Intermediaries vs Peer-to-Peer: A Study of Lenders’ Incentive on a Donation-based Crowdfunding Platform

• Main Authors: GE, Ling, Zhiling GUO, LUO, Xuechen
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2016
• Subjects: Crowdfunding; Intermediaries; Kiva; Peer-to-Peer; Lenders’ Incentive; Computer Sciences; Databases and Information Systems
• Online Access: https://ink.library.smu.edu.sg/sis_research/3428; https://ink.library.smu.edu.sg/context/sis_research/article/4429/viewcontent/IntermediariesvsPeer_to_Peer.pdf
• Institution: Singapore Management University

Donation-based crowdfunding platform Kiva seems to hold the promise of peer-to-peer lending with zero interest rate to help the poor. However, it is actually intermediated by microfinance institutions, which raise funds from Kiva lenders, disburse the funds to borrowers and collect high interest. La...