Headquarters
Nairobi, Kenya
info@kenfasp2p.com
Nairobi, Kenya
info@kenfasp2p.com
Peer-to-peer (P2P) lending, also known as social lending or crowdlending, has undergone a lot of transformation since its inception. Here’s a comprehensive overview of its development: Early Beginnings: Pre-Internet Era Informal Lending Circles: Long before the advent of digital platforms such as kenfasp2p, communities around the world practiced informal lending circles, where individuals pooled […]
Investing in peer-to-peer lending can be a rewarding way to diversify your portfolio and potentially earn attractive returns. Here are seven tips to help you navigate this investment opportunity: Understand the Risks: Peer-to-peer lending involves lending money to individuals or small businesses, often without the backing of traditional financial institutions. As such, there are risks […]
Peer-to-peer (P2P) lending platforms enable individuals to lend and borrow money directly from one another without the involvement of traditional financial institutions. While P2P lending offers various advantages such as easier access to credit and potentially higher returns for investors, it also involves significant risks. Here’s an overview of the risks associated with P2P lending […]
Peer-to-peer (P2P) lending has been an evolving industry with several emerging trends. A lot has changed since we launched our own platform in 2021. Here are some emerging trends in P2P lending: Global Expansion and Regulation: P2P lending platforms have been expanding globally, reaching countries where traditional banking systems are less accessible. However, this expansion has […]
In the fast-evolving landscape of finance, Peer-to-Peer (P2P) lending has emerged as a revolutionary concept, reshaping the way people borrow and invest money. Often dubbed as the ‘crowdfunding of loans’, P2P lending platforms connect individual borrowers with lenders, bypassing the traditional financial intermediaries such as banks. This innovative model has gained immense popularity globally, offering […]
1. Create a realistic budget: Start by analyzing your income and expenses to determine how much money is available for debt repayment. Allocate a portion of your income towards paying off your debts and stick to the budget strictly. 2. Prioritize high-interest debts: List down all your outstanding debts and prioritize them based on their […]