The name NanoFin denotes nano level financing.
NanoFin is about Individuals lending to Individuals and companies/organisations lending money to Individuals/groups.
Nano Finance
Nano finance brings lending and borrowing to people‘s door steps. Lenders and borrowers register with Nanofin on its web-page. Lenders and borrowers are able to search each other by specifying any search field. This way search can be conducted based on area, locality and loan requirement.
Credit assessment is done by the lender by visiting the borrower in his house or place of business. This brings about a comfort feel and decides on the level of documentation, terms & conditions.
In cases such as Student Loans, the lender may choose to pay-in the money directly to the educational institution to make sure the loan is used for the stated purpose. A great deal of such flexibility and innovation evolves based on every lender & borrower.
Inclusive Growth
Nanofin does not exclude any form of business or person from using its service for lending.
Micro-finance institutions, Direct Selling Agents and the everyone from the unorganised lending sector benefit from the Nanofin network.
Nanofin brings all forms of lending under one roof for the borrower to choose from