Financial Empowerment with Lenddo

On October of 2010, during my first-ever stint as a speaker (naks!), I spoke about the need of businesses to be visible in social media.  Social Media is a wide landscape.  It includes blogs, microblogs, social networking sites, games, etc., etc., etc.  Let’s face it.  Social media now takes up a huge chunk of our daily lives.

As if the number of hours we spend on the internet is not enough, now enters Lenddo on the social media arena — the world’s first credit scoring platform that combines community-based microfinance techniques with social media profile data.

What is Lenddo?
Lenddo is an online website where users can engage their social networks to get access to low-interest loans and financial tips. Its mission is “to help members invest in themselves and their community.”

Lenddo funds loans for life-improvement purposes, including business,healthcare,education,professional training, and home repair.

How can you apply for a loan?
Applying for a loan is easy.

1. Join Lenddo.com and build trust connection. Fill out all your information; link your social networks; and invite your family, friends, and co-workers.
2.  Enter all your information. Fill out employment and financial information.
3. Click on the Loans tab on your dashboard.
4. Fill up the loan form.

Here’s a presentation to give you a better understanding:

How long does it take to process a loan?

Lendo’s commitment to its member is to process loan application within one (1) business day as long as the information provided is complete and correct.  Funds will then be deposited into a specified bank account which should be under the member’s name.