51Give

Infobox Company
company_name = 51Give
company_
company_type = Social Venture
foundation = October 2007
location = Beijing, China
key_people =

Daniel Foa (Co-founder)

Hiu Ng (Co-founder)

industry = P2P loans for Microfinance
homepage = [http://www.51give.com/ www.51give.com]

51Give (which means 'I want to give' in Chinese) is an organization that allows people to lend money via the Internet to individuals and small businesses in China. It is a social venture headquartered in Beijing.

51Give provides a revolutionary carbon-friendly micro-finance platform with the next generation internet and mobile technologies, which connects individuals, international companies / institutions and local financial institutions.

51Give partnered with Camco, Postcom, and the Austrian embassy in Beijing to create 51SIM a Corporate Social Responsibility alliance also based in Beijing.

51SIM took an active part in the China International Youth Arts Week, which was held in the first week of July 2008. 51SIM helped to organize a special production of the Closing Ceremony for the festival. The ceremony, hosted by 51SIM, CICCC and CCTV 4 was filmed at the Great Hall of the People to an audience of 6,000 guests. The show’s environmental theme was endorsed by famous Asian rockstar and 51SIM’s Goodwill Ambassador Qi Qin (Chyi Chin) who has worked on environmental awareness programs in China with the United Nations since 2003, and the internationally acclaimed and award winning Chinese film actress and singer Zhou Xun, who is also the first United Nations Development Programme Goodwill Ambassador for China.

How it works

Step 1:Register on [http://www.51give.com/publicpages/register.php 51Give] . From there you can support microfinance by loaning or donating, get 51Give certificates for friends, or buy merchandise to support the 51Give foundation.

Step 2:Consider a project you would like to support. Each project has a description page, and also a meter showing how much funding it has already received.

Step 3:Select the project you would like to support and donate or lend to that project.

Step 4:Track the status of your loan or donation online. This way you can see exactly what happens to your money throughout the process.

Step 5:Loans get paid back. In your account you can track which repayments have been made. "'After loans have been repaid, use the same money to help another person in the exact same way! "'

Organization and team

51Give was founded in October 2007 by Daniel Foa and Hiu Ng and is a registered Hong Kong Limited Company. 51Give Ltd. is a privately held international Microfinance Services, Entertainment and Technology company with offices in Beijing, China and Bangalore, India.

51Give especially wants to support carbon-friendly developments, such as green loans. Green loans are loans to businesses that take the environment in account or even focus directly on contributing to better use or protecting of the environment.

Publicity

* [http://www.ovalchina.org/zbxe/?document_srl=2949&mid=News Oval China Microfinance Competition] 51Give was invited to give a lecture about microfinance at the prestigious Tsinghua University.
* [http://www.xigi.net/index.php?en=1001873 Xigi about 51Give] * [http://www.tradevibes.com/company/profile/1113 Tradevibes 51Give profile] * [http://www.crunchbase.com/company/51-give Crunchbase 51Give profile] * [http://www.facebook.com/group.php?gid=6822786724 China Microfinance Group on facebook]

* [https://www.greatwalktobeijing.com/store/walker/item/783/7953/hiu-ng.html Great Walk to Beijing] 51Give helped Support Olivia Newton-John and her Great Walk to Beijing to raise money for a Cancer Wellness Center in Australia.

* [http://www.socialedge.org/blogs/from-tribeca-to-tanzania Socialedge] Mentioned in article: "We are also seeing exciting developments of online platforms to raise capital for microfinance institutions and micro-business owners such as Microplace, Kiva and 51Give in China."

* [http://www.bmeia.gv.at/kultur/peking/aktivitaeten/veranstaltungskalender/2008/51-sim-festival-social-innovation-and-music-festival.html Austrian Embassy reference] Reference on the official Austrian Embassy website showing the Austrian Embassy and 51Give for sponsoring 51sim. (Link in German)

* [www.in-en.com/article/html/energy_1609160987221406.html In-En Chinese reference] Reference to carbon offsetting in collaboration with Camco International (in chinese)

* [http://www.socogame.com/cn/showxx.asp?id=8 Socogame reference to CSR work] (in chinese)

tatistics

http://www.alexa.com/data/details/traffic_details/51give.com

ee also

* Microcredit
* Social entrepreneurship

External links

* [http://www.51give.com 51Give]
* [http://blog.51give.com 51Give Blog]
* [http://www.microfinanceforum.org/ World Microfinance Forum]
* [http://www.chinamfi.net/en/index.asp China Association of Microfinance]
* [http://www.51sim.org 51Sim Festival]
* [http://www.microfinancegateway.com Microfinance Gateway]