Building The SME Credit Platform For Bharat | Manish Kumar @ KredX
Founder Thesis
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Is This a Peer to Peer Lending?
When I raise an invoice, what I do is in my balance sheet. I put an entry as a account receivables which sits on my asset site. It's similar to putting up a chair or a laptop on the asset site. So you are selling that asset and buying it for 95 rupees. The party which is buying it, these are what are these? And DFCs would do it. Or these are just like any kind of thing. This could be anybody. Now, once you put this as an equation, right, that anybody can be a partner. They are buying anywhere else,. Which is a liability on our large rated companies books. You're keeping it in
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