Membership by invites only. Need to have at least $5000 to be a lender. Email info@diasporanbank.com

A win-win platform that takes out the hoarding banks who act as middlemen

AS A LENDER,

You get to put money(with a group or yourself) to good use by helping others achieve their dreams while making a lot more money from interest.

AS A BORROWER,

You get readily available loans from familiar faces or groups, at a better interest rate than the banks.

The African diaspora is a force to be reckoned with, sending 45 billions to sub-saharan Africa in 2021 according to the world bank.

Our mission is to improve on that by making things easier. Giving you an option of uplifting people home and abroad while making money . Or let your money seat in the bank with pennies on returns, while the bank loans it for crazy profits.  or again put it in the stock market (where 10% owns 90%). The option is yours.

We strongly encourage every lender to get a collateral for every loan for now. While we hope to be able to guarantee loans using our social credit reviews in about a years as we get more data. 

So for example, if a user needs a loan for a house, you get the land tittle and house paper in your name until your loan and interest have been fully paid off.  We can  facilitate the transaction for a 1% if needed.

Estimator

Features of the investment groups

PRIVACY OPTIONS

You can start a hidden group which does not appear on the site, and only you can invite members; Or a private group with just close friends on the same mission. you decide who gets to join the group; Or a Public group open to all like-minded people.

DECISIONS BY VOTE

Make group decisions like how much to raise by each member or approval on who to loan the groups money to by running a poll. Even day to day decisions on how the group should run. You can even vote admins or group rules.

GROUP DOCUMENTS

Investment groups can use the group Doc to setup their own group rules and plans. So every new member can get an idea of what the group is about just by reading the group doc.
Form funding groups with bigger investment power and smaller risk.

Give loans directly

In a Group

©2024 DiasporanBank Connecting and empowering Africans and the world Financially

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