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Replying to Avatar Fedi

25%—that’s the typical interest rate for microcredits in Togo. With a 1% rate, low fees, and community-based borrowing, the Kisaw project isn’t just achieving 90% repayment—it’s helping farmers truly thrive.

Kisaw is pooling resources and using Bitcoin to purchase vital supplies like seeds and fertilizer directly from wholesalers. And because their funds are held in Stable Balance, volatility is minimized, ensuring they’re ready when they’re needed.

This isn’t just a story about interest rates—it’s a story about how #bitcoin brings opportunity to people.

https://m.primal.net/Kksw.mov

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LightningRoulette 1y ago

I hate to say this but 90% is very low. It must be higher than that surely?

If 10% of loans default it is not sustainable

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BottleTeams 1y ago

The percentage rate on debt is the de-facto default rate on all similar debt.

If 90% gets repaid, their interest rate should be at minimum 10%.

Interest rate is literally the rate at which debt defaults.

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