- @solarcoach have collected Steem with a weekly invitation to upvote its posts.
- 60 SBD was send to the @thegreens (no transaction costs on Steemit!)
- @thegreens bought solar torchs for its training center inCameroon
@thegreens will paid back the micro-loan with 24 monthly paiements of 2.69 Steem representing a 5 % annual interest.
The big advantage of Steemit as a micro-finance platform is that the borrower can post articles about its activity and upvotes from the community will help him to payback its micro-loan.
There are no transaction fees for Steem transfers from borrower to lender !
Let’s multiply micro-loans on Steemit :
Follow @solarcoach weekly post :
Steemit is the perfect tool for microfinance as discribed in my previous articles :