You've recently moved to a new city, full of dreams and aspirations, but the lack of support from traditional banks has pushed you to the brink of giving up. Yet, you've got a burning idea. You set up a modest website for your micro-lending platform, with a few listings and a heartfelt mission statement. How will you build this financial revolution from the ground up? a. Bootstrap: Use your savings to fund the first few loans and build credibility. b. Crowdfunding: Launch a crowdfunding campaign to raise capital and awareness. ***working: Attend local meetups to build a network of like-minded individuals who can invest in or promote your platform. d. Beta Launch: Officially launch the platform to a limited user base and test its waters. (Still need: $200,000 to secure your platform’s standing and expand its influence)
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