Eve is a secure, smart contract enabled platform built to facilitate end-to-end peer-to-peer lending. We promote to two categories of users: lender and borrowers.
Whether lender or borrower, each user creates a profile by which they sign up for the platform. These profiles are verified by uploading valid verification documentation vetted and checked by an account executive assigned to each user.
A lending/borrowing limit will be assigned to each user. The user can choose to borrow up to “this limit” as a starting transaction. This limit is doubled on the successful settlement of each transaction.
A lender can evaluate borrowers by reviewing a loan request form (LRF), then indicating their deserved loan terms to fund the transaction. Our account executive will then reach out to facilitate the completion of the transaction via our smart contract platform.
Borrower User can fill out a Borrower Request Form (BRF) after verification of profile. Along with support documentation to justify the loan application, an account executive will evaluate the request. Then their request will be displayed to potential lenders for review.
Esther Finance Limited guarantees the lender on each loan facility, and the borrower limited will be increased x2 on each successful repayment.