L-Pesa Mobile banking services exceeded the limit
What is L-PESA?
L-Pesa creates a blockchain-based, smart contract loan that allows people on the internet to grow their business and become a growing entrepreneur. Visionaries expect to take a loan in ether or Bitcoin and then participate in the L-Pesa curative market facilitating peer-to-peer lending: the first crypto loan service in Africa.
L-Pesa Service begins with the knowledge that we can reach a large number of mobile users. We desire to impact Kenya, Tanzania and other African countries, as well as create and establish branches across Asia. We intend to offer every mobile user access to their account so that they can move funds at home and abroad without danger of loss during the trip. Our hope is that credit card charges and theft opportunities will be avoided. Through services like Mobile Banking, business and personal transactions will be faster, safer and more convenient. We aim to make your life much simpler with a money transfer service that takes less than 5 minutes.
Alokai Token
L-Pesa is not a charity. L-Pesa is purely a business. Being a business gives us certain freedoms that charities do not have. As a business we have to provide a return. In facilitating microfinance, we have to be extremely efficient; the cost of
doing a $ 1000 loan is the same as $ 100, and due to operational costs, banks and financial institutions are limited in how low they can go. Blockchain brings transparency and efficiency, and it drastically reduces the operational costs, making the small lending viable. Tokens are efficient transactionally over fiat, so they are more appealing to the L-Pesa target
market, and they also assist in building a community and creating a network effect.
We have been doing it with fiat as an existing operation; blockchain will allow us to expand our reach and lower our costs. Bank financing costs do not allow us to reach the people at the bottom who need it the most. Expanding operation by virtue of expects to make or not because they have been deemed "not profitable"
L-Pesa was founded with the vision to improve people's lives through efficient access to credit and related financial services. Ron Ezra Tuval, the founder of L-Pesa, has spent most of his career working in developing countries and recognized about a decade ago that the most effective way to improve people's lives is through access to credit and related financial services. Since founding L-Pesa, Ron has been singularly focused on achieving this vision. It's about making the world a better place for everyone. L-Pesa started offering microfinance services in Tanzania in 2016 and has grown its service offering and geographic footprint at an increasing pace in pursuit of this vision.
L-Pesa Team
◆ Ron Ezra Tuval → Founder and CEO
◆ Bo Henriksen → CMO
◆ Tamir Hodorov → Legal Advisor
◆ Paulii Good → ICO Social Media & Marketing Advisor
→ ICO Social Media & Marketing Advisor | CMO at Coinvestors
◆ Bogdan Fiedur → Blockchain Advisor
◆ John Petersson → Fintech Advisor
◆ Steve Good → ICO Advisor,
→ Digital Strategist | Cryptocurrency Expert & ICO Advisor |
→ Founder-Coinvestors.io | Keynote Speaker (Microsoft)
◆ Shaun Saunders → Founder at Graffiti Creative Group
◆ Shaun-VP Sales → ICO Tables "White Rabbit"
Mitra L-Pesa
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