Home Improvement with a Personal Loan from the P2P Lending Market Platform

Before discussing personal loans in P2P Investment, we must first know what Peer to Peer Lending (P2P) market is and how the lending works are brief.

Peer to Peer Lending (P2P Lending)

P2P Lending is a practice or method of lending money to individuals or businesses and vice versa, applying for loans to lenders, which connects lenders with borrowers or investors online.

Peer to Peer Lending (P2P Lending) allows anyone to provide loans or apply for loans with one another for various purposes without using services from legitimate financial institutions as intermediaries. Basically, the P2P Lending system is very similar to the online marketplace concept, which provides a place for meeting buyers and sellers.

In the case of P2P Lending, the existing system will bring together the borrower and the party giving the loan. So, it can be said that P2P Lending is a marketplace for lending and borrowing activities. Rather than applying for loans through official institutions such as banks, cooperatives, credit services, government and so on, the process is far more complex, as an alternative, the community can apply for loans supported by ordinary people using P2P Lending systems; and therefore it is called “peer-to-peer”.

How Does P2P Lending Work?


As a borrower, all you need to do is upload all the documents needed to apply for loans online (which is relatively fast in the process), which includes a document containing financial statements within a certain period of time as well as your purpose in the loan. Requests for loans can be accepted or rejected, of course depending on various factors. If the application is rejected then it must make improvements to the things that are the reason for rejecting the application. Then, if accepted, the loan interest rate will be applied and the loan application will be included in the available marketplace so that all lenders can see the loan application.


As an investor, you will have access to browse loan application data on the dashboard provided. Investors also can certainly see all the data regarding each loan application, especially relevant data about the borrower such as income, financial history, loan objectives (business, health, or education) along with the reasons, and so on. If you have decided to invest the loan, you can directly invest some funds after making a deposit according to the investment objectives.

The borrower will repay the loan funds every month and the Investor will get benefits in the form of principal and interest. The amount of interest will depend on the interest rate of the loan invested.

Personal Loan at Iuvo group

Please note that the Iuvo group is one of the P2P lending markets located in Estonia. Established since 2016. Basically, if you want more detailed information about this online P2P lending market, you should just visit the website.

If you want a personal loan for home improvement through Iuvo group, just visit the Iuvo group website (https://www.iuvo-group.com) and select the “Get Loan” main menu. Then select “Personal Loan” and you will be asked to fill out the form completely and correctly. After that, the consultant from the credit company will contact you and will provide detailed parameters for their proposal. If you get approval, you just choose the best offer for you and receive money in an easy way for you.