What are Lending Circles?

Simply put, Lending Circles transforms a common practice - lending and borrowing money with friends and family - into a powerful, credit-building activity.

As an overview, Lending Circles:

  • Are zero-interest social loans in which people come together to loan money with each other
  • Help people save money while building credit
  • Include free, online financial education modules for participants
  • Are based on the traditional practice of informal lending circles around the world known as tandas, susus, cundinas, paluwagan, and many other names

 

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