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How do you make money providing no interest loans to the unbanked? Do you have an example of a startup like that?
by frgtpsswrdlame 9y ago
How do you make money providing no interest loans to the unbanked? Do you have an example of a startup like that?
- jdavis703 9y agoI can't name names, but the idea is you find other ways to extract the money. For example the benefit could be offered as part of a person's employment or it could be done through rev-share partnerships with retailers and consumer services companies.
- mLuby 9y agoCompanies selling to "the Unbanked" may be willing to pay a fee to someone bringing those otherwise unattainable sales to them. Not sure, but perhaps something like LendingCircle?