You stand at the helm of a fledgling micro-lending platform, determined to disrupt the finance industry. Your first investment is a $500 start-up loan. How will you begin your ascent? (Still need: $1,000,000 in active loans to become a tycoon) ***munity Outreach: Host financial literacy workshops in local community centers to attract potential borrowers. b. Digital Campaign: Launch targeted ads on social media to connect with micro-entrepreneurs seeking capital. c. Rate Offer: Offer competitive interest rates to borrowers to incentivize repayments and attract more investors.
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