How it works
"Direct(Pirdapir)" - this is an online platform where borrowers meet Investors (lenders).
The "Direct(Pirdapir)" model is more efficient than a bank or a microfinance organization, both sides are rewarded: low interest rates for Borrowers and high returns for Lenders.
Those hoping to submit a loan application online should proceed with the following steps:
The platform takes the following actions:
Investor / Lender should perform the following actions:
Loan applications will be placed on the platform for 5 days. Loans may be funded individually or by several simultaneous investors.
The investor and the borrower pay the amount stated by the platform using the following methods:
Failure to repay the loan in a timely manner will result in: the Borrower's credit history being tarnished and the case will be transferred to a collection agency and court of law should recovery prove problematic.
About the Company
JSC "Direct Investment Systems" (PirdaPir.ge) was created in 2014. The concept is developed according to US Based Online platform lendingclub.com
PirdaPir.ge’s mission is to connect Borrowers and Lenders through a user-friendly platform and promote mutually beneficial relationships between them.
The platform is a direct alternative to banks. Its goal is for consumers to obtain loans at low cost and for lenders to use their capital in a profitable manner.
PirdaPir.ge is available for individuals and companies to register as borrowers and create loan applications, or register as investors and fund said loan applications.