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But do all the students deserve loans? If they keep giving out loans to minorities without any obligations, it doesn't guarantee they will get their money back with interests. I think the loans should be given but only to the deserving students. Like one has shown a good academic record in the previous courses.

What if a minority student is good at studies?

Avul Pakir Jainulabdeen Abdul Kalam a.k.a APJ Abdul Kalam - His father Jainulabdeen was a boat owner. He was a minority who sold newspapers to supplement his family's income at an early age. Kalam served as the 11th President of India. Why I said this because YES a minority student has every right to study.

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Student loans are a different issue, unemployment is other. Loans are an personal economical incapability, unemployment is socio-economical. They aren't dependent on each other.

As a loan company, we will always advise filing unemployment status with the state immediately after you lose the job. Try to pay the loan interest and get a part-time job immediately (Uber, Doordash etc.) These gigs can earn you some extra cash while affording you the flexibility to go to job interviews and networking events to secure full-time work. We are Peerfin are more interested in processing loans to people who are trying to do masters in top colleges around the world where we believe that the risk rate is much lower than other colleges/universities.

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Who are the investors? Will all the people involved in giving out loans would be your own set of investors or the general public? Not everybody has time to read the white-paper, you should update your website with a summary of your project/introduction.

We are taking funds from accredited investors, pension funds, impact investment funds etc. The reason why we are only welcoming accredited investors because an accredited investor will have the financial sophistication and ability to sustain the risk of loss of investment.

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