i2ifunding.com is an online market place for unsecured loans where a borrower posts his loan requirement and multiple investors fund the loan project. The personal loan can be used for multiple purposes which include purchase of consumer durable, debt consolidation (i.e. repayment of credit card debt etc.), medical expenses, education expenses, Marriage expenses etc.
The entire process is transparent, quick and easy. Once the borrower is registered and have shared his documents then we perform the credit risk evaluation using our proprietary credit risk model to evaluate risk. Based on this a benchmark interest rate is assigned to borrower below which borrower cannot post his loan request.