P2P LOAN FROM ABROAD PEER TO PEER FUNDING FROM OVERSEAS
A P2P loan or peer-to-peer funding from overseas is new type of financing solution available with private investors abroad who act as a peer to another peer consisting of loan seekers.
A P2P loan from abroad helps a borrower who is looking after funds overseas because of encountered difficulties in his own country to obtain approval for financing a project.
An p2p loan from abroad consists of a loan that a private lender gives to a private borrower while the two parties are not in the same country because of the difficulties the borrower has in finding a financing in his own country.
The loan between private individuals called also private loan abroad is in fact a utopia because already the loan between private persons is facing obstacles being in the same country, thus it is difficult to imagine this type of financing from abroad.
A loan between individuals offered internationally is simply the exploitation of the desperation of over-indebted people who unfortunately risk falling into scams.