Peer-to-Peer (P2P) Lending Platforms in Nigeria: Benefits and Risks
Peer-to-peer lending, often abbreviated as P2P lending, is a method of borrowing and lending money directly between individuals without the involvement of traditional financial institutions like banks. In this decentralized lending model, individuals who need funds (borrowers) are connected with individuals willing to lend money (lenders) through online platforms. These platforms act as intermediaries, facilitating … Read more