SOURCE: IO News Wire

IO News Wire

March 03, 2010 21:00 ET

(OTCBB: WKLI) Expands on Nobel Prize Winning Business Model

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - March 3, 2010) -  WikiLoan Inc. (OTCBB: WKLI) is a website that provides tools for person-to-person (P2P) borrowing and lending.

Microfinance has been pushed to the forefront of news by TIME Magazine after the success of Grameen Bank in Bangladesh, along with Richard Branson of Virgin and Pierre Omidyar, founder of Ebay, investing in the sector; all of which have seen the value in bringing finance to a market that traditional lending ignores.

WikiLoan has taken it to the next level by bringing microfinance to the Social Media platform. By matching borrowers with lenders and managing the documentation, escrow services and ACH Payments, WikiLoan cuts out having to deal with commercial lending institutions.

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Other active stocks are Wells Fargo and Company (NYSE: WFC), Fiserv, Inc. (NASDAQ: FISV) and Cascadia Investments (PINKSHEETS: CDIV).

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