Is P2P lending a good investment?
P2P lending has experienced rapid growth in India. Several P2P lending platforms have emerged, offering loans to individuals and small businesses. The market size has expanded significantly, driven by factors such as increased internet penetration, the need for accessible credit, and the rise of digital lending solutions.
What is P2P lending?
The practice of lending and borrowing is as old as the existence of money. With traditional money lenders giving loans to individuals at very high interests, as they did not have access to formal lending channels these borrowers were exploited by the Sahukars.
However, Peer-to-Peer (P2P) Lending has revolutionized this practice by establishing a marketplace where trustworthy borrowers and investors looking for lucrative investment options thr...