Speaking as a lender, do the borrowers get any part of their up-front Credit Risk fee refunded when they repay the loan? Because I was also surprised how their fees (albeit not interest-based) are often 20% - which seems too high. My donations online are correlated to how good a job I tend to believe the platform does to enable things to be as cheap and accessible as possible for the borrowers - if you cut their fees in half, even though it doesn't affect me, I'll increase my monthly givings, etc.
Alex Nsiah Kwarteng Sunyani, Ghana May 16, 2020
Olawale Noble Liasu Volunteer Mentor Jos, Nigeria May 17, 2020
Makepeace-Boyle Family Canada May 20, 2020
John Mwadeghu, Duncan Nduati, Joshi, Olawale Noble Liasu, Eric Agyei Tuffuor , Wilberforce Okelo, Moses Wanjiru, John Ayinkurugu and Victoria like this.
Olawale Noble Liasu Volunteer Mentor Jos, Nigeria May 21, 2020
Wilberforce Okelo Volunteer Mentor Nairobi, Kenya May 23, 2020