L-Pesa ICO – Microfinance Powerhouse

in #blockchain7 years ago

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The modern concept of cryptocurrency is becoming very popular among financial investors. And one of the best ways to invest in cryptocurrencies is to get onboard an ICO. ICO can be defined as a form of crowdfunding which came outside of the traditional financial system. It is one of the efficient ways for companies as well as individuals to fund their projects. There are many ICOs have been developed with different characteristics or factors. L-Pesa is one of the ICOs based in Africa and Asia.

What is L-Pesa?

L-Pesa is Africa’s first financial technology platform that provides crypto loan service in Africa. L-Pesa has grown around its spotlight with the development of this platform and is taking progressive finance to the next level. Founded in January 2014, Delaware, they claimed that they have over 150,000 valued customers and the number is still growing.

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Success Rate

The success rate of L-Pesa is really very impressive. They have stated on their blog that, they have more than 25,000 unsecured loans and more than 90% of people have successfully paid them back. And only 10% (less) people were out there who failed to pay them back or didn’t pay on time. The success rate is more than 90%, which is a really very good start.

L-Pesa Potentiality

L-Pesa is designed and developed in a way that it is capable of generating funds. The more people buy the L-Pesa Token (LPK) (called Kripton) the more money the company will have to loan out and hire more people to expand their company over the world.

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L-Pesa ICO is providing microloans what regulated banks aren’t providing. So, people who are willing to receive microloans are coming to L-Pesa and getting their request done. And the list of people is growing day-by-day.

L-Pesa Security

When it is all about money, everyone’s main concern is the security. Like blockchain, L-Pesa is a secured platform as you are dealing all of the loans and transactions with the help of blockchain.

The offers L-Pesa providing is really amazing for people who are in need of microloans or the financial investors. As a result, more people are joining and investing their money, and more people are getting help with microloans. There is a huge potentiality of L-Pesa ICO in the future. So, if you are looking for microloans or you want to invest in L-Pesa Kripton, just visit their website and get registered.

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