We are building a site similiar to prosper.com. It is a peer to peer lending website -- where a person can register as either a lender or borrower. A borrower can post a request for a loan, and the rate they are willing to negotiate as far as interest/repayment. A borrower can bid an amount to loan. There can be as many lenders as the borrower wishes to accept. The most difficult thing about the site -- is it will need to call to a credit agency to pull a credit report/score (the API will be provided for that later on)
Visit [url removed, login to view] to see how that works.