Lending Platforms grow consumer credit biz
Loan dibursements on P2P Lending platforms like Faircent.com growing month-on-month. Currently, Faircent has disbursed more than Rs. 20 crores till date. With more than 2 lacs registered Borrowers, the platform is averaging Rs. 2 crores of disbursement every month. This is a step towards bringing individuals, SMEs and MSMEs under the purview of organized credit thereby contributing to greater financial inclusion.

Related Articles
-
P2P Lending: Alternative source of MSME financing
Aug 05, 2019
-
P2P Lending in India: Faircent first to get RBI nod for NBFC-P2P certification
May 22, 2018
-
RBI Suggests NBFC Status for P2P Lenders
Apr 29, 2016