GiVEmeFiVE

Of the 7.5 million people who have access to microcredit in Colombia, 5 million do so in the illegal market, putting their financial well-being and their lives at risk. Despite public and private incitive to overcome it, illegal market remains an attractive alternative for users who do not have easy access to the credit system.
There is still no reliable platform in Colombia, based on the collaborative economy, that provides security to ANGELES to granting loans.

We connect ANGELS AND GOOD PAYERS in an environment of trust that gives both of them financial peace of mind.

Thanks to our algorithm that rates GOOD PAYERS, ANGELS are confident enough to invest their savings in credit. We are also tracking the entire credit history, from proposal to actual payments, which provides us with valuable data on our users` credit behavior. Finally, we are using behavioral economics to identify elements that incentivize payment, combining elements of conscientiousness, social and legal embarrassment in our collections structure.

Peer - to - peer microcredit platform, where we connect ANGELS who want to do something meaningful for the world - they know that by helping others they earn money and GOOD KARMA -, with GOOD PAYERS. Thanks to our algorithm developed by Artificial Intelligence, we can qualify creditors by determining how much willingness they must pay their debts. This allows us to have a fund financed by angels who are confident and happy to extend credit.

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