Business Innovator: Lenddo, United States and Colombia from www.americasquarterly.org

Getting approval for a loan normally requires an extensive credit check to prove that the borrower is likely to pay it back. But in emerging markets across Latin America, even well-qualified, middle-class candidates often lack a credit history and bank accounts.

That is, until Lenddo burst onto the scene in 2011.

From the Site: www.americasquarterly.org