About KITTANGI
KITTANGI:
An initiative of Nagarathar Chamber of Commerce only as a facilitation partner with Monexo - an online NBFC P2P (Peer to Peer) Lending marketplace where people borrow and lend money to each other.
NBFC - P2P - Non-banking Financial Companies - Peer-to-Peer
- Recognised by RBI
- Connects the lenders directly with the borrowers using a digital platform thereby eliminating the intermediary margin and ensuring lower interest rates
- Has freed up the supply side of credit by helping individuals channel their savings into an asset class that helps them earn like a bank., thereby helping borrowers break away from exploitative practices of unorganised sector
- Offers more options to small businesses - to meet a temporary shortfall in cash, pay salaries, execute a sudden large order or to do something innovative
- Creates an Inclusive Financing Ecosystem. Small businesses are often considered risky to lend. This gap is met by NBFC P2P with the use of tech-based credit algorithms that considers new-age data points and is able to list borrowers, that would otherwise be denied by banks and traditional Financial Institutions
- New to credit (NTC) and Young Entrepreneurs are supported through this platform
- Empowers Women Entrepreneurs
- It Uncomplicates the entire loan process
KITTANGI - An Online Lending Marketplace
KITTANGI online platform will offer the following to NCC members:
Lending Dashboard - Investors can use this dashboard to lend money to borrowers of their choice
Employee Loan Program (ELP) - This program will benefit your employees for their personal loan requirements
NCC Private Room - Exclusively for NCC members looking for self-employed loans; NCC lenders can extend loans to NCC borrowers in this private room
Lending Dashboard | Employee Loan Program | NCC Private Room |
The lending dashboard is for the investors looking forward to create a new asset classification in their investment portfolio. To know more about this and also to on-board, follow the URL: | The employee loan program is for your employees who look for personal loans. To know more about this and also for your employees to on-board, follow the URL: | The private room will facilitate NCC members to lend self employment loans to NCC members who are looking for working capital support to further their business. The lenders will enjoy a benefit of reduced service provider commission charges and the borrowers will enjoy a reduced interest rate of borrowing. Login to your account to access the NCC private room |