That which we discovered is the fact that specially in metropolitan communities, there’s this rich tradition of men and women
Coming together and lending and money that is paying. In academics, they call this a “rotating credit relationship. ” Informally, it is called tandas in Mexico or susus in Africa — it is a phenomenon that is worldwide been occurring for millennia. Exactly What we’re doing is acknowledging the experience for really exactly just just what it really is, that is an economic task that is casual. Just just just What we’re doing is merely formalizing it, so that activity can be reported by us to your credit agencies. By doing that, we’re people that are helping or enhance their credit scores. Because they build credit that is perfect, we’re setting up doorways of possibility to the financial market that otherwise they might n’t have.