PeerLender
Lend and borrow confidently
Listed in categories:
FintechInvesting
Description
PeerLender is a peer-to-peer lending platform in Nigeria that connects lenders with verified borrowers, ensuring a safe and secure loan collection process. It allows individuals to lend and borrow money confidently, with flexible loan terms and a transparent communication system.
How to use PeerLender?
To use PeerLender, sign up as either a lender or a borrower. Lenders can set their own interest rates and loan durations, while borrowers can access various loan options and repayment periods. The platform facilitates secure transactions and tracks loan repayments automatically.
Core features of PeerLender:
1️⃣
Verified Borrower System
2️⃣
Flexible Loan Terms
3️⃣
Direct Debit Mandate for Repayments
4️⃣
Credit Scoring Analysis
5️⃣
Secure Link for Loan Requests
Why could be used PeerLender?
| # | Use case | Status | |
|---|---|---|---|
| # 1 | Lending money to friends and family | ✅ | |
| # 2 | Borrowing for emergencies or business needs | ✅ | |
| # 3 | Building a personal credit history | ✅ | |
Who developed PeerLender?
PeerLender is developed by a team dedicated to improving access to affordable credit in Africa, focusing on connecting individuals and small businesses with the financial resources they need.