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Babyloan.org is a French innovative website that connects investors with micro-entrepreneurs. It is the first European peer-to-peer lending website that enables the general public to lend funds to microenterprises of their choice via this online platform.
Through Babyloan.org, one can support micro-entrepreneurs living in challenging conditions that lack access to capital to launch or expand a business. The loans enable them to create or develop microbusinesses thereby generating income, allowing them to make profit while repaying their loans. Therefore each month, the lenders are repaid on Babyloan.org according to the amount and duration of the project they financed. This involvement allows then micro-entrepreneurs to improve their living conditions and those of their families through their own hard work and dedication.
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