Overall, as a P2P investor, it is good to see impact lending getting better traction. However, I do think that the interest rates generally are too low. There are other platforms, such as Trine, that offer higher interest rates, which makes me wonder whether Lendahand shaves several percentage points of the interest rate. For the reason mentioned above I will not be increasing my portfolio but rather letting it compound over time. Nonetheless, Lendahand is a good platform and I find it enjoyable to do some good in the world.
What do you think of the information on the Lendahand website?
Clear and obvious. Also, easy to find.