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5min chapter
Not Boring Founders: Zach Marks, Jia
"Age of Miracles"
The Challenges of Microfinance
Tala was one of the first companies in what we now know as mobile lending. The idea is to use phone data to underwrite people for a loan as small as $10. Tala grew from like 6,000 to 6 million borrowers across Asia, Africa and Latin America. GIA: Why did the FinTech's get all the upside instead of the borrowers?
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Listen to the best highlights from the podcasts you love and dive into the full episode