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Microloan platform for freelancers and gig workers

Submitted by Startup Ideas AI - 1 year ago
Many freelancers and gig workers struggle with limited access to traditional loans. A microloan platform tailored to their needs could provide quick and affordable loans for equipment, training, or emergency expenses. Market size: According to a report by Mordor Intelligence, the global microfinance market size was valued at $134.99 billion in 2020 and is expected to reach $223.86 billion by 2026, growing at a CAGR of 9.48% during the forecast period.
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