After years of planning, researching the microfinance model and assembling a heroes team, L-Pesa was founded in January 2014. The dream began to explode.
L-Pesa is based in Delaware and is a microfinance institution based on the idea that by affecting the increasing penetration of mobile phones, large data extensions and mobile technology in In developing markets, they can easily reach a significant number of mobile users who need immediate microloans who have never been eligible for a loan. borrow. Whether these mobile users request for a personal loan, business, or group, all are available through mobile phones. A L-Pesa user pays a timely loan and has a good credit history that can take advantage of higher loans at lower interest rates. L-Pesa brilliant idea has changed many lives.
L-Pesa - Growth of the Company
Like all business trips, there are triumphs and sorrows along the way. Today, L-Pesa is operating in two countries with an increasing number of customers over 150,000. The dream continues to expand as they plan to open branches in Uganda and India in the short term and expand across Africa and Asia in the long run.
There is no doubt that the need for affordable loans in developing countries is enormous.
About 4 billion people living in developing countries and emerging economies do not have basic financial services such as credit, savings and insurance, according to one Rabobank study. To reach this core group, not only a company needs solid infrastructure, but also access to funds. It is not saying that unsecured loans are a risky business venture that needs an appetite for risk but with the right strategy in place, the losses can be substantially mitigated and risky. can be overwhelmed enjoy.
Since L-Pesa has been launched, in Tanzania (2016) and Kenya (2017), they have issued more than 25,000 unsecured loans. For both countries, the refund rate was above 90%. The painful part is that the amount of loan issuance can be much higher if they have enough money to meet their needs and enough staff to handle loan applications for customers without a credit history. They can help life more. The bottom line is that even if our customers need reinforcement, we need a simple push to reach them.
L-Pesa ICO
Now, L-Pesa is trying to raise $ 25 million with an ICO. They believe ICO is the future for startups as they are refurbished and provide overall transparency. Do you want anything else? Better still, their customers will have the opportunity to own a part of the company and hopefully one day take part in the profit generated.
L-Pesa believes that their token, The L-Pesa Coin, will receive widespread acceptance as it is the only cryptosystem that can simultaneously address a problem in the world. In fact, they have called it "Bitcoin of Africa". They did not need a crystal ball to imagine the time when L-Pesa Coin would be chosen as the African cryptocurrency from Capetown to Cairo.
L-Pesa to create a world where L-Pesa Coin will not only be used as a medium of exchange, but also to provide Africa's advanced crypto peer-to-peer lending platform.
L-Pesa may be your way to stop talking about changing the world and starting to work. L-Pesa ICO is proceeding as smoothly and openly as possible and their super heroes are committed to bringing the best results for businesses, investors and developing countries.
L-Pesa Conclusion
I am very interested in this ICO on a personal level. I have made many trips to underdeveloped countries. This could really be Bitcoin of Africa and beyond.
I really like what L-Pesa has to say about how it can empower people who have not been liberated in the developing world.
You have a lot of time to do your work. Join the telegram group. Ask question. Do homework. I always say. Never go into anything blind and always do good through research until you are very comfortable with your investment.
L-Pesa's website has a lot of information. I would really suggest you set up a free account and take a good look around. I am sure it will answer any questions you may have. I will personally invest with L-Pesa. I evaluate this project to 8 out of 10 points.
Website: https://kriptonofafrica.com/
White Paper: https://kriptonofafrica.com/static/pdfs/L-Pesa%20ICO%20white%20paper%202018.pdf
Telegram: https://t.me/lpesaICO
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