☮️Building a Co-operative Credit Community
To build a community focused micro-financing system to empower MSMEs and Entrepreneurs as part of social responsibility and upliftment of citizens.
In developing areas of the world with very little economic structure, many activities are not monetized. In other words, money is not used to carry out these tasks because the people in these areas do not have the expendable funds required. In order to combat this problem, micro financing has become increasingly more apparent in these areas of distress. Microfinance is an economic development strategy that allows for those in need to borrow actual money in order to start a business, go to school, or even gain access to everyday living requirements. Microfinance has made tremendous strides over the years, but still faces several obstacles including regulation, loan strategies, and loan consumption.
More on this coming soon. [TBD/A]
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