Finance Freedom - ROSCAcoin
The ROSCA method is a period in which a group of people decide to blend together and define the purpose of borrowing and lending. Homicide is a kind of a combination of banking and homosexual lending services.
According to Wikipedia writers; "FJA Bouman defines the ROSCA as" the bank of the poor, the money that has not been idle for a very long time and that has swiftly changed hands, meeting both production and consumption purposes " ), Cundinas in Mexico, ayuuto in Somalia, hagbad in Somaliland, susu in West Africa and Caribbean Islands, hui in Asia, palawugang in the Philippines, Gam'eya in the Middle East, kye in the south korea, tanomosiko in Japan , Pandeiros in Brazil, juntas in queen or quiniela in PEru, Roata in Romania, and Endonesa, etc. It is an informal economy for poor people to borrow money for their needs, and the recycling of money is not always guaranteed.
According to Wikipedia writers; "FJA Bouman defines the ROSCA as" the bank of the poor, the money that has not been idle for a very long time and that has swiftly changed hands, meeting both production and consumption purposes " ), Cundinas in Mexico, ayuuto in Somalia, hagbad in Somaliland, susu in West Africa and Caribbean Islands, hui in Asia, palawugang in the Philippines, Gam'eya in the Middle East, kye in the south korea, tanomosiko in Japan , Pandeiros in Brazil, juntas in queen or quiniela in PEru, Roata in Romania, and Endonesa, etc. It is an informal economy for poor people to borrow money for their needs, and the recycling of money is not always guaranteed.
In the world, 1 billion people (or 17% of all adults), especially in developing countries, use the ROSCA system to accumulate, borrow and support one another and create their own reliable communities. Nevertheless, 39% of the world population, that is, more than 2 billion people do not have a bank account. They need help when they want to borrow money or when they want to borrow money. There is an irony here because banking services serve wealthy people rather than poor people. If you prove that you do not need the money to the bank, you can get a loan. People who do not have a bank account, people who do not have a good salary, or who have a bad credit score are not able to get financial support from banks in the classical finance system. In fact, these are the people who need the most financial support.
The global market volume of the ROSCA system is $ 500 billion, as well as yearly. This account corresponds to 10% of the total gross national product of India. Meanwhile, the lending of wife to wife has grown rapidly, reaching a market share of $ 70 billion annually.
The global market volume of the ROSCA system is $ 500 billion, as well as yearly. This account corresponds to 10% of the total gross national product of India. Meanwhile, the lending of wife to wife has grown rapidly, reaching a market share of $ 70 billion annually.
With the Rosca system, all of this livelihood lending and money accumulation work will be moved to block-chain technology, creating a reliable and transparent ecosystem.
For more information about ICO;
Websites: https://roscacoin.io/
Whitepaper: https://roscacoin.io/wp-content/uploads/2018/03/Roscacoin-Whitepaper-V1.0.pdf
ICO Guide on bitcointalk: https: // bitcointalk. org / index.php? action = profile; u = 1618343
For more information about ICO;
Websites: https://roscacoin.io/
Whitepaper: https://roscacoin.io/wp-content/uploads/2018/03/Roscacoin-Whitepaper-V1.0.pdf
ICO Guide on bitcointalk: https: // bitcointalk. org / index.php? action = profile; u = 1618343
Author by: familyforever
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