Stories From Smaller Nonprofits: Lendego

12/18/2009

Stars In the spirit of the season, to give back, Diva Marketing  is showcasing the stories of smaller nonprofits throughout December. It's my wish that together we can help raise their visibility, perhaps find a new volunteer or even encourage a donation or two. Because as Laura King Edwards, Taylor's Tale, says, "Nothing should stand in the way of a dream."  Also the nonprofits that are using social media have agreed to share their strategies.

The Lendego Story

Lendego Dennis_and_Julie_2008 Story is told by the founder Dennis Hodges who explains how he came up with his unique concept where people can directly help others. As Dennis learned some times fate steps in and changes your dream for the better.

Lendego is a 501(c)(3) nonprofit organization based in Atlanta, Ga. that helps meet the needs of others by connecting them with individuals wishing to give. Lendego empowers its donors to choose the individuals, families, groups or organization they want to help.

  • Powered by givers, Lendego positively impacts the lives of real people with real needs. With Lendego’s peer to peer giving platform, funds can be directed to specific individuals, families, groups or organizations in need.

I came up with the idea for Lendego, a nonprofit peer-to-peer lending organization, where individuals hoping to start a business could post their ideas and stories. Those interested could lend money to the individuals and then be repaid at a later date. Hence, the name Lendego. I created my business model, built the website and was ready to launch Lendego when the 2009 flood happened in Atlanta.

Watching the floods and hearing about all the victims so close to home had a very profound impact on me. The incident made me think about all of the individuals who were affected by the tragedies of life on a daily basis and how it was often extremely difficult, if not impossible for those individuals to receive financial help in their time of need.

In October of 2009, I converted my online lending platform to an online giving platform and Lendego, a nonprofit dedicated to peer-to-peer giving was born. Individuals or families struggling with difficult circumstances can contact Lendego for assistance. Recipients can post a need themselves or be submitted by a “sponsor” -- family members, a friend, church, employer or another nonprofit that is working to help meet the individual's need.

After the need is verified by Lendego staff, their story is posted at Lendego; where givers can browse all the needs and select those for which they wish to help. Givers can give the amount they choose to each recipient. Once the need is met, Lendego disburses the funds directly to the family or individual in need. 

Social Media Strategy

Lendego’s grass roots campaign is conducted via Facebook, Twitter and traditional public relations. Right now the organization is working on the Faces of Lendego, each month a different story will be told to the public making them the Face of Lendego. The goal of this campaign is to raise awareness of Lendego and to change the attitudes and perceptions behind peer-to-peer giving.

Lendego logo More About Lendego
Facebook

Twitter

Website

Donantion Link

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Comments

great blog! i enjoy reading each and every entry while i learn a lot as well.

i have to commend organizations such as Lendego. it would sure be nice for maximum exposure for their activities. i would like to share though that if they need to run an ad campaign at very minimal costs, they can check out Prova. they can get that exposure at the low price that they want.

Posted by: Barbara on Jan 2, 2010 12:01:56 AM

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