My name is Shibu and I am raising funds for P2P Lending project for my friend,Peer-to-peer, or person-to-person,lending (“P2P lending”) is a type of crowdfunding that involves the facilitation of loan origination outside of the traditional consumer banking system by connecting borrowers directly with lenders, or investors, through an Internet platform.
P2P lending’s use of Internet platforms reduces costs by eliminating many operational expenses associated with traditional consumer bank loans, such as the cost of maintaining and staffing physical branches. Some cost savings are passed along to borrowers through lower interest rates than those offered by traditional banks.
I am an aspiring social worker and want to create this for the under privileged . I believe other than P2P lending “There is no other organized platform to invest in the poor….to help them change their life.” Please help me fulfill my dream by contributing towards my project or sharing this fundraiser with your friends and family! “These investments are not for maximizing returns. The idea is to see how life changes for a few with your support,”