How it works
A shared pool, built around people who belong.
An organization brings its people together. A pool supports their financing needs. The software helps them manage requests, repayments and the rules they share. Here is the model we are building, starting with our cooperative in Siargao.
An illustrative journey. It does not turn planned features into available ones.
Six things to know
The model, step by step.
Each statement describes the intended product. Every article labels what exists today.
The organization provides the financing.
A participating organization establishes the pool and supplies or gathers the capital under its lawful structure. The platform applies the published rules and keeps the records of what happened.
Participants enter through a defined relationship.
The organization and its rules set eligibility. Not every visitor can borrow; access runs through an eligible relationship with a participating provider.
Terms follow the applicable rules.
Members should be able to inspect their terms and schedule before committing. The first program's operating rules are being finalized; no loan terms are published on this site.
Activity is recorded and can be checked.
Verification is currently exercised in testing rather than in live operation. Operational member records are planned, not live.
Repayment, hardship and losses have defined treatment.
Each has its stated handling in the rules, including the limits. Hardship handling is written in advance and time based rather than discretionary.
Members can build more than a borrowing history.
Our aim is to combine financing with saving habits and member education. Eligible members may also contribute capital and share in the pool's results under its rules. Repayment and participation can build a record that informs future access, not a promise of a larger loan.
Funding rights and risks depend on the legal instrument. No returns are promised. Software fees are separate from the costs and terms of borrowing.
What this does not mean
- Not a bank, and not a deposit product.
- No deposit guarantee, and no promised return.
- Not a public loan marketplace. Access is through participating organizations.
- No token offer, and no token requirement to participate.
- No hidden rule changes or promised outcomes. Decisions and corrections must be accountable.
The versioned protocol documents define the rules and the mechanics. This page explains the intended experience and does not amend those documents.
See what comes first, and what comes next.
The roadmap starts with a small cooperative program. The documentation explains the responsibilities behind every step.