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Qifang is an open platform and online community with the singular purpose of giving everyone a way to pay for their education. Leveraging the latest in web and community technologies, Qifang efficiently brokers data and relationships through a transparent platform built on trust to connect and assist everyone involved in education finance. Qifang is committed to maximize social benefits through a sustainable business model.
In the early stage of development, Qifang mainly focus on helping poor students to solve the problems of higher education expenses and full repayment and then gradually guide them to touch more education financial services and make their own financial plans correctly to develop their careers healthily. After a further maturity, Qifang hopes to help every individual or group with their education-related need.
Currently, Qifang focuses on students at Chinese 3 or 4-year universities or colleges and post-graduate training programs and their tuition needs. Any Chinese undergraduate who has received an admission letter or valid student ID can post their needs at Qifang. Lenders are banks, companies, non-government organization, non-profit organizations, philanthropists and individuals seeking investment returns.In the future, and in strict adherence to relevant national laws and regulations, Qifang will support other education types and other education related expenses with funding from a broad array of sources.
Qifang is also an innovator in technology. Integrating international concepts and revolutionary ideas from the diverse worlds of microfinance, rural development, web 2.0, and online social networking with the unique local cultural, regulatory and market environment.
Qifang is based in Shanghai, China with an international team with diverse business and technology backgrounds driven in the pursuit of our common vision: education for all.
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