Back
Daya Juwatkar
Founder at Mridakran... • 5m
Transforming Informal Lending & Business Payments – Le’udhaar (Bindasss de udhaar!) I’m working on Le’udhaar, a peer-to-peer lending platform designed to make informal lending and business payments seamless through auto-debits. Whether lending to friends or managing payments for businesses, Le’udhaar ensures timely repayments without manual follow-ups. *Why It Matters:* $200 billion+ is lent informally in India every year. 40% of MSME lending happens outside traditional finance. No structured solutions exist for managing repayments in these transactions. *Key Features:* ✅ Auto-debit from borrower accounts – Ensures timely payments without hassle. ✅ DRA-certified recovery team – Ethical and professional follow-ups. ✅ DRT lawyer panel – Hassle-free legal support for defaults. ✅ 1% platform fee – Affordable and scalable. ✅ Interest or interest-free lending – Flexible options based on the lender’s preference. *Business Use Cases:* ✔ Informal Lending to Friends & Family – Set up interest or interest-free lending with automatic repayments. ✔ Furniture Rental Businesses (like Rentomojo, Furlenco) – Automate monthly payments from customers. ✔ C2C Marketplaces (like OLX, Quikr) – Enable EMI options for peer-to-peer transactions via Le’udhaar at checkout. ✔ Stock-Based Businesses – Suppliers can ensure payments after sales via auto-debits. We’re launching a demo app to test market demand before full-scale development. I’m looking for: 1. Developers to build the MVP. 2. Investors who see the potential in solving this billion-dollar problem. Let’s connect and explore how we can make this happen!
Replies (1)
More like this
Recommendations from Medial
Hemant Patidar
"Unlock Luxury – Any... • 3m
We are launching a Peer-to-Peer Luxury Car Rental Platform that connects luxury car owners and rental agencies directly with customers. This platform will cater to weddings, corporate events, high-end travel, and personal use, providing a seamless an
See More
calculus
Your Bottom Line Our... • 21d
Finance Tip – Day 4 *🏦 “Don’t save what is left after spending; spend what is left after saving.” — Warren Buffett Make saving a non-negotiable part of your monthly budget. ✅ Set up auto-debits to a savings/investment account right after your sala
See More
aaquib mahfooz
Being innovative • 6m
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 mak
See More
Arju Srivastava
Code. Create. Innova... • 1m
Validate My Idea - FreelancersOs 🧾 Freelancers, Does This Sound Familiar? • Spending 5–10 hours every month making GST invoices manually in Excel/Word? • Clients delaying payments because there are no auto reminders? • Confused during ITR/GST fil
See More
Nitesh Vishwakarma
•
Ritco Logistics • 1m
Embedded Finance: The Future of Financial Services for Startups Ever heard of embedded finance? It’s revolutionizing how startups do business! 🚀 What is Embedded Finance? It’s the seamless integration of financial services—like payments, lending,
See More
Abhishek mishra
Hey I am on Medial • 10d
*Open to New Opportunities | Fintech | Backend Engineering* Hi network! 👋 After an incredible journey building a Loan Management System from scratch, I’m now exploring new opportunities in the Fintech space. Over the last few years, I’ve: ✅ Design
See More
Download the medial app to read full posts, comements and news.