Everything is possible. How detailed you want is very questionable. I would not want to read a 100 pages fact sheet just like reading annual reports in listed companies. As long as the fact sheet is enough for me to understand if the borrowers have the ability and willingness to return the loans. Also, if you want a very detailed factsheet, the fees will also be compromised.
Transparency of the fact sheet of the P2P borrowers has been yearned by the the investors. There needs to be a compromise. If the P2P borrowers are not willing to make known of their companies to the investors, little can we do.
I believe that Kenneth, funding societies, in seedlyTV EP07 has mentioned a unfortunate cases of a borrower wanting to pull out a borrower stories/video. The borrower's cilent is not willing to work with him because the funds outsourced are not from banks, and thereby illegal debt. Thus, I would like question if all debts are bad? And if we, a legal citizens in Singapore put in "dirty money"?
The negative stigma of debt may bring more opportunity cost for business than borrowing. Left with no choice, they would want the p2p platforms not to disclose their infomation.
Back to your question, I would still say yes. However, it is not possible if the borrowers wants to protect their identity, Hereby, I would appeal to the borrowers benefited by the P2P platforms and the communities to give a testimony how you have gained from these fintech platforms.
Everything is possible. How detailed you want is very questionable. I would not want to read a 100 pages fact sheet just like reading annual reports in listed companies. As long as the fact sheet is enough for me to understand if the borrowers have the ability and willingness to return the loans. Also, if you want a very detailed factsheet, the fees will also be compromised.
Transparency of the fact sheet of the P2P borrowers has been yearned by the the investors. There needs to be a compromise. If the P2P borrowers are not willing to make known of their companies to the investors, little can we do.
I believe that Kenneth, funding societies, in seedlyTV EP07 has mentioned a unfortunate cases of a borrower wanting to pull out a borrower stories/video. The borrower's cilent is not willing to work with him because the funds outsourced are not from banks, and thereby illegal debt. Thus, I would like question if all debts are bad? And if we, a legal citizens in Singapore put in "dirty money"?
The negative stigma of debt may bring more opportunity cost for business than borrowing. Left with no choice, they would want the p2p platforms not to disclose their infomation.
Back to your question, I would still say yes. However, it is not possible if the borrowers wants to protect their identity, Hereby, I would appeal to the borrowers benefited by the P2P platforms and the communities to give a testimony how you have gained from these fintech platforms.