With this we are addressing Challenges of Traditional Lending Platforms. As we now Traditional lending platforms are often characterized by several limitations, including:Limited Accessibility: Many individuals, particularly those with limited credit history or lower income, struggle to access loans through traditional channels.High Fees and Interest Rates: Borrowers may face exorbitant fees and high-interest rates imposed by traditional financial institutions.Lengthy Approval Processes: The loan approval process in traditional platforms can be time-consuming and bureaucratic, leading to delays for borrowers.