly inaccurate story about Prosper and the peer-to-peer lending industry. It’s unfortunate that the author’s data analysis and perspective relied almost entirely on a hodgepodge of anonymous sources. If higher reporting standards had been upheld, the reality that Prosper has shown great promise and performed well on a relative basis over the last three-years would have been self evident.
An Open Letter to The Big Money: Retract Your Story
With consumer credit still tight, peer-to-peer lending is on the rise.
The HBR List 2009 - Forget Citibank - Borrow from Bob - Harvard
Thoughts on p2p lending, risks and the future of the industry «
In times of business renewal and especially following times of crisis it becomes easy to develop simple homely answers to problems. Mark Gimien falls into two traps, namely, coming up with a simple explanation that summarises a diverse set of peer-to-peer lending players, and that of a few simplistic anecdotes designed to explain a complex situation. Person-to-person lending is much riskier than you’ve been told | The Big Money – Slate
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Three Big Innovation Myths (1/4)