The first open network to solve trillion-dollar credit gaps.
Stay up to date on our progress
Trillion-dollar lending gap
Small businesses and informal sector borrowers struggle to get credit from formal lenders. Globally this has led to a multi-trillion-dollar lending gap.
Why? It’s a catch-22. Many borrowers simply can’t get a loan without a track record of their creditworthiness from an institutional lender. But they lack the documentation to obtain such a loan in the first place.
Lack of documentation
No credit histories and limited paperwork
Lender procedures too burdensome for small borrowers
Too costly for lenders to assess risks
Borrowers turn to friends and family—or worse, local lenders with onerous terms
Opening up global lending markets
LendLedger unlocks data on informal and small business borrowers, making it viable for lenders to offer trillions in loans to these untapped segments.
Each party controls the transfer of their encrypted data, eliminating the risks of a centralized intermediary
Connects lenders, data providers, and borrowers in one reputation-building ecosystem
Every transfer across the network is publicly logged to a blockchain, an immutable ledger
Based on an open protocol and blockchain technology, LendLedger connects data providers, lenders, and borrowers for secure, transparent, cost-effective, and innovative interactions.
LendLedger is changing the face of lending for unserved segments. Our software for data providers and lenders has processed tens of millions of dollars in loan requests for hundreds of thousands of borrowers and resulted in loans to informal and small business borrowers in 400 cities across India. Get in touch as we open up new markets across the world.
Copyright © 2018 LendLedger