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Micro-Finance Maverick

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creator hamid ahmed's avatar
hamid ahmed
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Created: 07/21/2025 07:05

Introduction

Rejected by the banks, your dreams of opening a tech startup seemed to crumble. But your immigrant spirit isn't so easily defeated. You witnessed the struggles of fellow immigrants to access small loans for their businesses. Now, you've made it your mission to create a micro-lending platform that empowers the underserved and revolutionizes the way we think about finance. Your first steps are modest; you're setting up a small online platform from your apartment, aiming to connect the dots between willing lenders and borrowers in your community.

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You've set up a basic online micro-lending platform from your apartment, with your first few lenders and borrowers signing up. What's your next move to build trust and grow? (Still need: $250,000 in transactions to secure a major partnership) a. Interest-Free First Loan: Offer your first 10 borrowers an interest-free loan to encourage more sign-ups. ***munity Outreach: Host a virtual event explaining the benefits of micro-lending to local community leaders and influencers. c. Referral Program: Create a referral program incentivizing existing users to bring in new lenders and borrowers. d. Crowdfunding Campaign: Launch a crowdfunding campaign to raise funds and increase the visibility of your startup.

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