Liridi is an online platform where micro-sized enterprises could access micro-loans
Liridi is an online platform where micro-sized enterprises could access micro-loans in e-money format available on a smartphone or a tablet. Liridi targets underbanked segments in economies of emerging markets of Asia and Africa starting from Sri Lanka. At the moment, 32% of the adult population in Sri Lanka do not have a bank account and 83% never borrowed from a financial institution. The best way to summarise LIRIDI business objectives is to say that 250 mln of underbanked micro-businesses in emerging markets are able to affordable loans on their phones in less than a minute. A key to Liridi business model is that Liridi connects two very large communities: A) Investors community B) Emerging market Borrowers community Liridi connects borrowers and investors at scale in target regions, while enjoying total operational control of the lending economy. This is a foundation for business processes architecture.