Sunday

Microfinance is broken and plagued with usury. High interest rates may be great for banks and yield chasing investors, but they are an unsustainable burden for bootstrapping entrepreneurs around the world.

It doesn't need to be like this.

I believe finance isn’t just helpful, but a force to end poverty and an opportunity to serve.

Sunday is a global microfinance initiative. We lend money, but we are not a bank or traditional lender for several reasons. First, we don’t charge interest. Second, our loans are donations. We call our donations “loans” and we ask borrowers to respect them as loans. Third, borrower repayments are donations too. Fourth, we allow late payments, flexible payments, and defaults without financial or legal penalties. Fifth, we are a volunteer driven organization.

My Story

In 2013, I felt a void in my banking career. I was doing well helping wealthy clients, but I wasn't making a difference. So I joined a nonprofit organization named Kiva and lent a small sum to a 33 year old mother and small business owner in the Philippines. Her name was Marlyn. In the years following, I did this many times over.

Then in 2020 during the first COVID lockdown in Thailand, I had a deju experience. I wanted to do more, but radically different and better and without the usury that plagues the microfinance industry. That vision and seed of an idea grew into Sunday with the generous help of friends, family, colleagues, and many other good people.