EHF

we are a peer to peer online lending platform that connects investors with borrowers in the Middle East. It provides investors with great ROI ( return on investments ) and provides borrowers with personal loans including microloans.
So here's how it will works:
people sign up as an investor or a borrower. A borrower submits an application for a loan and if approved the loan is placed on the website for investors to fund. Investors simply sign up and then link to their bank account and then invest in a small portion of many different loans to spread their risk.
Our job is to rate each loan and the interest rate will depend on that rating.
We will generate revenue from three different ways:
1- A small portion of the interest rate
2- A borrower fee (range between 1 and 5% depending on the loan risk level)
3- Late payment fees (If the borrower defaulted for over 15 days)
Because there will be many loans listed on our platform, we will offer investors to invest in automated plans and not only individual loan picking.
What attracts investors is the high-interest rate that they will get if they invested on our platform and what attract borrowers is the fact that they can qualify for loans that otherwise they won't be able to qualify at a traditional bank or loan provider.
While many Fintech ( financial technology ) startups view banks as competitors, we view them as potential customers whether by directly investing on our platform or by benefitting from our automated underwriting systems which can be packaged up and used by banks and other lending institutions.