I’m considering lending some money via Babyloan. It’s a French microfinancing platform, where you can directly support entrepreneurs in various countries around the world.
What’s your take on these platforms? Does one of you have experience with Babyloan in specific?
Very interesting. I have no experiences and I heard a lot if critical voices about micro financing to. Looking at the a few requests, I think it would be pretty easy to set up a scam, but I am ultimately a optimistic person and I tend to first believe in the good of people. The amounts requested seem reasonable, surprisingly many are about restocking inventories. Since you can start with a small amount, why not test it and tell us your experiences? On a side note, I never heard of babyloan before.