Peer to peer lending as a platform that can bring together investors and recipients of funds (SMEs). Because all this time, prospective investors do not have confidence in how SME owners can use the capital provided correctly. Likewise, with SMEs, it is often difficult to get capital as part of business development. With peer to peer lending, there are companies that mediate between the two parties. In addition to economic aspects, the company has a social aspect, which helps improve the welfare of SMEs by providing various services such as training. In this context, data was collected from potential investors, investors, peer to peer lending companies and SMEs that received the funding. This study uses a qualitative method. Where the author wants to find out how far this peer to peer lending platform can help investors, so they want to participate in developing SMEs and the benefits received by SMEs from peer to peer lending.

This research is set to investigate non-linear programming problem that is, quadratic programming and its application to portfolio management. The data of return on asset of five different insurance companies namely: AIICO, LINKAGE, NIGER, MUTUAL BENEFIT, and LASACO insurance company was collected and a model was fixed. These data were analyzed using quadratic programming in conjunction with LINDO software. The result of the analyzed data revealed that the allocation of fund for each insurance company should be done with the same percent for LINKAGE, NIGER, MUTUAL BENEFIT and other percent to AIICO insurance company respectively with increment of 24% on return. The research has answered the question of how much an investor should allocate to each investment to minimize risk and maximize return.