Wokai was founded in March 2007 by Casey Wilson and Courtney McColgan after meetingthey whilemet studying at Tsinghua University in Beijing.<ref name="Newsweek">[http://blog.newsweek.com/blogs/chinacalling/archive/2009/04/01/facebook-for-china-s-farmers.aspx China Calling : Facebook for China's Farmers]</ref> As of November 2010, itWokai has a staffleadership team of 85, a Board of Directors and maintainsan Investment Committee in addition to its 11 chapters of local volunteer representatives in Beijing, Boston, Hong Kong, Los Angeles, Nanjing, New York, San Francisco, Seattle, Shanghai, Toronto and Washington, D.C. (with upcoming chapters in Atlanta, Brussels, Chicago, Dallas, Kunming, London, Singapore, Taipei and Vancouver)<ref name="Team">[http://www.wokai.org/f/about/index.php?page=team "Team" on Wokai.org]</ref>. andWokai also maintains a fellowship program called "Wokai Fellows", which allows selected individuals to work directly with one of Wokai's field partners in rural China. Wokai has raised almost $380,000 in loan capital through over 6,800 contributions from 46 countries in order to distribute 504 loans.<ref>[http://www.wokai.org/ "Home" on Wokai.org]</ref> As of November, 2010, Wokai is still the only online, P2P microfinance platform servicing rural China.
