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aaquib mahfooz
Being innovativeย โขย 1y
i have idea of creating an online platform that connects lenders directly with borrowers is similar to peer-to-peer lending (P2P lending). P2P lending has become popular in recent years as an alternative to traditional banking and NBFC loans. To make this business idea successful, we will need to create a user-friendly platform that is secure and trustworthy. we will also need to develop a system to verify the identity and creditworthiness of borrowers, as well as assess the risk of each loan. One way to differentiate our platform from other P2P lending sites is to focus on a specific niche, such as small business loans or loans for people with poor credit. By catering to a specific market, we can offer more personalized services and attract borrowers who may have difficulty obtaining loans through traditional channels. To generate revenue, we can charge lenders a small fee for each loan, or take a percentage of the interest rate charged to borrowers
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