Company Overview

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Status:
Acquired by eBay
Founded:
January, 2007
Founders:
Tracey Petengill Turner
Employees:
15
Headquarters:
San Francisco, CA
Categories:
Curated Web
Description:
MicroPlace is a social business offering microfinance loans via internet and PayPal to retail investors.

Detailed Description

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MicroPlace is a social business owned by eBay. It focuses on microfinance loans sent via the internet, utilizing PayPal, allowing users to choose specific lending clients and businesses and loan them money over a designated period of time. Unlike competitor Kiva, investments are returned to the lendee with interest.

Microplace's stated mission is to alleviate global poverty by offering investments that enable loans to hardworking poor people.

Current Team (4)

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Past Team (3)

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Offices/Locations (1)

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  • Office

    San Francisco, CA

    USA

Competitors (6)

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  • D414b7ba4304081918cf323d40fa75e6

    MicroGiving

    MicroGiving is a direct online person-to-person lending model helping individuals with immediate...
  • 203de6753c13257ce47dc1d0428449f1

    DonorsChoose.org

    DonorsChoose.org is an online charity that provides an option for people to donate directly for...
  • 8857c38ffd7d0c6b526c1f52ec09eaa3

    Lending Club

    Lending Club is the nation’s leading online credit marketplace. We're using technology to...
  • 819665a750cb088a1043a3ad5e357ac7

    Prosper

    Prosper is a peer-to-peer lending marketplace, allowing people to invest in each other...
  • 66a5eaf73688df9ea7a55d99f3ea4751

    Zopa

    Zopa offers peer-to-peer loans with low rates, flexible terms, and no early repayment fees.
  • D9e167a3e734769c5141cb19cae40297

    Kiva

    Kiva is a peer-to-peer micro-lending site that allows low-income entrepreneurs in developing...

Images (1)

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  • 753ff8237369ba844f0801e7803fe5c9