Build a Peer-to-Peer Lending Platform

Traditional lending relies heavily on banks, often resulting in high interest rates for borrowers and low returns for lenders. Peer-to-peer (P2P) lending removes intermediaries, allowing individuals to lend and borrow directly while ensuring security, risk assessment, and transparency. Managing this ecosystem securely is a major challenge.

By building a platform that matches verified borrowers with lenders, enables custom interest rates, secures repayments through smart contracts or escrow accounts, and provides transparent credit scoring and risk profiling, we can democratize lending and offer better terms to both sides.

Borrowers apply for loans with requested amounts and terms. Lenders browse loan listings, assess risk profiles, and fund loans fully or partially. Loan agreements are created, repayments are scheduled, and escrow mechanisms ensure repayment discipline. Admins monitor activities, disputes, and ensure platform security.

• Borrowers create loan requests specifying amount, term, and purpose.
• Lenders review borrower profiles, credit ratings, and choose loans to fund.
• Contracts are generated, disbursements are made via escrow systems.
• Borrowers repay installments, which are automatically credited to lenders' accounts.
• Platform admins manage KYC verifications, fraud detection, and user support.

• Understanding Peer-to-Peer Lending
• Building Escrow Smart Contracts in Solidity
• How Lending Platforms Like Prosper Work