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Divyansh Gupta

Founder @Internspace... • 11m

Hello medial community, please valudate this idea: Imagine you or a loved one suddenly needs severe medical attention, but you don't have the money to pay for it right away. In India, many families face this challenge because they don't have health

Shriharsha Konda
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Start.io - A Mobile Marketing and Audience Platform • 11m

In case the person defaults, what would be the recovery plan ? Book loss ?

2 Replies

Replies (2)

Divyansh Gupta

Founder @Internspace... • 11m

Umm…. The recovery methods go wild in india you know🙃...but will have to plan for reducing risks by considering various factors and limiting the max amount.

Vivek Agarwal

Explorer • 11m

It would have to be a pooling system ofc, because otherwise the risk is too large. The target should be to minimise risk, and earn that extra 3% which will happen on scale. Initial 1,00,000 lenders is the biggest challenge in my opinion.

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