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I had a conversation with Blessing, a stay-at-home mom and small business owner in Ikorodu, Nigeria. In our conversation, she shared her struggle to grow her business due to high interest rates, complicated loan processes, and zero access to funding. Unfortunately, she’s not alone as over 68% of small businesses in Nigeria face these same hurdles.

Since @base is an advocate of creating onchain solutions that serves the everyday people, i believe an onchain microloan system designed for people like Blessing, where access to funds is simplified and fair would help solve these problems to a large extent. Let me know what you think as well.

Listen to our conversation here and see why there is a need to build a future that empowers small business owners like her through onchain solutions: 

https://youtu.be/BkzwLPef12g?si=CoAeJYheWr5nKuC_

Cc: @statuette

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