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A small Family Bank where family can easily borrow and lend money to each other through their cellphone or the internet.

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Have ou noticed this idea whcih prolongates yours?
Have you heard of HelloMerci is a digital platform targeting loans between friends, or Lendingclub?


Thank you. The concept here is like a small joint savings account kept by a family. As and when any one has a minor emergency, example to fix their car, he or she can withdraw even a small amount for a sort period of time. It can save time too. This can include teenage family members too. Sure, it can also modified to support family projects.


The application would look similar to a bank account statement showing money deposited, depositors, loans taken and available funds. It would also show pending requests for borrowing money.


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