A Lender will help fund a loan for a Borrower. The Lender chooses how much money to lend to each Borrower of their choosing. With each loan payment, money is returned to the Lender's account to be lent again to another Borrower.
Borrowers are individuals with short-term financial needs that other traditional lending programs cannot fill. Working with a Sponsor, a Borrower makes a loan request for up to $600. Once the loan is funded, the Borrower will repay the loan with a term of up to one year.
Non-profit sponsors are community organizations that provide assistance and services to the Borrower. Familiar with the Borrower, the Non-profit sponsor determines need and ability of the Borrower to repay loan. Sponsors also work with the Borrower to help them make the loan request online.
Business sponsors are employers who help connect employees in need with becoming a Borrower. They also help foster philanthropic lending opportunities within their company by providing information and support to employees interested in becoming Lenders to the Axuda program.
Browse the list of loan requests. Borrowers are seeking funding for a variety of needs such as vehicle repairs, moving expenses, and education costs.
Choose any number of loan requests to fund with as little as $10. You choose how many loans to fund and how much you want to lend.
As the Borrower repays the interest-free loan, funds return to your Axuda account.
Use your loan repayments to lend to additional loan requests from Axuda Borrowers.
I want to thank Axuda for helping me when my car needed repairs and I was not able to afford it, the loan was very helpful. I got my car fixed. The payments were easy to make. Really grateful for Axuda!
On behalf of My Family and the help with your Sponsorship and Axuda I would like to thank you for kindly sponsoring my family in the time for need.
We truly appreciate your continuous support, it dramatically helped us develop and succeed in future endeavors. And the Axuda program made it affordable and flexible for me to payback without extra stress.
Without your involvement and generosity, My Family would not be able to aim high and reach our potential. Thank you again for your generous and continuous support.
I am so grateful that there exists a service that allows community members to support each other in times of need. Axuda loans was so helpful it allowed me the aid I needed to get through a very rough financial time in my life. By receiving the loan without interest, I was able to not stress over having to pay more money because I currently had none available.
Thank you Axuda!