51Give

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51Give
Image:Logo51Give beta.gif
Type	Social Venture
Founded	October 2007
Headquarters	Beijing, China
Key people	Daniel Foa (Co-founder) Hiu Ng (Co-founder)
Industry	P2P loans for Microfinance
Website	www.51give.com

51Give (which means 'I want to give' in Chinese) is an organization that allows people to lend money via the Internet to small businesses in China.^[1] It is a social venture headquartered in Beijing

51Give's vision is to enable carbon-friendly microfinance development in China by providing microfinance-on-demand solutions.

51Give provides a revolutionary micro-finance platform with the next generation internet and mobile technologies, which connects individuals, international companies / institutions and local financial institutions.

1 How it works
2 Organization and team
3 Publicity
4 Statistics
5 See also
6 External links

[edit] How it works

You can join! Look how it works: the 51Give Microfinance Circle

Step 1: You would like to support microfinance by loaning or donation a certain amount of money. You can even get 51Give certificates for friends or maybe a company present. Or buy 51Give gadgets to support the 51Give foundation. Register(free off charge and without any obligations)on 51Give.

Step 2: There are different kinds of projects you could loan or donate to. With every project you can see how much money they already received and how much the projects still need.

Step 3: With your 51Give account you can select the project you would like to support and donate or lend your money to the project.

Step 4: At all times you can track the status of you donation or loan online. This way you can really see that with you're money progress is made every day.

Step 5: A loan should be paid back. In your account you can track which repayments have been done and how much of your total loan is already been paid back.

After repayment you can use the same money to help another person in the exact same way!

[edit] Organization and team

51Give was founded in October 2007 by Daniel Foa and Hiu Ng and is a registered Hong Kong Limited Company. 51Give Ltd. is a privately held international Microfinance Services, Entertainment and Technology company with offices in Beijing, China and Bangalore, India.

The head office is based in Beijing, China. 51Give especially wants to support carbon-friendly developments. Examples of carbon-friendly are green loans. Green loans are loans to businesses that take the environment in account or even focus directly on contributing to better use or protecting of the environment.