Lender/Borrower Activity on Prosper
September 30th, 2007 | ProsperThe number of active lenders on Prosper took the first dip ever in September. (A lender is active if he/she made a bid in that month.). If your an active lender on Prosper this is probably good news for you since it means less competition. On the other hand the number of active borrowers in September took a dip again. This means fewer listings to bid on for lenders.
As a lender I would like to see the number of active borrowers go up month after month. Hopefully we’ll get a pop going into the end of the year. You can check this out yourself on the Membership Growth page.
October 1st, 2007 at 12:59 pm
Wondering if you are considering the dollars in the lender:borrower ratio graph? One borrower seeking $5,000, and one hundred lenders lending $50 would be a 1:1 ratio in my eyes.
In other words, I think the important metric is the ratio of money supply offered by lenders vs money demand requested by borrowers. Also, I would only include loans that got funded in this equation. Perhaps this is an entirely different set of graphs.
anyway, great website, keep up the good work!
Crossfire
October 2nd, 2007 at 4:37 pm
This makes a lot of sense. Going to look into implementing this. It’s probably going to be another set of charts. Maybe add in some customize features and I think you’ll love it.