ripen

Help us end food and fuel poverty

Education, tools and crucially interest free loans for the financially vulnerable and disadvantaged

FinTech Sustainability
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This idea is ripened!

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BL
Ben Laly 5 months ago

Really liking the ethos behind this idea, and it couldn't be more pertinent. Couple of questions:

1. You mention that 17M people owe ~50M in non-mortgage debt. Obviously layering on (albeit interest free) debt in addition could be seen as risky. What sort of repayment plans will be available to ensure that this debt remains manageable?
2. Really interested to hear more about the education services that the platform would look to offer?

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SA
Saqhib Ali 4 months ago

1) Only affordable debt over a period of time. No interest, fee or charges. We will do credit checks and full affordability assessment.
2) we will have budgeting tools and videos

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BL
Ben Laly 4 months ago

Sounds great. Looking forward to following your journey! Be sure to keep us posted with updates :)

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