At EthicHub, we believe in the transformative power of blockchain technology to democratize access to financing. That is why we are excited to announce that, together with Bybit and the Blockchain for Good Alliance (BGA), we have secured a $1 million investment aimed at strengthening our ethical credit lines for smallholder coffee farmers.
Thanks to our alliance with Bybit, facilitated by BGA, we continue to consolidate a blockchain-based financing model that provides fair and transparent credit to smallholder farmers. Through the exclusive Bybit Pool, we offer access to financing without traditional intermediaries or abusive lending conditions, allowing coffee farmers to grow sustainably.
With this model, we ensure that capital flows directly to farming communities, providing them with financial tools that drive economic and social development.
✔ $1M managed through blockchain, ensuring transparency and efficiency.
✔ Fair and accessible credit, removing barriers of the conventional banking system.
✔ Sustainable returns, with an 8% annual return over a 15-month period for Bybit.
✔ Regular monitoring and reporting, ensuring measurable and verifiable impact.
At EthicHub, we have spent over 7 years proving that blockchain technology can transform the lives of smallholder farmers. Through our model, we have facilitated more than 600 successful loans, enabling coffee farmers to access financing without depending on the limitations of the traditional banking system.
Helen Liu, Chief Operating Officer at Bybit, highlighted the significance of this alliance:
📢 "Blockchain technology has the power to unlock new financial opportunities for those historically excluded from traditional banking systems. Our investment in EthicHub reinforces Bybit’s commitment to using innovation to generate real-world impact, proving that blockchain can be both profitable and transformative."
At EthicHub, our mission is to consolidate a more inclusive and sustainable financial system, ensuring that more smallholder coffee farmers gain access to fair resources to improve their quality of life. The evolution of blockchain technology opens new opportunities to develop impact-driven solutions and continue expanding alternative financial models.
The Bybit Pool is a crucial step in this transformation, and we are excited about what this advancement means for the farming communities we work with. We will continue to champion innovation and transparency to make ethical financing a global reality.
Learn more about how we are revolutionizing access to agricultural credit in our new platform:
🔗 Visit our website
📩 Contact us: support@ethichub.com
EthicHub is a ReFi (Regenerative Finance) protocol that helps unbanked farmers access capital at low interest rates in a win/win model where all stakeholders benefit from the interaction. Its crowdlending platform was launched in June 2018, and to date it has brokered more than $4M in microcredits to more than 600 families in 6 countries.
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