We are pleased to announce our next AMA on November 4th 2021 at 03:00 PM UTC Time: Satoshi Club x Credifi
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Credifi Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Credifi Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Credifi
For more details:
Credifi Website – credefi.finance
Credifi Telegram – @credefi
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
CredeFi – (Trade Finance) being aimed to combine traditional banking instruments with the aspect of decentralization, offering the full length of services to it’s customers and introducing trade finance to it’s offered services as well as lenders and borrowers not only be able to meet in a deal but also to underwrite a letter of credit or a letter of guarantee as well as factoring services. My question now is, on the loan security you mentioned, would you be requiring any collateral as security? Would such loan facility come with an interest free facility? I read somewhere on your prospectus about referral, please could you equally explain to us how this works under your ecosystem?
Credify is going to have 3 layer security.The first form of security for a cryptocurrency is protocol.
The next layer are the various exchanges.The final layer of security relating to cryptocurrency is the wallet.kindly explain the 3 layer security with regard to above points.
For TRADE FINANE, Credefi aimed to combine traditional banking instruments with the aspect of decentralization, offering the full length of services to its customers. Also, you mentioned that Credefi will be introducing trade finance to its offered services. More so, Lenders and borrowers will be able to underwrite a Letter of Credit or a Letter of Guarantee, as well as factoring services and can also meet in a deal. My question is, Since this is a plan to be carried out, When are you aiming to carry this plan out? Currently, what services are you offering to your customers? You mentioned that Credefi will be introducing TRADE FINANCE to it’s offered services, Can you talk more about this TRADE FINANCE and how it’s going to support your ecosystem?
In CREDEFI PLATFORM, I noticed that you have (2) TOKENS;
CREDI being the first one,
xCREDI being its counterpart.
CREDI act as the project’s main token. As mentioned, it is used for rewards on the platform, and this is also the token used in the token sale. However, it was designed in a way that will give it a perpetual inflation of -5% per year, depending on the overall CREDI supply. My question is, Apart from CREDI TOKEN simply being used as a reward, What other tasks does CREDI has? Can you explain more about the xCREDI token? As a user who want to get xCREDI, What is the requirement? Between CREDI and xCREDI which one is higher in your platform? How Can a user have the two token?
I read from your website that Owning xCREDI brings its own benefits, of course, including the ability to participate in the platform’s governance, provide liquidity and get rewards, or simply trade it on Uniswap DEX. My question, what are the benefits Owning xCREDI brings to a user? What rewards if some one is able to participate in the platform’s gorvenance? What does the project expects concerning XCREDI due to the LP program and buybacks?
We all know that investing in all forms of DeFi can potentially provide lenders with sustainable returns and, conversely, reliable, low-cost loans for borrowers. However, all DeFi platforms, which promise a high APY for their lenders, have a substantial flaw: they cannot guarantee the safety and profits of the bear scenario for their users. How does Credefi embrace the fundamentals of financial stability and security? Because Credefi says his approach is a solid hybrid and what will the risk / reward ratio be like?
your approach aims to almost completely mitigate the risk that everyone accepts when embarking on the journey called “Investing”. In general, most of us know that the more risk you take, the greater the potential returns and vice versa, but not all investment decisions are well-informed, entirely based on your appetite for risk. How Credefi ensures that all your users make well-informed investment decisions and what are the possible risk / reward scenarios that we may face when investing in Credefi?
CardStarter, the world’s leading incubator, launch pad and insurance program for Cardano projects, will launch the IDO for Credefi, a platform that aims to liberalize the banking sector by becoming the decentralized financial gateway for small and medium-sized companies (SMEs), providing a complete suite of financial services to meet your needs. Why did Credefi make the decision to cooperate with CardStarter for the launch of an IDO and what will the launch processes be like? What function will the funds raised in this IDO have and what possibilities are there of raffling white lists for loyal followers of Credefi?
I found out that Credefi is able to utilize real-world collateral for big business borrowers and to do this, Credefi had established a partnership with a certain European-accredited financial institution. Can you discuss more about your collateral mechanism for business borrowers? What real-world assets can be used as borrower’s collaterals? Also, can you disclose the name of the financial institution that helps Credefi in this matter?
Credifi allows users to select their preferred risk range on their investments, starting from, Low, Medium Low, Medium High and High. Each risk range varies in interest rates. Can you please explain to us the mathematics behind your risk ranges and its correlation with the interest rate percentages? Also, how would users know what risk range is suitable for themselves and their investment risk tolerance? Do you have any means of informing your clients first about investment decisions before they select their desired risk range and indulge into your services?
“Credefi connects crypto lenders with SME borrowers from the fiat economy”. Crypto lending works similarly to a hard money loan: A borrower must first put up some at-risk collateral (in most case s, a portion of their crypto) that you as the lender can seize if the borrower defaults on their payments. Usually, the collateral has to be over 100% of the amount they are borrowing. Does Credefi work this way too? If not, how does Credefi go about crypto lending? Is Credefi an accredited financial institution?
-Credefi is said to resolve the key challenges that DeFi and TradFi are facing today. Can you list some of the challenges Credefi is designed to solve and explain how Credefi solves these challenges?
-I found out that the Credefi platform has some features which include; “Portfolio lending”, “Project-based P2P lending” and “Trade finance”. Can you explain the functions of these features? What are the major differences between each of them? What are the contributions of these features to the Credefi ecosystem?
According to your roadmap;
-The events scheduled for November 2021 are “Public Sale” and “Platform launch(Phase 1)”. How many phases of your platform will be launched and when will the other phases be launched? How can use participate in the Public Sale? Will there be limits to the number of tokens a single user can buy?
-“Solana migration” is scheduled for Q1 2022. Why did Credefi decide to migrate to Solana blockchain in Q1 2022? What are the features/advantages of the Solana blockchain that Credefi is looking to benefit from?
CREDEFI appears to be both a loan asset and a collateral-based loan, as far as I can tell. So, do you have any information on whether the CREDEFI lending system has a credit scoring system? Which rules will be in effect? Is there a maximum and minimum loan amount, as well as terms, interest, and collateral?
Credefi provides loans to all of its users. What assets are you need to put up as collateral? What role do these loans play in the network’s present financial revolution? How easily may these credits or loans be obtained?
I noticed that you’ll be doing the IDO of $CREDI in Cardstarter Launchpad soon. Could you tell us more about the requirements for participation? Why did you choose this launchpad to make the initial sale of $CREDI? What exactly does it have to offer you?
How does Credefi address the key challenges that DeFi and TradFi are currently facing? DeFi decoupling has been a buzzword for a while, yet DeFi’s returns are inconsistent, fragile and evaporate in bear markets. What protocols have you implemented so that performance and investments do not fragment within Credefi?
Currently, there are not enough lenders to meet the demand for SME lending, which pushes SMEs towards alternative lending solutions. SMEs need reliable sources of credit and DeFi needs reliable and creditworthy borrowers. What is the beneficial solution that Credefi has come up with to solve the problems in demand and supply of SME loans? How will you revolutionize the way loans are obtained for the development of different projects?
While looking at Credefi’s website, I saw that Credefi has a partnership with an EU-accredited financial Institution. That being said, can you tell us more about this partnership? With which Institution are you partners with? What kind of benefits does this partnership provide to you, as a “Crypto lending for real-economy projects” platform? Also, what kind of advantages does this partnership allows you to provide to Credefi’s users they won’t be able to receive on any other similar platform? And, I was intrigued, why did you decided to partner with this EU-accredited financial Institution? Any plans on partnering with other ones in the future?
It caught my attention that one of the solutions Credefi offers is “Portfolio Lending”, where CREDI holders can lend stable coins to credit portfolios with risk profiles ranging from low to high risk. So, with that in mind, can you tell us more about this Portfolio Lending solution and how does it actually work? How can this be a solution and to what specific problem? Also, what can be considered as a profile with low or high risk? What benefits do holders receive from making this lends, especially to those profiles that are considered as high risks? What kind of reward will be worth of it? Most importantly, how do you assure this holders that take the high risks, that their lendings are safe and they won’t lose anything?
While reading about Credifi, I saw that one particular thing you are really proud about, is the security that is given to users on the platform. That being said, can you tell us a litte bit more in depth about it? You’ve said before that Credifi’s ecosystem will have a 3-layer security system implemented on the platform, so, what mechanisms will integrate this security system and form it as a whole? What kind of tests has this security system passed before to be really sure about it’s effiency? Also, why did you decided to create your own security with the combination of this 3-layer system instead of using any other security system that has been proven to be really good? What kind of benefits does this provide to Credifi and to lenders?
You’ve said that the credit portfolios will achieve APYs of 10% and higher depending on the risk appetite of the user. How exactly will this work? Can a user who likes risk simply input any high APY they would like? Or is it decided automatically by the system, depending on the risks they take? Also, is there a limit to the maximum APY that can be achieved?
What are the characteristics of traditional SME lenders that can best adapt to the decentralized financial system without dragging the failures of their system with them, in order to qualify on their white list it is mandatory to go through KYC, what are the biggest challenges to Defi and Tradefi to What must CreDefi face to achieve its stated objectives?
Credefi can act as a platform that unites borrowers and lenders, no matter where in the world they are located, but as they plan to integrate non-English speaking communities, which are really the regions or markets that they intend to dominate with the highest priority , Small and medium-sized companies are very vulnerable. Credefi has a strategy that allows them to strengthen their structure in the face of economic and political factors. social and cultural?
Through our proprietary risk assessment modules, which are part of their three-layer security mechanisms, they have developed two different dashboards that each borrower experiences when applying through Credefi. What are Credefi’s patented risk assessment modules? How does it work? What other security barriers does the Credefi platform introduce?
Credefi’s credit rating system is designed to include both quantitative and qualitative data. Each borrower undergoes a review. How does the Credefi credit rating system work? What are the qualitative and quantitative characteristics that are evaluated by said system? Benefits of this rating system?
Credefi enables decentralized and secure loans to business portfolios, protecting lenders and providing them with a fixed APY that is not correlated with the volatility of crypto markets. How does Credefi protect both lenders and borrowers? How is the fixed APY offered by Credefi?
They have already established a partnership with a European licensed financial institution, the purpose of the partnership is collateral management of real world asset promises. The name of the financial institution is Credit plus. What is the strategic benefit of partnering with Credit plus? Do you estimate to continue making partnerships with companies of this type worldwide? What benefits does this bring to the project?
Tell us a little about the partners and financial and strategic partners of Credefi, what is the balance point for all parties involved in the project to obtain benefits, that other aspects of the fiduciary economy are useful in the cryptocurrency system and especially considered by Credefi ?
Credefi’s goal in liberalizing and decentralizing the banking industry worth applauses, however we must recognize that centralized system also brings control over borrow for both parties. In a project-based P2P lending what are the instruments of control used by Credefi? Is everything given in hands of smart contracts? Are the obligations and responsibilies of each party put on paper to confirm the security of borrow? Thank you!
The CREDI token is the native token of the Credefi ecosystem, however there’s also a term xCredi populated withing your whitepaper. Please reveal the differencies between 2 term and the scope of their usage? Can both of them exist separately? What advantages does xCredi bring in terms of project participation for its holders? Thank you!
Credefi’s tokenomics is designed and inspired by industry leaders such as AAVE and SUSHI. They have implemented a 2-token economic model, which secures and stabilizes the platform, while increasing the APY for their bettors and token holders. The two tokens are $ CREDI and $ xCREDI. Why did you decide to adopt a two-token model? Advantages of this dual token model? What are the use cases for $ CREDI and $ xCREDI? Utility, Governance?
After searching on your website for the Credifi project I found that There is information on the website about plans to give quick loans. By what criteria and terms you planning to give out loans? and What is the interest rate for the loan? And what kind of collateral is needed for the loan? Do you plan to cooperate with any banks In the field of crypto ? Are there any advances in this area?
Credefi resolves the key challenges that DeFi and TradFi are facing today. DeFi yields are inconsistent, fragile, and evaporate in bear markets. DeFi borrowers are speculative and fickle and cannot satisfy DeFi lending supply. Those are a lot to problems, and many more exist and are not mentioned in this question hoe can Credefi address and solve them all?
CREDI token holders can lend stable coins to credit portfolios with risk profiles ranging from low to high risk. What is the highest and lowest risk that can be settled in a portfolio? How much can be earned with the lowesf and highest risk?
I read on your website that. the credit portfolios will achieve APYs of 10% and higher depending on the risk appetite of the user, which criterias of risk will influence on APY? How will it affect me as an investor? Can you tell me a little about the upcoming IDO? Do you have been audited Credifi project ? Haven’t heard you talk about the safety of that every investor desires, and plan to avoid insecurities under the pull of funds, scams and carpets? How strong is your security? Are you safe for scams?
Credefi will provide risk assessment and credit score data to lenders so they can take an informed and therefore more accurate investment decision. How can the risk be assessed, when would high risk be recommended?
Portfolios of lenders will achieve APYs of 10% and even higher depending on the risk ‘appetite’ of the user when setting it. As a lender once I pre set the risk of my portfolio, can I change it? Increase or decrease it according to my analysis and confidence?
I read that Credefi is a pioneering hybrid of a FinTech and DeFi solution that connects crypto lenders of stablecoins and SME borrowers in the real economy. but what are the main challenges your protocol solves and how does it protect lenders at the same time?
On you website I found that you have strategic association of EU accredited financial institutions. which gives them real guarantees. Can you tell me what financial institution you are associated with? And are you planning to reach more such associations? I read also Credefi offers loans to all users of its network. What are the assets that you have to place as collateral? What is the impact of these loans in the current financial revolution of the network? Does this loans is saf
tell us about Credefi’s features, what makes it a unique and unrivalled protocol and why users should choose it over others. tell us mainly what makes it secure, transparent, fair and really great opportunities?
my understanding is that CREDI token holders can lend to portfolios of loans with risk profiles ranging from low to high risk. So could you explain how the risk profiles are determined, are the lenders the owners of choosing which portfolio they want to lend into or do they need to have certain requirements to be able to choose from a large number of options?
on your website I have read that Credefi connects cryptocurrency lenders with fiat economy SME borrowers, So can you tell us, what assets can a user use as collateral in the case of loan application, how affordable the loans turn out to be and also could you tell us, if there is a fixed amount for the loans and if there is a credit scoring system?
The financial solutions proposed by Credefi are amazing, but I would like to know: is there any kind of geographical limitation to access your services or users from anywhere in the world can use Credefi without any inconvenience? Credefi Finance has the best financial solutions, but could you mention some of those financial solutions, can the platform provide content creators and creators with enough income to work in a good win-win environment?
You point out that Credefi aims to combine the traditional banking instruments with the Dex aspect, but will they really manage to incorporate ALL the bancasCex products to DeFi? and furthermore, will those that will be incorporated be the same or will they have to be modified?
Could you really tell us what are the key features that CreDeFi has? And how does it manage to position them above their competing projects quickly?
I read in your roadmap that this month you will end the private sale of your tokens, so could you give us more details about it? Has the IDO been done? or is it just in the process of opening whitelist?
Could you talk a bit about that bridge of current financial evaluation tools? really what use will these have? Will it be bringing these traditional finance tools and products to DeFi? or is it much more than that?
It caught my attention that they will carry out credit risk analysis in order to make fair offers, but could you tell us how they will carry out these “analyzes”? Could it be that they can deny credits to users who do not pass these risk analyzes with a certain level?
You point out that you have strategic partnerships with EU-accredited financial institutions, which provides you with “real guarantees”, but could you tell us which of these financial institutions you are partnering with? And do you plan to get more similar partnerships?
I read that credit portfolios will reach APY of 10% and more depending on the risk appetite of the user, but really what will be the risk if stable currencies are being lent? Could it be that we can be scammed in these loans?
What is the promise of credefi? how secure is the financial system of credefi and can you describe how they work? what guarantees can this platform offer to create a new vision for users to become interested and invest? in credefi how could they provide NFT users with maximum transparency so they can invest with confidence. Due to the fact that nowadays in the crypto world there are many scams, how this app could change the way of thinking of the users? What guarantees can it offer to create a new vision for the users to become interested and invest?
You point out that “SMEs need reliable sources of credit and DeFi needs reliable and solvent borrowers, so Credefi brings them together in a win-win solution”, but how useful can we really enjoy this union? will it be simply to apply for loans?
I read that Credefi will solve the major challenges that DeFi and TradFi are currently facing, but could you describe what those major challenges are and the only platform that is working on solving them is CreDeFi, or are there already other projects that have overcome them?
During the Phase 2 development plan, Credifi intends to rollout Peer-2-Peer (P2P) lending. Since the platform will venture fully into P2P Finance, can you kindly elaborate on the entire structure and nature of your P2P system, how will it be different from the ones offered by most decentralized and traditional financial institutions? Since Credifi will also allow users to evaluate and customize the parameters that enables the effective use of the P2P service, may we know the respective areas that can be customized and altered, and to what degree of customization are users allowed to explore? Finally, what are the security guarantees of the P2P Lending system?
The Credifi roadmap show that it will have a public sale and platform launch this month and by Q1 2022, it would migrate to the Solana as well carry out notable tier-1 CEX listing. Can you briefly talk on these events as outlined, what is the current state with your platform launch and public sale event? What would be the first products to be rolled out that will coincide with your platform launch? Also, may we know what prompted the decision to migrate to Solana, and should we expect more blockchain migrations and integrations as the project develops further?
Credefi will take full advantage of the decentralized finance capabilities of the blockchain, with direct peer-2-peer finance, liberalizing the process of lending and borrowing by connecting the willing parties worldwide. In addition to the collateralized loans, Credefi platform will be able to provide zero-collateral loans on a case-by-case basis.
Since it’s case to case basis, what criterias qualify a user for zero collateral loan?
How do you tend to collect loans from borrowers with zero collateral loans who fails to pay back?
Are interests on zero collateral loans higher or same with the collateral loan?
Тhe CREDI token holders can lend stable coins to credit portfolios with risk profiles ranging from low to high risk. The platform will provide risk assessment and credit score data to lenders.
What is the minimum CREDI token a user must hold to be able to become a LENDER?
Apart From Making User eligible to LEND stable coins, What are other Usecases of the $CREDI Token?
Hi there
I would be grateful if the following questions might be asked:
1. In what ways does Credifo intend to eliminate the gap between the traditional financial world and the crypto economies?
2. Countries are diligently working to launch their own cryptocurries. How does Credifi see it’s own technologically advanced and transparent platform compete in the realm of digital assets?
3. It would be helpful to understand how Credifi intends to refine its influencer marketing. How can both influencers and the public benefit and come to understand what Credifi might have to offer?
Many thanks.
Edward Daniel
You have extended the Credefi IDO registration due to large number of users requests until 04th of November, 3 PM UTC & The IDO will be strated at CardStarter Launchpad on 08th of November at 3 PM UTC. Were there lot of remaining Whitelist spots which were unsold, How about the whitelisting process that you conducted? Can you tell more details about this IDO fundraising event? How much do you hope to fundraise for the Credefi platform through this IDO? How much is the IDO price of a one $CREDI token? Since You launch the IDO on CardStarter, will there be special consideration for $CARDS token holders? Please fulfil us with valuable informations about Your IDO?
Under P2P lending options, You have promised that you will provide zero-collateral loans on a case-by-case basis in addition to Collateralized loans. This is new to me, What is this alternative Zero Collateral loans & What is the purpose of it? Should The borrowers not pay the interest back for their collateral loans? If You will not charge interest rate or certain fee for Collateralized loans, What kind of advantages will Credefi platform aquire through Zero Collateralized loans?
In the beginning of 2022, Credefi will migrate to Solana Ecosystem also while you initially prioritized the Ethereum chain. Can you give us a sneak peek about the onboarding Solana network in to the Credefi platform? How will this migration be impacted on Credefi ecosystem & Solana ecosystem, What will be the advantages fot Credefi users by integrating Solana in to Credefi platform? Will this be a forward step to become the Credefi as a cross chain solution platform? When Will you onboard the BSC, CARDANO, POLYGON networks?
SMEs need reliable lending sources and DeFi needs reliable creditworthy borrowers, so Credefi brings them together in a win-win solution.
The platform will provide risk assessment and credit score data to lenders so they can take an informed investment decision.
What can SMEs use as colleteral to collects and access loans, and what actions are taken apart from loan colleteral, if a borrower fails to return a Loan within a stipulated time?
What are the additional charges and interest for defaulting a loan repayment, and Can a borrower request for extension of Repayment period?
On what’ basis is the credit score data of SMEs and users who want to borrow stable coins calculated?
$CREDI holders will be divided into tiers depending on the holding amount and each tier will bring different benefits and utilities to the $CREDI token holder.Can you mention the number of tiers you have?How many users can each tiers contain?And what will be the exact maximum amount they need to hold in each tiers?You also said that $CREDI holders will receive additional benefits like,better rates,lower fees,access to VIP projects
and early access to features of the platform.Does this benefits apply to all $CREDI holders or only some selected few especially those in the tiers? Please kindly explain Thanks
I noticed Security is one of your top priorites in Credifi as such you have implemented a 3 layer security for your platform lenders.So how will the combination of in house proprietary credit scoring,crypto and real economy assets collateral be of great benefit in this regard?And concerning the Credefi security module you created I want to ask this, suppose a loan on the platform goes into default and liquidating the collateral proves insufficient to cover the loan principal and interest,what connection does your security module play in this regard?Will it be that the security module will reduce the risk of any loss of fund in your platform?And if a loss does occur will there be any form of compensation? Thanks
I noticed that the governance in your platform is divided into 3 phases “Start up phase”,”Community Participation phase” and “Decentralised Phase”.So what brought the idea of having 3 phases and not one?Will the Start up phase/Decentralised Phase continue on your or its there for a limited time?Will users participate in all phases or they are limited to just the Community Participation phase?You made mention of users will need to stake xCREDI in the governance module of the platform.So what is the specify amount of $xCREDI will users need to stake before they can participate in your platform government?And will this payment be a 1 time payment or whenever there is any form of voting users have to stake before they can participate?What will the token stake for voting be used for in your ecosystem? Thanks
Have you been audited? Haven’t heard you talk about the safety of funds that every investor desires, and plan to avoid insecurities under the pull of funds, scams and carpets? How strong is your security?
So, the credit portfolios will achieve APYs of 10% and higher depending on the risk appetite of the user, which criterias of risk will influence on APY?
Why do you have two tokens? What are their functions and tokenomics? (CREDI,xCREDI)
Credefi platform will be able to provide zero-collateral loans on a case-by-case basis. Who can use this service and on what terms? When offering your users zero-collateral loans on a case-by-case basis , what aspects do you focus on first?
You have indicated that SMEs need reliable lending sources and DeFi needs reliable creditworthy borrowers. Credefi has been introduced to fulfil these needs of two parties. On the one hand, what have you done to make Credefi a reliable lending source? When someone joins with Credefi as a lender, what is your procedure to assure the reliabilty? On the other hand, how do you assure that borrowers will repay without any issues? Do you conduct a background check to examine their creditworthyness?
You have mentioned that, “The lenders are entitled to the entire interest of the facilities they finance”. Does this mean that lenders can decide the interest rate as they wish? While describing the background of Credefi, you have pointed out that SMEs are currently borrowing consistently at high interest rates. Although you have designed your platform as a solution to this problem, there is no use if lenders impose high interest rates. Can you deeply explain your policy on the interest rate? Don’t you intervene in the lending process to decide a fair rate for both parties?
It caught my attention that you have mentioned about the ability to process a loan in less than 48 hours. Since Credefi is a P2P platform, each borrower should be assigned to a lender. Then how do you assure that funds will be released within a short period of time? More clearly, a loan cannot be processed if any lender is not willing to accept the borrower’s request. Do you have any reserved funds to avoid this type of situations and provide a quick loan? Moreover, please explain the initial step of applying for a loan including information on documentation.
How Credefi can promise high APY for its lenders and guarantee security + gains in a bear scenario ?
What makes Credefi on of the most innovative organizations in Europe that are revolutionizing the funding of SMEs.
As we know Credefi structured its $CREDI token to be both governance and reward generating token.
How people can receive rewards and benefits from utilizing CREDI token ?
Dear Sir/Madam my question is that because of combination through traditional banking instruments with the aspect of decentralization will it be more beneficial to your customers rather than others defi platforms?
Dear Sir/Madam monetary value of Credi and XCredi will be same or may be differ?
One of the solution of Credefi is a Project-based P2P lending
in which it will be able to provide a zero-collateral loans on a case-by-case basis. So,as you offer a zero-collateral loans ,what guarantee and assurance that your clients will really pay their loans and will not run away? If you offer a zero-collateral loans ,how would you manage to urge your clients to really pay their loan? What are the case to case basis and conditions that you will offer a zero-collateral loans to a client? Lastly,what leads you to offer a zero-collateral loans? Thank you