SOFIN: The New Loan System in the Industry

Loans are the essential part of life for different reasons but not everyone can get it due to certain obstacles and barriers. The most popular loans to improve the quality of life are education loans, paycheck loans, car purchasing loans, mortgage loans, business set loans or may for any medical loan. Borrowers need to follow strict terms and conditions after verification process to apply for loans from banks or other financial institutions. Even after following stringent steps of verification and loan application, individuals or organizations have to wait for weeks, even months and still there is no assurance of getting loans. So, an alternative system was essential to be developed and introduced in market which cannot only eliminate the hurdles in getting loans to achieve the set goals but can also give access everyone around the globe to all financial resources without any discrimination (https://sofin.io/docs/whitepaper/en).

SOFIN believes in equal rights of getting money for borrowers from every corner of the world. Our team thinks that everybody has the right to improve his or her life by attaining the amount of money he or she wants to. Moreover, borrower must be facilitated to lend money on the terms and conditions feasible for him or her. SOFIN has been designed to give loans without the discrimination of borders or political barriers, to allow easy and early access to all financial resources for the people of 3rd world countries. SOFIN has the vision of addressing the basic and fundamental needs of common people and organizations while providing a decentralized system to them and the terms and conditions are finalized after the mutual agreement of both parties involved in the process without the interruption or involvement of any intermediaries (i.e. banks or other financial institutions). Borrowing money or taking loans only easy terms can solve a lot of common issues recently being faced by the society such as creating new job opportunities, increasing growth turnover and improving the life quality of common people.

In different countries of the world, there are much uncompromised terms and conditions for borrowers such as in Russia, banks normally don’t give loans to small businesses. Banks require a lot of legal and bail affirmations to release the desired amount by the applicant and most of the time, it is almost impossible for a common person to meet the requirements of the financial institutions and SOFIN is the solution of all such issues.

Another important goal of a common man is to invest his money in some system with least risks associated with it. Here, we are helping these people to accomplish their aims by providing them opportunity of investing in SOFIN as bank deposits can hardly pay any profit so with SOFIN, stakeholders and individuals can invest their savings without any fear.

Note: Main ICO (Initial Coin Offering) event has been started and the system’s token have been introduced for the investors from all over the world. The token sale will remain open till 29th December 2017. Rush to grab this unconventional chance to participate in our unique loan system (https://sofin.io/).

Additional Information

Website: https://sofin.io/
Whitepaper: https://drive.google.com/open?id=0B-Mzf44S_dQMeEliOWhodUVDZTg
Bitcointalk.org username: mwaqar17
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1148618