Everyone deserves credit.
We are on a mission to amplify community finance by mapping, supporting, and capitalizing social credit networks in communities.
Giving Credit is a fintech social credit network for community finance
Giving Credit is a social credit network that amplifies peer-lending by bringing transparency to informal lending networks and protecting peer-lenders against loan loss through loan guarantees.
The financial system fails to meet the needs of low-income communities
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Mainstream Finance Excludes People
19M housholds in the U.S. are underbanked and 6M are unbanked
45M people in the U.S. are credit-invisible
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Alternative Finance Extracts from People
Payday lenders extract $9B from low-inom communities of color annually, charging interest rates up to $600% APR
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Community Finance Invests in People
People turn to their social networks and engage in community finance.
Faced with financial exclusion, people bank on one another.
We simply call this community finance.
$89B is loaned between friends and family in the U.S. annually
