Headquarters
Nairobi, Kenya
info@kenfasp2p.com
Nairobi, Kenya
info@kenfasp2p.com
In a country celebrated for pioneering mobile money with M-Pesa, a new fintech revolution is unfolding: peer-to-peer lending. By connecting borrowers directly with lenders through digital lending platforms, P2P lending is dismantling traditional financial barriers and unlocking opportunities for thousands, from Nairobi entrepreneurs to rural farmers. Here’s how this innovation is transforming lives. Breaking […]
Peer-to-peer (P2P) lending, which connects borrowers directly to lenders through online platforms, has grown significantly over the past decade. By bypassing traditional financial institutions, P2P lending has not only transformed the financial landscape but also produced a range of social impacts, particularly in financial inclusion, community building, and economic empowerment. Financial Inclusion One of […]
Lending money to someone, ensuring regular interest payments, and eventually the return of principal on time — it is a tough job. Sure, P2P platforms make the task a lot easier for lenders. However, first-time lenders on these new digital platforms still find the task arduous. Here are a few common mistakes you can avoid […]
The peer-to-peer (P2P) lending world comprises three major elements: The lender, the borrower, and the platform. Based on the concept of crowdfunding, a P2P platform makes it convenient for people to find borrowers interested in taking unsecured loans. After online deliberations, P2P companies undertake rigorous verification of the borrower at his residence as well as […]
Peer-to-peer (P2P) lending, a financial model that connects borrowers directly with lenders through online platforms, has been gaining significant traction in Kenya. This alternative form of lending bypasses traditional financial institutions, offering more flexible, accessible, and often faster loan opportunities. Limited Access to Traditional Banking Services One of the main reasons for the rise of […]
Peer-to-peer or P2P lending is a process whereby an individual lends money or gives a loan to another individual through an intermediary. Intermediaries generally comprise online digital lenders or platforms, whose main function is to find and match borrowers and lenders. It is a simple business model in which a person with spare money […]