DripFin

DripFin means Drip Finance ala Drip Irrigation (i.e. small scientific value added productive measures)

Archive for P2P

DhanaX Launched !!

Siva, a self motivated entrepreneur launched www.dhanax.com. A Online P2P lending aimed at income borrowers.

dhanaX(http://dhanax.com ) provides a stable platform through which individuals can directly lend to low income borrowers with the help of partner organizations. dhanaX thus effectively connects willing lenders with credible borrowers in need of credit to start their businesses.

dhanaX Web Technologies Pvt. Ltd., headquartered in Bangalore, is an innovative social lending enterprise. At dhanaX, the objective is to provide easy access to credit for the enterprising but underprivileged borrower and a profitable investment opportunity for the social lender. Founded by a team of highly dedicated individuals with relevant experience in financial services, management and technology, dhanaX envisions to create a stronger society by paving the way for an economic revolution driven by the community.

The power of microfinance to transform lives is what motivates and drives dhanaX in the endeavour. dhanaX draws inspiration from the entrepreneurial spirit of thousands of small farmers, underprivileged women and small business owners across the globe. In India, close to 70% of the population is dependant on micro-enterprises, small-scale farming and other small non-farming undertakings for a livelihood. Access to cheaper and quicker credit is vital for such entrepreneurs to power their enterprises. dhanaX aims at fulfilling just such a requirement supported by individuals who believe in investing in society they live in.

With research establishing that micro loans boast a 95% repayment rate worldwide, investors have every reason to consider social lending as an attractive investment vehicle. Empowering the community around you can be a rewarding experience. Not just emotionally but financially too. And dhanaX aims to prove just that.