That's nice, even better if you can give investors some guarantees on default risk.
Another question. I was looking at the investor dashboard and it shows a 'salary to EMI ratio', does that mean people who aren't employed with a regular salary are out? Like small business owners and such.
In my personal experience, I find that they are usually more interested in short-term borrowing since their cash inflows and outflows don't always balance, leading them to having to borrow quickly and for a short term.
I just specify my risk appetite and you choose the borrower for me? or do you give me a list of options and I can choose who to lend to? Ideally I would prefer the first option.
Can I also limit my investments to a particular kind of borrowers, say who wants it for Educational purposes, is that possible?
Another question. I was looking at the investor dashboard and it shows a 'salary to EMI ratio', does that mean people who aren't employed with a regular salary are out? Like small business owners and such.
In my personal experience, I find that they are usually more interested in short-term borrowing since their cash inflows and outflows don't always balance, leading them to having to borrow quickly and for a short term.