L-Pesa creates a blockchain-based smart contract loan that allows people to grow their business and become a thriving businessman.
The hopeful visionary can take a loan in Ether or Bitcoin and then participate in the L-Pesa curative market facilitating peer-to-peer lending: the first crypto loan service in Africa
The hopeful visionary can take a loan in Ether or Bitcoin and then participate in the L-Pesa curative market facilitating peer-to-peer lending: the first crypto loan service in Africa
Summary
L-Pesa Microfinance is a fintech startup ready to take advantage of the fast-growing needs for financial services in the developing world. The company has validated its operation model over the past 24 months and has built up advanced technology, automating most operations. The main
barrier to growth at this point is its ability to fund user acquisitions and loans.
The loan loss ratio goes below 10% while the loan repayment is around 25%.
L-Pesa Microfinance is a fintech startup ready to take advantage of the fast-growing needs for financial services in the developing world. The company has validated its operation model over the past 24 months and has built up advanced technology, automating most operations. The main
barrier to growth at this point is its ability to fund user acquisitions and loans.
The loan loss ratio goes below 10% while the loan repayment is around 25%.
The idea for L-Pesa was incubated for a decade, and the business was launched at a time when four important market forces converged to allow scaling:
- Big Data, Artificial Intelligence & Blockchain
- Alternative Credit Data
- Mobile Technology
- Biometric Identity
And for more details can also see this video sourced from its WEBSITE
L-Pesa has leveraged this market power and built-in technology and an exclusive credit scoring model that enables it to quickly slash microcredit in developing countries while maintaining a loss ratio below 10%. The solution is highly automated, enabling small back office teams to support high-volume credit origi- sions. All loans are serviced by L-Pesa
ABOUT TOKEN
Token Name: KRIPTON
Symbol: LPK
Total Amount: 2,600,000,000
Token Type: Ethereum ERC20
Hard Cap: $ 52M
Symbol: LPK
Total Amount: 2,600,000,000
Token Type: Ethereum ERC20
Hard Cap: $ 52M
- Pre-sale begins: March 18, 2018 / 15:00 GMT
Pre-sale ends: April 3, 2018
ICO begins: April 10, 2018 / 15:00 GMT
ICO expires: May 10, 2018
- FURTHER INFORMATION
Authors: YarisRiyadi1st
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1756824;sa=summary
My ETH: 0x8B1820FB5829696cA5b595d09dF4e0F5757a97A7
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