Lendeez offers a mobile application that simplifies the process of borrowing money from your social network. Users can customize their loan terms, including the number of payments and the option for interest. They then send these terms to their contacts, who decide how much to contribute to the loan. Lendeez takes care of the entire process, ensuring safety and convenience for both borrowers and lenders. The platform also helps users build their credit score, which impacts their future loan requests and limitations. Overall, Lendeez provides a formalized and secure way for individuals with limited access to credit to obtain loans through their social connections.