Need a Loan? Try

UPDATED 9/26/13

My husband and I are currently cooking up an online business which will fulfill my longtime dream. Although it’s an online business, it still requires a small amount of capital for some paper works and machines necessary to the business. As I was looking at our financial options, a friend suggested Lenddo wherein I can get a personal loan without the hullabaloo of bank loan application.

What is Lenddo? 

Lenddo is an online lending company that uses your social network connections as a measure of your credit score and paying capabilities. It was founded in 2011 by Jeff Stewart and Richard Eldridge. Other founders   include Chief Scientist, Dr. Naveen Agnihotri and Americas CEO, Dan Gertsacov. You do not need to pay anything to be able to register at Lenddo and qualify for a personal loan, educational loan or housing loan. Lenddo offers a 100% online application for cash loans in the Philippines and Colombia.

Loan Application Process at Lenddo

1. Register at

2. Enter the needed personal information such as email address, past and present employment.

Reena Alcantara Lenddo Account

3. Connect your Social Network accounts with your Lenddo account and invite your family and friends to become your TRUSTED NETWORK.

Trusted Network at Lenddo means people that can vouch for your credibility and at the same time, you can also vouch for theirs. The Trusted Network works both ways- you vouch for them and they vouch for you. Having said that, I’d like to make it clear that Lenddo does not allow peer-to-peer lending. Your network will only be  a there to act as guarantor and they will never know if you applied for a loan or how much.

Lenddo has their own investors to lend you the amount approved on your application.

Your Trusted Network should be diverse- from your family, co-worker and from another groups (church mate, neighbor, etc)

4. You must have at least 400 Lenddo score and 3 people on your Trusted Network who has at least 400 Lenddo score to be able to qualify for a loan application.

5. Lastly, you must be  currently employed  and  can provide a bank account under your name.

For more details on Lenddo and how to apply for a personal loan, please refer to their FAQ.

At first glance, I was skeptical of Lenddo. I wish they provided seals of protection on their homepage since they will be getting very personal information from me and I don’t know a thing about their reputation or previous dealings.

A review from past and successful loan applicants could be very helpful to increase my confidence too! 

So far I’m at 500 Lenddo score and awaiting my family and friends to accept my invitation for my Trusted Network and when they do, I will apply and see how things pan out. For now, please do let me know if you want to vouch for me so I can invite you to my Trusted Network.  🙂

Hello everyone,

I would like to say that I do not represent Lenddo. However, to answer your questions… I invited Lenddo representatives to look at this post and see if they can answer your queries.



  1. secret says:

    Its very hard to get a loan from them. even though you already explained the purpose of getting a loan, they will deny you and give a reason that was far from your expectation.

    • renzalcantara says:

      Hi Secret,

      Really? I didn\’t get to push through with it because they kept on sending \”updates\” on how much my buddy\’s loan was and how much he was paying, etc. It was really intrusive for me.

      But yes, I do know someone who got a loan- not a huge amount.

  2. pauline says:

    i am a lenndo member too but i still don't know what to do. i am not an emloyer but i have my own small online business wich is Accessories & Souvenirs made of Polymer clays. Lenndo sated that we members have to be a full time when it comes to employment. i try to fill out the forms for business loan for me to buy additional materials for my claying business but as i go further i saw that it requires SSS/GSIS , Tin etc. and i don't have any of them.. what should i do?
    i need help..

    btw. here is my yahoomail/ Lenndo account if you want to add me into your account :
    if you want to check out my online shop just visit :

    thank you and more power….;-)

  3. angel says:

    what if you vouch for ur friend and she wont be able to pay anymore, does lenndo have to run after me because i acted as a guarantor? i didn't even know who among friends got a loan… i just become one of her trusted network.

    • Renz Alcantara says:

      Hi Momsie_D,

      I can apply for a loan but I didn’t try it.
      A friend of mine tried it and I got turned off on how they broadcast your loan and your payment. All of your friends in your network will see them and I didn’t want that.


  4. prime says:

    It's really nice to know there's an easy way of cash loan through net access. I'm really interested for my kids college tuition fee.

  5. Arlan says:

    Hi guys,

    I have been a Lenddo member for 6 months now. I have applied P 5,000 dental loan and got approved. In fact, I have finished paying that loan and I have applied P 15,000 to buy a new desktop. I am just waiting for the final approval since I have already passed the pre-screening. 😀

  6. Renan says:

    kindly add me as well for lenddo and lets help each other build our connections. Im in need to help since my wife has complications with her pregnancy. my email is a new member needing help

  7. Ely says:

    wanted to try out lenndo too but I don't have friends in my network yet. also, parang lame ang binigay kong reason for loan. I said I just wanna try it out. lol. Add me up on your network: elyvalendez@gmail[dot]com

  8. nica grace says:

    Hi.. I’ve rwad about ut and I’m really interested but I don’t know how kc everytime I opened the website hndi ko mkita kung panu mg register.. pls teach me how..

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