United Prosperity (organisation)

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United Prosperity
FoundedMay 2009; 14 years ago (2009-05)
FocusEconomic development
Area served

United Prosperity was a not-for-profit Web-based microcredit organisation.[1]

Unlike most microcredit or person-to-person lending organisations, United Prosperity did not directly lend to the micro-entrepreneur, but instead the micro-loans were used to provide a guarantee to a local bank, which lends to the micro-entrepreneur. Typically the local bank lent about twice the amount provided by the micro-lender's guarantee, thus providing greater leverage than traditional micro-credit.[2]

Another claimed benefit of this approach was that the micro-entrepreneur develops a relationship and, most importantly, a credit history with their local bank, enabling the micro-entrepreneur to become independent of the micro-lenders in the long term.[3]


A criticism of traditional microcredit models is that they can create a long-term dependency between the micro-lenders and the micro-entrepreneur as the micro-entrepreneur never builds a relationship with local banks.[4]

As of mid-2022, the unitedprosperity.org domain name was up for sale.[5]


  1. ^ Computer World, How technology built the microfinance industry, 9 March 2009, accessed 28 October 2009
  2. ^ The Daily Tell, Nonprofit Uses Social Guarantors to Support Strugging Entrepreneurs, 27 August 2009, accessed 25 October 2009
  3. ^ @alliance, World’s first person-to-person loan guarantee website enters the field, 22 June 2009, accessed 28 October 2009
  4. ^ Jason Meade, An Examination of the Microcredit Movement, accessed 28 October 2009
  5. ^ "unitedprosperity.org". Odys Global (domain reseller). Archived from the original on 16 May 2022.

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