CommunityLend has officially launched.

More on this from me tomorrow evening (Tuesday).

CommunityLend Indeed to Launch Sometime

Microlending is, in a nutshell, the lending of very small amounts.

Microlending and Microlending are both forms of Microfinance ;)

Personally, I don't restrict this to mean that the borrower is receiving a small amount, but the source of their loans is many parties.

For example:

Plenty of people look at Prosper.com, Zopa and now Communitylend and say:

Basically, the government tries to protect you from doing what you want, because in theory, that could be bad, but in reality, probably isn't. Don't take any of this as legal advice!

CommunityLend Launching Soon? Maybe!

This is a huge sneek-peek at Communitylend's future plans of operations.

K, Just a few interesting stories from P2P-Lending:

Interesting CommunityLend Blog Discussions

A bit slow on the Canadian P2P Front, but here's an update with what I've found & been following.

I just wanted to send out a request for anyone with funds in their accounts or perhaps active loans/borrows on IOU Central to please comment here with how everything is going.

Well, looks like it has launched at http://www.ivorexinc.com. Looks like it is the clone site that I was talking about. Not even all of the aspects of IOU Central have been changed, such as references and the Youtube video.

Alrighty, so a couple of changes in the past 24 hours,

Take a looksie: http://blog.communitylend.com/

A couple photos at their Flickr page.

I'll post more tomorrow, time for sleep now.

I'm not sure if they did a small update to their site or not (for some reason, things look a bit updated to me, but I still don't see a board of advisors posted), but here is a funny quote from their borrow site: