I’ve been a Prosper lender since October of last year and in January I started lending on Kiva as well but my online lending trifecta wont be complete until I can gamble on human hope using Zopa. Zopa is an online market place for lending to other folks much like Prosper in reverse. I’ve been anxiously awaiting the coming of Zopa but despite all the funding noise and media attention they havent made it to the US.
Well that may be about to change. According to an email they sent out this morning they are getting ready to launch, not just in the California as they originally stated, but nationally. With Zopa I’ll be able to loan money for as little as 6 months and further diversity my portfolio of person to person loans. From purely social lending on Kiva to the modestly social lending on Prosper and wholly economic lending on Zopa, I am becoming a banking institution $100 at a time.