“You have impacted my life permanently”
Done properly, peer-to-peer lending offers more than just inflation-beating returns. It can be used to finance new homes, new businesses, new developments, and – in the case of Lendwise – new lives.
The P2P lending platform offers loans to post-graduate students seeking a fixed rate loan to fund their studies. In the three years since Lendwise launched, it has helped to launch or re-ignite a number of careers, and as a result the platform regularly receives some poignant emails and messages from its borrowers.
“I have secured an offer with the Infrastructure Bank and am expecting to start in the investments role by 15 February 2022,” one Lendwise borrower wrote. “I once again wanted to share my heartfelt thanks to you for extending me the credit facility and paving the way to moving to the UK.
“Beyond the commercial metrics and considerations, I believe you have impacted my life permanently and helped me get to where I wanted to – for this you shall always have my gratitude and affection.”
Another borrower who has graduated from one of the world’s top business schools wrote to say that he had been able to expand his earnings significantly as a global leader for a consumer technology firm, and that he would not have been able to do this without his Lendwise loan.
“Had the leaders at Lendwise not put this company together – I’m not sure I’d have been able to easily realise my career and personal ambitions,” he said. “The experience I had…was simply phenomenal and I’m grateful all your support.”
“I stumbled across the Lendwise website on a Google search and decided that it suited my needs,” said another borrower – a law student. “Following my graduation, I continue to work with the same law firm as a fully qualified solicitor and am now an employment law specialist, a job which I absolutely love. None of which would have been possible without the funding from Lendwise.
“At a most significant of crossroads in my life, Lendwise provided me with the means to make certain decisions, take certain chances and achieve the career of my dreams.”
A glance at TrustPilot tells a similar story, of UK-based and some international students using Lendwise loans to jump start their careers and make a real difference. Rishi Zaveri, the lender’s chief executive and co-founder, says that this is what the platform is all about.
“At Lendwise, we truly believe that as a proposition, we are incomplete without ambitious and talented individuals to finance and this is where our process is designed to identify such borrowers,” says Zaveri. “We exist because good education can be expensive but it leads to positive outcomes in terms of career progression and salary enhancement.
“Our goal is to bridge the funding gap that exists so that we can enable access to education through an affordable and flexible financing solution.
“I’m really glad that we are recognised as a leading education finance provider and that we can finance the studies for individuals studying for a range of degrees and disciplines at universities and business schools around the world. This in turn provides a way for our investors to earn a real inflation-beating commercial return whilst making a real difference, which can be evidenced from our reviews and borrower case studies.”
Lendwise’s impact is clear to see.