Mpho Kgetse. From RSA. My project is a peer-to-peer lending (P2P) application (Prototype).
Project should be:
1. People can register as a Loan Provider or Seeker
2. Loan Provider can set their own terms of payment and loan size,
3. Seekers can apply for loan as per their need and to suitable loan provider
4. Loan Provider receive credit report or details about seekers from platform financial regulatory, so a link for the provider to be able view. this should be managed by the application.
5. Loan Provider will be able to choose borrowers as per the credit report
6. Both parties can negotiate payment terms on the application
7. Borrowers can make payment as per the agreed terms
Ultimately I need this application to be able to do all that above with no issues or data losses.
Simple, efficient and easy is the aim of this application.