Imagine a scenario where a
college student wants money
to fund his next college trip
or wants to buy a new smartphone
or take his girlfriend out
and can't afford
to spend this much at once.
While paying in installments
will help him out a lot.
Traditional Banks don't deal with microfinance.
And other organizations solving this problem in a centralized ecosystem
A peer to peer lending system which helps students to have easy access to credit
Without Paying Collateral
and
Safeguarding Lender Against Fraud
How do we take care of Bad Actors?