Jean-Sébastien is the coordinator of Etika, a #nonprofit organisation which aims to promote alternative #financing and #responsible #investment, to improve access to #credit for initiatives giving priority to social and cultural utility & international #solidarity
Will #Sikoba replace the banking system?
Sikoba is not a bank replacement, it is designed to bring #credit trading back to people alongside bank money.
In Germany, until a few decades ago, promissory notes (“Wechsel”) were routinely used by #SMEs - until bank credit became easily accessible.
#SocEnt #financialinclusion #sustainability #IOUeconomy
Sikoba is not a bank replacement, it is designed to bring #credit trading back to people alongside bank money.
In Germany, until a few decades ago, promissory notes (“Wechsel”) were routinely used by #SMEs - until bank credit became easily accessible.
#SocEnt #financialinclusion #sustainability #IOUeconomy
Do I need to have a bank account or cash to get started?
No, you do not need a bank account or cash. You can simply download #SikobaPay, find other users whom you know or already do #business with, and start accepting their #credit.
#Sikoba #IOUeconomy #financialinclusion #SocEnt
No, you do not need a bank account or cash. You can simply download #SikobaPay, find other users whom you know or already do #business with, and start accepting their #credit.
#Sikoba #IOUeconomy #financialinclusion #SocEnt
How does the #SikobaPay determine user’s #creditworthiness?
Our users are strongly encouraged to grant #credit lines only to users (individuals & companies) they know and trust personally.
#Sikoba #IOUeconomy #financialinclusion #SMEs #sustainability #SocEnt
Our users are strongly encouraged to grant #credit lines only to users (individuals & companies) they know and trust personally.
#Sikoba #IOUeconomy #financialinclusion #SMEs #sustainability #SocEnt