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Haraka

Haraka provides stablecoin-based microloans and savings products using social reputation as collateral for underserved communities.
257 OLD CHURCHMANS ROAD, NEW CASTLE, DE 19720, United States

Description

Haraka operates a blockchain-based financial services platform using stablecoin infrastructure and social reputation underwriting to provide microloans and savings products to underbanked entrepreneurs in emerging markets. The platform leverages smart contracts on Celo blockchain to automate peer-to-peer lending while using community trust networks for creditworthiness assessment, enabling users to access affordable credit, build financial reputations, and earn returns on savings.