funded
Migrate nano-credits to Cardano
Current Project Status
In Progress
Amount
Received
Received
$19,896
Amount
Requested
Requested
$24,870
Percentage
Received
Received
80.00%
Solution
We’re giving loans to the informal economy; our collaborative credit score is better at assessing risk & our default rate is 2x lower.
Problem
The current financial system doesn’t know how to trust the underserved. High default rates, and no trust in legacy institutions.
Addresses Challenge
Feasibility
Auditability