The government of El Salvador will offer cryptocurrency-based loans to small companies. Conamype, the National Commission for Micro and Small Enterprises, will be the link between the investors and a decentralized finance protocol called Acumen, that will be able to provide funding in stablecoins. The aim being to help small investors that have no credit history in the country. Small Companies in El Salvador to Receive Cryptocurrency-Based Loans Small companies in El Salvador will be able to receive funding to power their companies with cryptocurrency. The program is directed to…
The post El Salvador Plans to Offer Crypto Loans to Small-Scale Entrepreneurs appeared first on Technology Manias.
El Salvador Plans to Offer Crypto Loans to Small-Scale Entrepreneurs was first posted on January 22, 2022 at 8:04 pm.
©2021 “Technology Manias“. Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at firstname.lastname@example.org