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Constancio Larguia

Founder and Global CEO at Weemba

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Weemba

Weemba is an online financial community that revolutionizes the way Borrowers and professional Lenders find each other and interact in a non-traditional "social network"-like format. Borrowers create a profile and post a project in hopes of obtaining financing from one of the many Lenders registered in Weemba. Besides the reason forand amount of a loan, profiles may include everything from the Borrower's income, education level and veteran status (Individuals) to their number of employees, annual sales or revenues and articles of incorporation (Businesses). Lenders search projects created by those Borrowers and narrow them down by credit score, amount needed, location, purpose of loan and more. When a Lender finds an interesting project, the Lender then may ask the potential Borrower for access to their real identity, as well as private details about the project. If the Borrower grants access to the Lender, all further contact and any negotiations take place outside Weemba. Weemba does not know if a loan was granted or under what terms.


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11-50

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