P2P loans give borrowers access to financing that may not have been available from standard financial intermediaries. Borrowers apply for loans on a P2P portal like Faircent and i-Lend. P2P platforms evaluate each loan request and list only those applications that meet credit criteria

Click here to read the full story: http://https://www.thehansindia.com/business/peer-to-peer-lending-an-alternate-source-of-msme-financing-551734