This proposal effectively addresses the challenge as it would encourage adoption at a grassroots level leading to a ripple effect in generations taking up the technology.

Its great to see a proposal including access to entities with connections on the ground. However the proposal itself lacks the detail on how this lending DAO will actually function. The key question in all lending endeavors is "how are you solving the issues of trust and convincing lenders they will be repaid"?

This proposal makes it difficult to understand the Solution it is providing to the challenge without extra-effort reading through the lines. The proposals Objectives clearly shows a good real world solution but lacks in clarity on various of its aspects as outlined below: The proposal did not describe what Green Lion and WADA does and did not bother to provide definitions for Abbreviations.Though a link to the Green Lion Website was provided, contents of the website only vaguely describe the operations of Green Lion, A more detailed explanation would have gone a long way in helping to understand this solution. The Solution section of the proposal stated "The micro lending DAO will be created on the Cardano network. It will manage liquidity inputs, borrower criteria, fund distribution, loan repayment, incentive coupons." , but failed to address how these input data will be captured on the blockchain (Will it need an Oracle?) or other methods applied. Due to the lack of clarity of this proposal, i can neither Agree or Disagree that this Proposal addresses the challenge .

Wada + Green Lion seek to develop self-sustaining liquidity pools for providing low cost business loans to the Ghanaian informal sector. The proposal effectively addresses the challenge where informal sector in Ghana stagnates / expands slowly because there are no low cost, efficient, reliable borrowing options

I strongly agree because i see very high possibilities of liquidations when using a margin model for micro lending. And also the proposal scale to Adress future challenges because looking at the level at which Ghanaians stagnate or expand it business in the formal sector Wada and Green Lion can seek to develop self-sustaining liquidity pools for providing low cost business loans.

In general terms, the proposal knows closely the financial and social situation of the informal sector in the developing countries. I know the problematic closely because I was born and grew up in the informal sector of my country, Colombia. Definitely, a low cost loans solution for informal business in the context of a more competitive sector, is key in the development of our countries.

An alliance between a player of the real economy (Green Lion) and an innovative organism like the West African Descentralized Alliance (WADA) can give some interesting results.

• The proposal does not provided a roadmap with clear milestones for the follow-up of the proposal.

• The proposer does not present metrics/KPIs that define the success of the proposal.

The proposal as it currently stands is only funding the first 6 months which is essentially paying for the team to come up with a plan. That's not really an auditable proposal. What is success in this instance? The proposers should develop a clear idea with deliverables and milestones on how the DAO will be established and governed, what are the incentives for lenders and borrowers, and how the loans will be managed and how the whole scheme will be marketed.

The proposal lacks clearly defined milestones and seemed rushed.A clear breakdown of timelines alongside their cost implications will greatly help in pushing this proposal in the right path. At its current state, it looks more like a quick draft and cannot be audited.

The key performance indicators (KPIs), timeline, milestone wasn't included. The ability to audit this proposal needs clearer metrics that can be easily viewed to determine if the proposal is successful.

Given the attached timelines, the proposal will be easily auditable. It would be good to include risk mitigating factors such as creditworthiness of borrowers or as with my experience as a Kenyan whose mom is in a circle or Chama, one could have a guarantor to co-sign just as an example. All the best!

Yes ! we can Audit the progress of these proposal if funded for because..

1. Has clear solutions in the body to solving the problem. 2 Has lounch date's and amount needed to start the project..
2. links and Emails are provided for you to have enough ways to track the project if funded for..
3. clearly metrics and KPIs that define the succes of the project as well.