LPK Token to empower the unbanked population
Microfinance boasts a history—centuries-long and worldwide—of answering a fundamental demand. The concept of microfinance isn’t new. However, L-Pesa microfinance most certainly is. Traditional microfinance has limited reach, and solutions have been targeted towards poor farmers and small business owners— completely overlooking others in need that represents 42% of the world’s population.
Powering A Paradigm Shift
Middle class consumers and business owners in developing countries have an unmet demand for credit, but the current financial infrastructure does not support credit underwriting.
Serving 42% of the World’s Population
The market is enormous: L-Pesa’s targeted countries contain 42% of the world’s population. This goes well beyond simply serving the unbanked. L-Pesa not only provides access to credit, but also gives the token holders a direct benefit from the growth of the L-Pesa network, by enabling users to receive weekly income in proportion to the tokens held.
The L-PESA Solution
L-Pesa has harnessed these market forces and built technology and a proprietary credit scoring model that allows it to quickly scale microlending in developing countries while keeping loss ratios below 10%. The solution is highly automated, allowing a small back office team to support high volume loan origination. All loans are serviced by L-Pesa.
A Token to Revolutionize Microfinance
L-Pesa is powered by the L-Pesa token. By utilizing the token, users will
- have access to credit
- build their credit score
- be able to pay fees
- receive weekly dividends
The more people utilize the L-Pesa token and network, the greater the benefit they receive - a truly virtuous cycle.
For LPK trading, please join l-pesa telegram group https://t.me/LpesaICO