Why can Huma Finance be the key to solving 'financial exclusion'? Let me tell you!
The issue of financial exclusion remains prevalent globally, especially among developing countries and marginalized groups.
Many individuals without fixed assets, poor credit histories, or unstable incomes find it difficult to access traditional financial systems.
Therefore, Huma Finance's PayFi network provides a brand new solution for these individuals, enabling them to enjoy financial services as well.
Huma Finance uses future income streams as collateral for lending, allowing even those without fixed assets to obtain loans.
Through smart contracts and blockchain technology, borrowers do not need to provide cumbersome collateral, making the loan process more convenient.
This innovation not only addresses the issue of a large number of low- to middle-income groups being unable to obtain loans, but also meets their diverse financing needs for daily living, healthcare, education, and more in a more flexible manner.
Additionally, Huma Finance's global operations allow it to serve underserved populations worldwide, helping them achieve a more efficient and convenient way of financing.
All of this is based on its innovative PayFi network and future income stream lending model, truly promoting financial inclusion. @Huma Finance 🟣 #HumaFinance