A friend, or any person in your community, wants to start a business. They know what they need to get it started
They don't have the capital. So they go to people in the community and ask for investments.
Face to face
Investor says they will give so much; what they get in return can be negotiated
Maybe they just want their money back
Maybe they want it back with interest
Maybe they want a portion of the profits
Maybe they want a say in decisions
No matter what the agreement, there would be no middle man, no bank or investment agency you have to go through. No imaginary digital money.
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