Steemit is the perfect tool for microfinance. If the borrower have some problems to pay back his or her loan, then he or she can post an explanation on Steemit. The Microfinance Institution will upvote its post and the loan will be pay back anyway !

This is requiring that the borrower knows how to write (otherwise he can make a video and post it on Dtube ) and have learn the tools ! How to use steemit or esteem.

The Microfinance institute have to invest $100,000 in a Steemit account to upvote the posts of its clients.

Exercice A :

This is obvious for Steemians, but how could you axplain it to a microfinance institution that do not know Steemit at all ?

Write a collaborative letter ! Make a post and link it here.

Exercice B :

Find the address of a microfinance institution in the database and send our letter, notice the comments made by the MFI in the reply of your post.

http://www.themix.org/mixmarket/countries-regions

References :

• Steemit as a platform for microfinance.
• Steemit as a platform for microfinance #2
• Steemit as a microfinance platform #4