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Hey everyone! I'm developing a fintech app with a unique concept: offering 0% interest loans to users. While this sounds great for borrowers, I'm seeking your input on the biggest challenge - ensuring loan repayment. Here's the idea in a nutshell:

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Shivam Malhotra

Stealth • 7m

Actually this is not a proper loan, idea is something like this if you heard about something kitti or kameti like system example if there is a group of 10 people all they have to contribute 1000 per month any member of the group will get pooled amount every month so the main problem is if a user get pooled amount on first month if they will not pay 1000rs from next months so other users will not able to get the whole amount, i want everyone will pay 1000 rs every month without doing any scam and the earning system is little bit commission as per the the amount the one who get pooled amount will have to pay a little commission not much

0 replies1 like

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Hey you need money and we will give you 5% return per month on it, minimum amount is 5 lakh....

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How about starting an fintech startup related to marriage businesses Where subscribers need to pay the premium every month for their policy of their own respective money and claim the amount on their particular year. As like as insurance companies.

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