A recent article in the Timeslive discusses the latest trends in funding mechanism. The article highlights an alternative funding benchmarking report by the UK’s Cambridge Centre for Alternative Finance. The article published last month identifies South Africa to become the potential leader in the growth of online and peer-to-peer lending models in Africa.
The practice of Peer-to-peer lending facilitates an online process that matches lenders to the needs of borrowers to further their initiatives.
Read the Crowdfunding article here