DhanaX: Peer To Peer Money Lending

Presentation on DhanaX (Peer To Peer Lending)

Question: Is DhanaX good option to go for investment?

It was our first presentation at English Center. We termed it as good start.
There we talked about following:

• Overview to DhanaX
• Self Help Groups (SHGs)
  
• Non Government Organizations (NGOs)
  
• Money Lenders
• Borrowers
• Safety of money at DhanaX
• Repayment guarantee
• Tax benefits
• Donation at DhanaX

I was on pro side whereas Manu described on con side of DhanaX.
We concluded that its not good option to go for DhanaX putting
these compelling points on board:

• Its premature
• Its seems to be boasting that DhanaX is having several NGO's on boart but we found it out that currently only one NGO is associated with it.
• It is dubious, how does repayment happen and to whom lenders bank details are disclosed to for repayment.