Loanify

Project Title

Loanify

Project Area of Specialization Computer ScienceProject Summary

Ease of accessibility to services is a solid need of an individual in this digital era. Be it providing those services or receiving them in exchange for a specific amount of cash/funds. The Pakistani community comprises a group of people who are needy and hardworking. To help them start businesses and earn a respectable income to improve their standard of living, loans are for sure a way to give them a head start. Similarly, Loanify eases the accessibility for all of its users. It not only makes it an easy business for users but also gives a variety of lists of choices and people to do business with. Corporate to individuals, Companies to families, and many more such bonds are going to be made with the help of Loanify. Numerous people will get facilitated by Loanify. Loanify is an intermediary platform between Lenders and borrowers where Lenders can earn profit via lending loans and borrowers can get the loan for their needs.

Project Objectives

1. To provide business opportunities for people by lending loans.
2. To fulfill the financial need of people.

Project Implementation Method

Agile.

Benefits of the Project

A full fledge business model with a new and creative idea that has good potential for growth.

Technical Details of Final Deliverable

• Loanify is a PWA (Progressive Web App) which compatible and installable for kinds of devices (Windows, Mac, Android, IOS)
• The frontend is build using React JS
• Material UI components are used at frontend
• The entire backend is handled via Google Firebase (database and authentication)

Final Deliverable of the Project Software SystemCore Industry FinanceOther IndustriesCore Technology OthersOther TechnologiesSustainable Development Goals Decent Work and Economic GrowthRequired Resources

Item Name	Type	No. of Units	Per Unit Cost (in Rs)	Total (in Rs)
			Total in (Rs)	46250
Cloud server, License Software's, API'S, Hosting Services	Equipment	5	9250	46250