valiDebt

valiDebt

validating debt records for the unbanked in Africa.

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Most unbanked people in the developing world today have challenges validating peer to peer credit transaction, keeping these records and following up on these transactions.Validebt via WEB and USSD gives them a platform to record these transactions & follow up
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What do you think? …

Willy tanui
1. Most of us engage in peer to peer lending and sometimes are too scared , ashamed or even forget to ask to be paid back. Whether its cash or goods/services. 2. Imagine that shop keeper, retailer or bar tender that gives items or drinks on credit to regular customers and records them in a book. These could pile up and some could never be recovered. - Validebt seeks to protect them. All records are created before any credit is issued both via a webpage or USSD for those with poor or no access to the internet. Alerts are then issued for approval by the debtor/ person requesting. Both creditor and debtor can both view this record and update where necessary.