Topic: WISHFINANCE: SMALL BUSINESS LENDING PLATFORM ON THE BLOCKCHAIN (Read 191 times)

In most developing economies raising funds for SME start-ups comes with the double burdens of a crunching high interest rates on business loans and the crippling beaurucratic proccesses involved in accessing such loans or fundings where they exist. This is owing to the fact that most developing countries – particularly in Africa – lacks strong financial institutions and responsive governance needed to create an enabling financial ecosystem that promotes ease of access to affordable business loans for SMEs. However, one important factor that is being overlooked but can be harnessed into a sustainable funding source is the collective resource of the people – the shere power of numbers, crowdpower or what ever one may choose to call it.

It is simple knowledge that when we leverage on numbers enormous or intricate tasks becomes simplified. This is why the blockchain is such a  tremendeous force in the financial services world today– helping businesses raise millions of dollars through ICOs for start-ups by connecting people and colating their individual micro funds into a mega fund. It is therefore reasonable to say that blockchain technology can provide a sustainable and practical solution for SME financing in developing economies by powering platforms where entrepreneurs can leverage on crowdpower to raise start-up funds under flexible arrangements governed by immutable smart contracts. And this is where WISHFINANCE comes in.

WISHFINANCE is a smart contract project which aims to be a global lending platform targeting SMEs mainly. The project which can be found at  https://wishfinance.com will not only provide fast, efficient, and convinient lending services to small businesses around the globe but also provides a rewarding investment opportunity to investors who will profit over time by lending their WISH tokens to entrepreneurs. Businesses the world over, particularly SMEs can now have easy access to affordable loans whether for start-ups or business financing. WISHFINANCE is by my estimation one of the most important projects in the history of ICOs because of the huge impact it have on the global economy. It will certainly stimulate economic activities to create more jobs and raise global living standards.

This project is definitely a game changer and will turn nut a huge success in the very near future. Business loan opportunities for start-ups and small businesses are hard to come by particularly in developing countries. WISHFINANCE opens a new world of possibilities to entrepreneurs around the globe and it could be the panacea to poverty reduction globally.

One of the unique qualities of the WISHFINANCE project is that the WISH token has both utility and investment features. WISH will be the access token for portfolio managers and as well an investment instrument for holders of the coin as the exchange value is expected to appreciate reasonably over time.

Presently the WISHFINANCE project is in the ICO pre-sale stage and the willing investors can buy the WISH tokens at a discounted price. To learn more about the WISHFINANCE project simply visit the ICO ANN thread at https://bitcointalksearch.org/topic/annico-wishfinance-blockchain-lending-platform-2233216 or the Facebook page at https://www.facebook.com/wishfinance/