Join Now | Sign In

Author Archive



Personal Stories of Lenders and Borrowers

Monday, May 5th, 2008

Prosper MembersOne of the most satisfying experiences at Prosper has been working on our recent initiative to tell the personal stories of lenders and borrowers in the Prosper community. When I recently met several Prosper members in person, listening to their stories of how peer-to-peer lending fit into their lives, I was truly struck by their sincere enthusiasm for Prosper.

It has been one of those welcome rare occasions when as a marketer, we get to witness the fulfillment of a brand promise in such a personal way. 

It’s been both challenging and fun to tell the story of personal lending to the greater marketplace. Agencies lobbied hard for us to use seasoned talent and scripted messaging to address such a new concept, but we stuck to our instincts and couldn’t be happier with the results. We believed that the real story of people-to-people lending is about bringing real people together.

So that’s just what we did. We brought our lenders and borrowers together and asked them to share their experience of peer-to-peer lending on Prosper. Their stories are available online today and we’ll be airing TV spots in test markets starting this week.

We talked to many borrowers who regaled us with both delightful and heartfelt stories. And indeed, fashion designer Lara Miller’s story about how her Prosper loan helped keep her small business operating and her life’s dream alive is a wonderful example of how Prosper can change people’s lives.

We were also delighted by lenders who time and again told us about how they sincerely valued the opportunity to not only earn great returns, but to help others through peer-to-peer lending. Bob, a Prosper lender, we met in Florida nicely expressed the sentiment we heard often when he said he likes being “the source of good things that help people accomplish their dreams”.

A special thanks to all the Prosper members who let us document and share their stories. If you’re a Prosper member and would like to share your peer-to-peer-lending experience with us, visit Prosper Stories and let us know.

Catherine Muriel is the Chief Marketing Officer of Prosper.

Subscribe          RSS Text

  • Google Reader or Homepage
  • Add to My Yahoo!
  • Subscribe with Bloglines
  • Subscribe in NewsGator Online
  • Add to My AOL

Prosper in the News

  • In Credit Crunch, Lending To Each Other
  • Q&A: ‘Bringing Together George Bailey and Gordon Gekko’
  • Fast 50 2008: Prosper
  • New lending site helps people
  • Prosper CEO sees company benefiting from credit crunch
  • Innovation: Website Makes it Easier for Individuals to Borrow & Lend
  • Person-To-Person Lending Flourishes on Web
  • Smart Investments that Outpace Inflation
  • Lending To Relatives? Read This.
Performance Award
Home | Personal Loans | Bid on Loans | Community | My Account | Help | About Us | Contact Us | Site Map
Developers | Privacy & Security | Policies | Terms of Use | Legal Agreements | Legal Compliance

Prosper, Prosper.com, and the Prosper logo are registered trademarks or service marks of Prosper Marketplace, Inc.
Copyright © 2005-2008 Prosper Marketplace, Inc. All rights reserved.
Click to Verify - This site has chosen a VeriSign SSL Certificate to improve Web site security Site privacy statement reviewed by TRUSTe