Lenddo is the world's first online community that empowers members to use their online social networks to prove trustworthiness and access financial services. They recently launched a fun Facebook game to promote the awareness of how important trusted communities are and make people think about these connections.
Lenddo’s Friend-O-Meter asks players to rank their friends trustworthiness against a range of simple questions, such as “Who would you trust most to look after your pet whilst you go on vacation”.
For each question that someone votes on, the player is entered into a Raffle where they can win a Grand prizes of a MacBook Air, a 32-inch LCD TV and a digital camera and weekly prizes of iPod Shuffles.
According to Lenddo co-founder and CEO for Asia Pacific, Richard Eldridge,
“We are trying to find new fun and engaging ways to educate Filipino’s about the importance of Creditworthiness. In the past, it was done face to face in the local barangays but now so many people are online, their online family, friends and co-workers are acting in the same way”Erika Aquino, community development director of Lenddo explains,
“Since we started in 2011, tens of thousands of Filipinos have vouched for their family and friends on lenddo.com.ph and allowed them access to life improving loans. We feel it is critical that all Filipinos understand how important these relationships can be for their future.”Lenddo currently providing loans to members in Colombia and the Philippines.
About Lenddo
Lenddo's is a little different from traditional credit provider, They're the world’s first online platform that empowers the emerging middle class to use their online social connections to build their creditworthiness and access local financial services.
What's cool about it is that Lenddo’s community members can use their reputation on social networks such as Facebook, Linkedin and Twitter to obtain life improving loans, to use for education to healthcare to home improvement. Basically, Lenddo issues loan for life improvement purposes only. They can also process loan in 1 business day if all requirements are met.
Watch this video to learn more about Lenddo or visit their page at www.facebook.com/Lenddo.