Bidding for loan
Re-inventing L-Pesa lending with blockchain technology. L-Pesa wants to create a trustworthy, transparent, and most important loan platform in Africa and Asia for borrowers and lenders.
Solution
L-Pesa will then evaluate the level of risk based on Peter’s financial situation and credit history, then Maximum Interest (MIR) will be generated for Peter. This time, MIR Peter is 10% which is slightly lower than the rate he can get from the bank. After Peter’s confirmation of his MIR. L-Pesa will detail the loan request from 25% Acceptable Small Contracts for the lender to bid. You can see vidio.
Why L-Pesa
Flexible Loan
Borrower can specify the payment terms for their loans. Lender can also choose their desire risk level and terms.Diversified Risk
With the same amount of money, lenders can lend their money to a lot more people than the traditional way.Invest Globally
Allowing loans to happen from anywhere to anywhere. Without affecting the exchange rate and the interest rate.Trust Worthly
Credit record of each borrower will be immutable. And loans are all transparent and they are available to public.
For More Information:
Whitepaper: https://kriptonofafrica.com/static/pdfs/L-Pesa%20ICO%20white%20paper%202018.pdf
Website: https://kriptonofafrica.com/
Facebook : https://www.facebook.com/lpesaico
Twitter : https://twitter.com/lpesaico
Telegram : https://t.me/LpesaICO
Bitcointalk Username : tanuf
Bitcointal Link : https://bitcointalk.org/index.php?action=profile;u=1297831