The Challenges of Microfinance

Zach Marks is the co-founder and CEO of Jia. Jia connects capital to small businesses in every corner of the world. Here's how Jia works: When business owners repay a loan, they drive value to lenders and the economy. They deserve to be compensated as owners of that economy. That’s why Jia rewards borrowers with an ownership stake in Jia’s long-term growth. Ownership leads to better borrower behavior, which benefits the entire ecosystem.

Packy and Zach discuss how blockchain can help align incentives in emerging market lending, Jia's launch, and in a small-world moment, Jia's partnership with Oze (a company founded and run by Packy's sister, Meghan.

You can learn more Jia and it's recent funding in this TechCrunch article.

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