https://github.com/VibhuKrovvidi/RiPay
From the Razer Fintech Hackathon 2020, Group Milobois
A platform that matches small enterprises with potential crowd-lenders from within the community, and gives these unexposed enterprises a stronger online presence.
Everyone loves small businesses, from the local bubble tea shop around the corner, to the bookshop at the near by shopping complex. These businesses are the ones that we remember, and are where memories are made. However, these same businesses are the most at risk of closure during periods of economic hardship - a situation we are currently in due to the COVID-19 worldwide pandemic.
Our aim is to help users choose to provide spare capital to these businesses to help keep them alive. This is our vision of the "vote with your wallet" idea. We want to help make this process easy - we want to be the catalyst that keep these cherished businesses alive.
We provide a platform to help connect consumers to businesses in the form of unsecured micro loans. We want to connect people with their local businesses and give them the option to support these businesses especially during tough times like we are experiencing right now (COVID-19).
Enterprises can offer a rewards for these contributions through discounts or other means - we encourage them to be creative. However, this is entirely option. But, it is recommended if you businesses want to bolster their claims for contributions.