Is your community's access to cash and banking limited? #sikoba can help you do more business together!
#reduceMoneyDependency #iouEconomy #unbanked #boostLocalEcomonies #financialInclusion #socent #tech4good #SocialEnterprise
https://youtu.be/ZvkGNWAUu84
#reduceMoneyDependency #iouEconomy #unbanked #boostLocalEcomonies #financialInclusion #socent #tech4good #SocialEnterprise
https://youtu.be/ZvkGNWAUu84
YouTube
Using Sikoba to Reduce Money Dependency
Maria and Abi are business owners in the same community. By granting each other credit lines and using IOUs, they can reduce the amount of cash they need to transact with each other.
For more information: https://www.sikoba.com
For more information: https://www.sikoba.com
#sikoba IOUs can help new #entrepreneurs to #reduceMoneyDependency and start their businesses, especially in underbanked and #unbanked communities.
#iouEconomy #boostLocalEcomonies #financialInclusion #socent #tech4good #SocialEnterprise #startup
https://youtu.be/a6U0YeNJfJU
#iouEconomy #boostLocalEcomonies #financialInclusion #socent #tech4good #SocialEnterprise #startup
https://youtu.be/a6U0YeNJfJU
YouTube
Using IOUs Without Mutual Trust
Lee is a well known and member of the community. Tara has just started her business.
Although they do not trust each other equally, they can still both use Sikoba IOUs to reduce their dependency on money.
For more information: https://www.sikoba.com
Although they do not trust each other equally, they can still both use Sikoba IOUs to reduce their dependency on money.
For more information: https://www.sikoba.com
Is your community's access to #cash and #banking limited? #sikobaPay can help you do more #business together!
#reduceMoneyDependency #iouEconomy #unbanked #boostLocalEcomonies #financialInclusion #socent #tech4good #socialenterprise
https://youtu.be/ZvkGNWAUu84
#reduceMoneyDependency #iouEconomy #unbanked #boostLocalEcomonies #financialInclusion #socent #tech4good #socialenterprise
https://youtu.be/ZvkGNWAUu84
YouTube
Using Sikoba to Reduce Money Dependency
Maria and Abi are business owners in the same community. By granting each other credit lines and using IOUs, they can reduce the amount of cash they need to transact with each other.
For more information: https://www.sikoba.com
For more information: https://www.sikoba.com
Sikoba’s fuzzy clearing mechanism enables tallying & offsetting of debts and credits on a rapid and ongoing basis. As a result, #money is only needed to repay residual balances rather than the full financial value of all trade. Therefore, much less money is needed for the same volume of trade.
https://youtu.be/DR8NyJl1Sjg
#reduceMoneyDependency #iouEconomy #unbanked #boostLocalEcomonies #financialInclusion #socent #tech4good #socialenterprise
https://youtu.be/DR8NyJl1Sjg
#reduceMoneyDependency #iouEconomy #unbanked #boostLocalEcomonies #financialInclusion #socent #tech4good #socialenterprise
YouTube
Clearing - Disappearing Debts
Clearing — the same tallying and offsetting of debts and credits that was historically done at village fairs and trade fairs — but on a more rapid and ongoing basis. The result is that money is only needed to repay residual balances rather than the full financial…