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Home » Forums » Everything about Consumer-To-Consumer Lending

How much do you plan to Lend when Microlending comes to Canada?

Submitted by Dan on Mon, 06/04/2007 - 21:26

Post here and let us know. I think I will be in the $200-$500 range depending on quality of listings available.

‹ How much money would you borrow in a listing?
Tags:
  • Everything about Consumer-To-Consumer Lending

3 reponses to "How much do you plan to Lend when Microlending comes to Canada?"

1. How much?

Submitted by Anonymous on Tue, 10/02/2007 - 12:44.

Any amount I was prepared to lend would have to be an amount I was prepared to 'lose'.  In other words I would loko at the amount as more of an expense than an investment at first.

  • reply

2. peer to peer lending

Submitted by Anonymous on Wed, 12/12/2007 - 17:48.

I could see doing a couple of hundred bucks per loan, but I probably wouldn't do more than a few thousand total until I saw how well it worked.

 The problem will be getting a critical mass of Canadians, I predict.

Mike

  • reply

3. I completely agree! At first

Submitted by Anonymous on Sun, 02/17/2008 - 15:14.

I completely agree! At first its going to take a good group of people who are willing to try it out. However, once people see that there is money to be made I think it will really pick up!

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