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| How do I create my own group? |
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If you are not registered with Prosper, you will be asked to fill out a quick registration form. Registration is free.
Once registered, click the "Become a Group Leader" link. You will
be asked to provide your social security number and a few other
personal details so that we can check and protect your identity. There
is no fee to become a group leader.
Next, you will need to provide some basic information about your
group. This will include the group name, a short description, a group
"shortcut" (this will be a short web link for potential members to
access when you invite them), and categories (see below).
Prosper is basically a community made up of all kinds of groups of
borrowers. Potential lenders, borrowers, and future group members will
search and find each other through Prosper's classification system of
group categories. When you create your group, you will need to
categorize it (you may select up to five categories). For example, if
you are a group of soccer players, you would categorize your group
under "Sports & Recreation / Ball Sports / Soccer."
Once your group information is complete, all of this information
will be sent to the Prosper Group Services team, who will review your
group application, and make a decision on your group application within
a few days.
As a group leader, you can receive group leader rewards as your
group members repay their loans on time. You can add your bank account
information to Prosper so that we will know where to send your group
rewards.
While you're waiting for Group Services to review your new group
request, you should view and update your group's home page! In fact,
the more information you add about the group you want to create
(including the description, pictures, and links), the more speedily
Group Services will be able to approve your group.
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