Sapling

Sapling is a market-led solution to solving poverty. We believe lenders should make a fair return. To date Sapling loans have had 0% defaults.Loans are protected by a tranche of first loss capital. Sapling’s first Lending Pool lends at 5% a month, half the price of other options. The community Pool Manager puts first loss capital into the pool, makes lending decisions, conducts underwriting and takes collateral (mainly land). Lenders are offered a projected APY of 25-30% with the multiple protections of the Pool Manager’s interest spread, first loss capital and Borrower collateral.