Cashaa

Cashaa CEO, the legend Kumar Gaurav, a serial entrepreneur, shares his exemplary thoughts and implications on their latest microfinancing lending services. Exclusive views of the young and radiant legend are not worth to miss out. His recent interviews are getting viral. Investors feel highly positive about Cashaa’s bright future through the confident words of the founder. Kumar’s innovative ideas and extensive knowledge on Cryptocurrency has created high hopes among the investors.

Microfinancing

The concept of Microfinancing intends to lend financial assistance to individuals or groups who find it difficult to get loans from the regular banking system. People who fall under the low income group are more prone to be beneficial through this advanced funding concept. Not many individual businessmen might be aware of it; however this is an amazing financial assistance for small and medium businesses and enterprises. Through microfinancing, as small as $100 to any bigger amounts can be borrowed for developing small and growing business enterprises. Women entrepreneurs or budding business women can definitely benefit through the Microfinancing funding method.

Now, what is so advanced about microfinancing and what Cashaa is to do with it?

BlockChain and Telecommunications

Cryptocurrency is an ideal replacement for the fiat currency with no change in value but high in utility convenience. Optimally utilizing the growth and abundant development of telecommunication, e-money and e-money transactions has made sending and receiving money quite simpler and instant. Blockchain technology has eliminated the need for reaching out to banks which are remotely at a far distance and inflexible working hours, creating high inconveniences. Blockchain technology, along with the highly developed telecommunication, creates virtual banking platform by making all banking processes by just sitting at your own place.

African countries have already appreciated and acknowledged the e-money system, while also the entire world is shifting its focus towards cyrptocurrencies, as the convenience of sending and receiving money to any part of the world within minutes has made them realize the significance of it.

By having these advanced e-money and crypto currencies, the process of micro financing has been largely simplified. All you need to do is to apply for your loan request through the mobile-apps and the process happens within and on approval, the money gets credited directly to your mobile Crypto wallet. Crypto money is no different from your real money, however the utility conveniences are beyond imaginations. Just in case, if credibility is still a question you, end your worries as Crypto currencies can be completed traceable and auditable.

Cashaa’s Micro-Financing Challenges

Cashaa intends to bank the non-banking sector, however the major challenge, for now, is to educate them about Cryptocurrency at first place, only then could they learn about Cashaa’s microfinancing at the second place. Low income rural group of people might not yet be aware about the advanced Cashaa concept, which might still take furthermore time to be achieved. However, would certainly become possible, very sooner! This is a two-fold problem and needs to be step by step.

Having said about this challenge, Cashaa now plans to implement the microfinancing policies to the existing Crypto community people, because they already know all about cyrptocurrencies, bitcoins and Cashaa and very much part of it. Now, the only step ahead is to inform them about this Cashaa’s latest concept of microfinancing. This might be quite easier and effective; hence Cashaa is planning to take this as the first step for now!

Crypto will soon become the mainstream funding system, very much in the near future!!

How is Cashaa going to help Crypto Community through Micro Financing?

Cashaa is taking some real bold steps to meet the funding needs of individuals and companies, with complete transparent procedures and quick process!

Funding Companies

If you are launching any business or a company on or related to Crypto Currencies, and all you have is crypto coins with you, it is quite not possible for you to avail a bank loan that easily. That being the case, you might have to sell off all your crypto coins to make it as your fiat currency and then invest the same on your business. But actually, you know the future value of the crypto coins you have now. Now, comes in the role of Cashaa microfinancing through which you can give your crypto coins as collateral and get your loan amount in your fiat currency for your business needs. Yes, your current funding needs are completely met in time to set up your business smoothly! But remember, your crypto investment are still safe and once you finishing repaying your loans, you get them completely back to your account with all the Crypto profits as well! Doesn’t this sound really impressive! Yes, Cashaa brings in this dual treat for you!

In case, you don’t really need a loan, but looking for a credit line for your everyday business transactions, more like an OVER DRAFT (OD) in the regular banking system, yes, it is also very much possible with Cashaa’s microfinancing!

If you have invested in crypto currencies can avail a credit line/loan from Cashaa, while not loosing the future benefits of your investment. You might know that selling your bitcoins today might end up diminishing your profit amount, however you might have a sudden shortfall of money today and you may be skeptical about selling your bitcoins. In that case, your bitcoins act as your collateral, rendering which you get a loan today and after repaying your loans, you get your bitcoins and also its’ profit. How interesting!!!

Funding Individuals

Looking Fund for home renovation? Looking Fund for school fees? Need Money for sudden medical expenses? Any other quick need of money? Cashaa’s micro financing is absolutely for you too! All you need to do is to make your crypto investment as collateral and get quick loans through Cashaa. Your crypto assets not only helps for your future, but also helps your funding needs today, by acting as collateral.

The best part of it being both individuals and businesses can avail this advanced funding system.

You can get money for your current needs and also enjoy your crypto profits in future!

How Cashaa’s microfinancing lending services stands exclusive?

From the existing microfinancing options is that others get paper documentations as proof which are quite easy to manipulate, this ensures proper data verification and complete transparency throughout the process to ensure legitimacy. People at both sides of the transaction can be aware of the complete process nullifies the scope for fraudulent data submissions to get fake loans.

Cashaa’s Microfinancing Empowers Women

Kumar’s interest towards women empowerment is well showcased here, as female entrepreneurs and individuals have the benefit of availing this microfinancing loans. As a future of Cashaa’s micro financing, women from rural background who are looking forward for financial assistance to empower their career and family would be given the full benefit of it. As of now, Cashaa’s micro financing is targeted within the crypto community, but soon it will break the walls and spread all through the globe.

Ultimate goal of Cashaa’s microfinancing is to make Cashaa reach end to end across the globe, especially in the rural background, because Cashaa believes in ‘banking the unbanked’. Unlike urban class people, villagers find it a tedious process to avail for a loan, regardless of small or huge amounts. Hence, to put an end to this, and to make banking and financing easier and simpler even for villagers, Cashaa’s microfinancing is being brought in place. This is a community-driven concept which breaks all banking niches and making funding a smooth-go easy process for all communities across the world.

Commencing, for now, in Europe, this advanced micro financing concept will next reach out to India. In a country like India, a minimum of 300 to 400 millions of remote peoples could potential benefit through Cashaa micro financing.

If you find yourself excluded from the mainstream banking methods and you are left with no clues for getting funding assistance for developing your business, this is the right platform for you! Spread the word to the society and empower your peer circles as you are getting empowered too!

Cashaa is the future of banking!!!

Listen to the brilliant interview here https://www.facebook.com/investingdotcom/videos/1518967704880470/

Kumar Gaurav needs no introduction in the buzzing financial world today, however just in case if we have a new reader here, this is for you:

Kumar is an Indian serial entrepreneur and business magnate who was awarded with an extraordinary status by the United States government and is amongst 100 most influential people in the world excelling his ideas with the growth of freshly emerged blockchain technology. He is currently the CEO of Cashaa and the Chairman of Auxesis Group.

With his vision and transparency, Auxesis Group and Cashaa, are both ranked amongst the world’s top 100 blockchain companies.

Kumar is a popular international speaker and an emerging tycoon who has grown his own suffix of technology and was invited at IIT, TieCON, TechCrunch, government, parliament and many conferences, government forums and platforms across the globe. He was recently nominated among the World’s Top 50 Innovators from the Industries of the future market and tech era.

Whitepaper: https://cashaa.com/pdf/cashaa.pdf

The Cashaa Roadmap: https://cashaa.com/roadmap.php

The Cashaa Team: https://cashaa.com/team.php