NanoFin.net - Your Neighbourhood Finance Network
About NanoFin.net
Your Neighbourhood Finance Network
- Nanofin is an online peer to peer network where lenders and borrowers can locate each other through various demographics. It creates a transparent environment where the lenders and the borrowers can fix the interest rates and the period of pay. The important point that is to be note here is that the middle person is removed from this transaction and thereby reducing the cost involved in a middle person based transaction. But it should also be noted that the risk assessment is done by the lenders. This is one of the first of it s kind in India. This service first targets applicants for educational loan and similar loan applications. But it is open for everybody in general to get into social network.
(*(Nanofin is trademark of Nanofin Enterprises Pvt. Ltd.) Hindu News
