We support low-income entrepreneurs who have difficulties qualifying for a loan elsewhere by offering a lending model based on social-collateral and peer-support (e.g., initial loans are group loans) instead of traditional underwriting criteria (e.g., credit score, income, and collateral).
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Eligibility
Personal Credit Score: No limits Months Financial Statements: 3 Business Credit Score: No limits Years in Operation: No limits Personal Guarantee: Yes Annual Revenue: No limits Collateral: We don't require collateral Other: A borrower needs to form or join a group of at least 2 more borrowers.
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Target Geography