Let’s get it started!
The most important milestone passed: our first real deal made today.
The paradox of today's financial system is that young and talented entrepreneurs, who should be the driver of Economy, usually facing dozens of difficulties while attracting funds from the banks. The mission of our team is to give an opportunity for those people to reach their goals. And we are really happy to officially start this activity!
Our first deal is set between Karma.Rus, Llc. and Nice Vibes, Llc.(Affex shoes), the first shoe lifestyle brand in Russia. The company focuses on developing and selling high-quality shoes. It is based on the philosophy of love of the brand’s creators to their brainchild and to life in general.
Shoes of this brand are practical, suitable for any season, style and wardrobe.
The deal has been signed for 1 year with 22% rate in RUB with 5mln. RUB credit body. This working capital will be used to increase production and scaling the sales. Currently it is very difficult to take such a loan from banks in Russia with rate under 25%. Affex shoes was one of the first clients of our p2p-fund, working since 2014.
Here are some screenshots from Karmma platform (production version https://app.karma.red)
Karma blockchain explorer link for this deal
Thanks a lot to the Karma team and to the blockchain delegates for quick chain updates.