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Indeed itโs a good idea and works too in real world. Understand this, majority of your potential clientele lives in rural India. There are individuals who lend money (for reference, sahukaars) to the people. They often take up jewellery, property papers, even property for the tenure. Sometimes thereโs no collateral but the way they recollect the payments can be horrible. You have to consider all other scenarios other than these individuals models which are in place right now to understand the pain point of the targeted users and come up with the plan to resolve this without any conflicts or minimise it.
Hey I am on Medialย โขย 1y
I am looking to raise 20 lac rupees for my business Maximum rate of interest which I can service is 12 percent per annum with a 4 year tenure ( 5 lacs back in the principal every year for 4 years) I don't have any collateral to offer but a sound bus
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Everyone can now be a programmer by simply speaking to the computer, as AI will understand various forms of input, including speech, it is becoming easier for individuals to program without the need for traditional coding skills ~ Nvidia CEO Jensen H
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Gig opportunities via urban company, Swiggy, Zomato are a blessing to the country People who complain about the pay rate are dumb to not understand that: In India 1 Million individuals enter the workforce every month and we only have 275k white col
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"Prepare today for peace of mind tomorrow. ๐ With the rising uncertainties in the world, having a secure haven has never been more essential. Iโm offering a unique investment opportunity to build a state-of-the-art doomsday retreat on prime property
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I've been using MEDIAL for the past two weeks, and after coming across several posts about startup ideas (at least two to three of which were similar to ones I've been thinking for a while), I couldn't help but ask myself: How safe is it to share you
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Meeshoย โขย 8m
Join Our Eco-Friendly Startup Team! Weโre building a team of 50 skilled individuals to take our startup from the ground level to success! If you: - Have expertise in *any one skill* - Understand business at the foundation level - Can analyze a
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Exploring Negative Interest Rate Policy (NIRP) Have you ever wondered about central banks setting interest rates below zero? This is known as Negative Interest Rate Policy (NIRP). Here's a quick look at this unconventional monetary tool: โ๏ธ What is i
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