It solves the problem of 'Financial Inclusion' by providing the less fortunate and underserved people with loans, people who got rejected loans by private banks.
•It will help the users with no credit score to develop it and those with a credit score will be evaluated on its basis.
•It will provide loans with minimal interest.
•The credit score will not default for the initial first 6 months from the date of issuing a loan
•The customers will be educated on the topics of Mendate, default and other important terms related to the services.
•The workers of the program will go from places to places to help people understand the process of loan(application and payment) better.
It was our first hackathon and we were learning from scratch therefore we faced many problems. Some of them are. We faced challenges in aligning the text and finding the right color combination for the background and text colors. We overcame these problems by referring to some books, sites, and youtube lectures.
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