Social Lending Helps You Support Your Favorite Causes
At Prosper, you'll find that many of our loan listings cover much more than debt consolidation or home improvements. Social lending lets you search for listings that appeal to your principles.
From fundraising events to fighting disease, to promoting renewable green industries and much more—you can help aid the cause that most speaks to you—while putting your money to work.
Peer-to-peer lending that makes a difference
Here’s how to find the listings that speak to your values:
- Search our community's listings
- Enter the keyword(s) for your preferred cause
- Read through our borrowers' stories
- Invest in the listings that connect with you
Many of our borrowers offer detailed accounts of how the requested loan's funds will be used, but feel free to ask them any relevant questions you may have. The ability to interact with borrowers is one of the best parts of social lending.
Remember, you can invest as little as $25 per listing. This may help you diversify your portfolio.
Social lending is about finding satisfaction in supporting causes. Why not perform a search now now and see which ones you can help support?
How Does Prosper Work?
Investors create an account, set their parameters, and purchase Prosper Notes. Each Prosper Note corresponds to a listing which sets forth the relevant details about the loan, including loan amount, Note rate, yield percentage, and borrower information. Any payment from a Prosper Note is dependent on the payments Prosper receives on the corresponding loan.
The Notes that correspond to specific borrower listings are offered by prospectus. Investors should read the complete description of the Notes and risks associated with making an investment in the Notes as well as other information about the Prosper model in the prospectus.
Prosper Notes are risk bearing and speculative investments for suitable investors only. If a borrower fails to make payments on the corresponding borrower loan related to your Prosper Note, you will not receive payments on your Note. There is the potential that you will not receive any payments on a Prosper Note. You should review the prospectus before investing through Prosper. Not FDIC-insured. Notes may lose value. No Prosper or bank guarantee.