Location
Headquarters

Nairobi, Kenya

Location
Email

info@kenfasp2p.com

Blog



The Social Impact of Peer-to-Peer (P2P) Lending in Kenya

Posted on: Fri, Nov 22, 2024 | 8:20 pm

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 […]



5 Common Mistakes to Avoid When Lending in a P2P Platform

Posted on: Thu, Nov 14, 2024 | 10:26 am

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 […]



How Do P2P Platforms Assess the Creditworthiness of Borrowers?

Posted on: Fri, Oct 18, 2024 | 4:10 pm

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 […]



Why Peer-to-Peer (P2P) Lending is Increasingly Becoming Popular in Kenya

Posted on: Mon, Sep 23, 2024 | 12:11 pm

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 […]



What the Government Can do To Make P2P Lending Scalable and Sustainable

Posted on: Sat, Aug 3, 2024 | 1:10 pm

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 […]



What is Peer-to-Peer Lending?

Posted on: Thu, May 23, 2024 | 2:31 pm

Peer-to-peer lending, also known as P2P Lending, is a traditional banking alternative that connects verified borrowers seeking unsecured personal loans with investors looking to earn higher returns on their investments. Verified borrowers are listed on the P2P lending platform where Investors get to see all their details before lending money to them. Investors have the option to lend small amounts […]