Aaacha

AAAcha.eu is a risk mitigated platform based on a shared economic model. The platform allows one to share one’s capital to reach to communities that do not have access to the traditional forms of banking.
Billions of people do not have access to banking however they do have access to mobile phones. Currently over 8o% of the world have mobile phones.

With almost everyone having access to mobile phones we can provide banking facilities via their phone. The traditional way of banking is too expensive and inefficient as it requires building branches, employing hundreds of staff. The operating cost as % of outstanding loans stands at 7% for traditional banks according to a report by McKinsey; Liberum.

In developing economies borrowers pay unto 100% interest rates with money lenders. Leading to life time of indebtedness, slavery and high suicide rates among borrowers.

We on the other hand have low operating costs, minimal regulatory constraints and a data-driven model, we are giving borrowers easier access to credit, and answer the needs of yield starved investors who get almost no returns on their savings.

How does it work:
AAAcha appoints agents in small geographical areas in high growth economies.
These Agents make a selection of borrowers, We list these borrowers on our website www.aaacha.eu

The investor lends their money directly to these borrowers. AAAcha.eu does not make a fund and then disburse the amount. The investor has to lend the full amount the borrower is looking for. It is a direct 1 person to 1 person lending.

We act as a internet marketplace where you can invest in entrepreneurs whilst benefiting through our risk mitigation strategies. AAAcha.eu believes in full transparency our agents can always be contacted by the investor. The investor can speak directly to the borrower as well.
AAAcha.eu does the credit-scoring, we only select people who already have a source of income and are able to pay back the loan.