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Forwarded from GFY Phil
Sikoba aims to provide community-funded loans with much lower interest rates. ❤️❤️

#Sikoba #sikobapay #sikobaApp #SKO #IOU #informalcredit #IOUeconomy #socent #communityfunded #developingcountries #communitydevelopment #boostlocal
Sikoba platform is designed to solve the inherent issues of informal credit when it's used in an analog manner.

#Sikoba #sikobaPay #SKO #informalcredit #globalconsumers #IOUeconomy #reduceMoneyDependency #financialinclusion #boostprosperity #boostlocaleconomies
What does the term #informalcredit mean? Do you know?

Informal credit means #transacting using promises of a future #payment or of a future offsetting transaction. This method has been used in #business for thousands of years, and remains an important means of financing and transacting for a large part of the world.

#sikoba #Finance #blockchain #IOUeconomy #financialinclusion #sustainability #SocEnt