Building connections with guarantors, NGO's, MFIs, hiring developers, experts with unsecured lending, lawyers for operating in India, register company etc.
Launch Crowdfunding platform providing Zero interest loans upto $1000 after verification by Guarantor. We will pay lenders 5% return on their investment from our side and we pay lenders principal amount from our side in case of loan default by borrowers.
This will help us to build users and trust on our platform.
Launch above functionality in India TGE, Listing of DassiCoin on various exchanges
Launch commercial collateral free loans having interest rate below market rate and lenders will receive upto 12% returns on their lending amount. Launch in Africa, Bangladesh and PNG.
Launch credit cards with interest rates of around 10% that can be used on websites like Amazon to get emi’s on products like laptops, this will also help us build credit scores of our users. Normal credit cards charge interest from 15% to 30% and not everyone has access to those credit cards.
Initial limit of Dassi credit cards will be $50 and it will keep updating based on user spends and emi repayments which can be analysed using ML and AI algorithms. These credit cards will interact directly with smart contract deployed on blockchain to transfer funds.
Launch Cross platform business using credit scores data of users. One example is providing solar panels