THE L-PESA PROJECT
INTRODUCTION
L- Pesa is a company that has validated its operating model over the last 18 months and has built up the technology of calibration, automating most operations. about 25%. There are four important market forces gathered for scaling. Among them are Big Data, Artificial Intelligence and Blockchain, alternative credit data, mobile technology, biometric identity. However, traditional microfinance has limited reach, and the solution is targeted to poor farmers and business owners small. The middle-class consumers and business owners in developing countries cannot apply for credit, but the current financial infrastructure in these countries
ABOUT PROJECT
The L-Pesa project is a crypto financial exchange platform. L-Pesa will enable African residents to not only use money transfer and withdrawal services but will also provide the opportunity to receive micro-loans without filling out a large number of documents, avoiding the long wait for a response from the bank. All you need is to have a phone with a mobile app.
This project is capable of making a truly revolutionary breakthrough. That's why participation in ICO L-Pesa can be a very good investment. The team will release their own Kripton token, which has all the chances for a great future. Perhaps the truth is in the creator's statement: "L-Pesa - bitcoin for Africa" is. Therefore, everyone can join the company.
The current marketplace presents a number of issues including:
Underwriting. Traditional consumer and business credit reports used for underwriting loans in developed countries are generally unavailable, and loans without underwriting rights will result in high loss ratios.
Lack of bank credit. Traditional bank loans are not widely available in developing country residents.
microfinance only targets agriculture only on traditional microfinance institutions that typically provide loans to poor farmers in rural areas. Middle class consumers
do not have access to microfinance
Outdated Operating models of banks as well as microfinance institutions are already high overhead costs, struggles with lack of data for underwriting loans, and generally fail to be taken
advantages of new technology
Microfinance is targeting the poor only to consumers, farmers and small business owners in Indonesia. Developing countries above the lowest poverty levels have little chance of getting credit.
Most consumers are un-banked. Many consumers, farmers and small business owners in developing countries do not have bank accounts.
BENEFITS OF THE PROJECT
Users register accounts in L-Pesa, often in response to social issues media messages or SMS marketing messages.
Over time, L-Pesa expects a large number of accounts to come from existing user referrals.
Users add documentation to their L-Pesa account, usually
identification documents such as driver's license or passport
Users register accounts in L-Pesa, often in response to social media messaging messages or SMS marketing messages.
Over time, L-Pesa expects that a large number of account openings will come from referrals from existing users
Users apply for initial loan, usually for local equivalent to $ 1.00. In many cases, this app automatically
The next loan application is handled in the same way: automation Based on the user's credit score is the key to success and scale
Once the loan is approved, the disbursements are processed in real-timemobile money services such as M-Pesa or Tigo Pesa.
Users are given a payment plan and are expected to do regular
loan payments. Repayment is also made using mobile money service.
Users can make prepay without penalty. Payment arrears will be impact the user's credit rating and will generate automated messages to the user.
Handling delinquency is very efficient, resulting in a loss ratio of less than 10%.
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Advantages
L-Pesa customers have access to affordable financing options
helping them improve their lives
Provider of third party capital L-Pesa may use its capital get interesting results
Shareholders and employees of L-Pesa can obtain reasonable returns on their investment and workforce
ABOUT ICO AND TOKEN SALE
Token name: KRIPTON
Token ticker: LPK
Owner Token: L-Pesa International Business ltd., Gibraltar.
Financial Auditor:
Token type: Ethereum ERC20
Total Token issued: a maximum of 3,200,000,000. The final amount
the token created will be calculated according to the final contribution amount.
The final number will be issued at the end of ICO.
Bonus: during the pre-sale period, the participant will be eligible for
the following bonuses:
A. Tier1 - During the first 4 days - 15%
b. Tier2 - Over the next 14 days - 10%
c. Tier3 - Over the next 28 days - 5%
d. Tier4 - Over the last 14 days - 0%
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for more information visit
Wedsite: https://kriptonofafrica.com/
whitepaper: https://kriptonofafrica.com/static/pdfs/L-Pesa_ICO_white_paper_Jan_7_2018.pdf
ANN: https://bitcointalk.org/index.php?topic=2873068.0
facebook: https://www.facebook.com/kriptonlpk/
telegram: https://t.me/joinchat/HbNNkBLQJkw7765Ri7tg7w
twitter: https://twitter.com/LPesaMicrofin
Author: https://bitcointalk.org/index.php?action=profile;u=1019190