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How to prepare to ask for a loan? A guide for unbanked

https://www.AssetStream.co. Learn how you can overcome the fear of asking for a loan and how to prepare to borrow money on an innovative platform. 1.7 Billion Adults Globally Need P2P Microfinancing. High Yields With Controllable Risk On the Blockchain. Token Sale Starts May 27th. Join Now. https://www.AssetStream.co

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How to prepare to ask for a loan? A guide for unbanked

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  1. Bringing Blockchain-based Banking System to Reality AssetStream.co Microfinancing Situation A combined value of approximately $200 billion is being managed on top of blockchain - a revolutionary technology that has been around for a decade. Microfinancing has been hailed as very successful in enabling the poor to access credit and other financial services. One of the blockchain microfinancing use cases is AssetStream, a P2P lending platform with a global reach to the unbanked and established partners as agents. How does the AssetStream platform work? AssetStream, together with its strategic partner ‘CreditOK’ which specializes in credit scoring, will conduct due diligence for both individual and business types of borrower . Credit Rating and Credit Scoring measures the probability of the borrower’s ability to repay both principal and interest. The ‘Credit Rating’ AssetStream provides to ‘PICO Finance’ is very straightforward, as it will happen according to their published financial reports as a financial institution. Every punctual payment or fulfilled commitment will immediately affect the credit rating/scoring in a positive way. Another problem the blockchain solves for the micro-financing platform is improved security at a low cost. Last but not least, the blockchain allows agreements written in code that self-execute according to predefined conditions. What does AssetStream get from a conventional banking model? AssetStream incorporates many useful things from the traditional banking model. Regulatory compliance is ensured through partners and agents. Loan commitments may be enforced through the judicial process in specific countries. What is unique about AssetStream? Borrowers and lenders share value across borders, in a low cost and secure way, while at the same time observing all the laws in the countries it operates. Head over, sign up now and become one of the first to have the blockchain-based microfinance experience. You can borrow or lend on the platform without crossing geographical borders. 1.7 Billion Adults Globally Need P2P Microfinancing 1AST = 0.01 USD Token Sale Starts May 27th Powered by Stellar High Yields With Controllable Risk On the Blockchain Join Now AssetStream.co

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