Summary of Mercy Corps Ventures' Report: The Potential of DeFi Lending for African MSMEs
At The Solar Foundation, we agree with Mercy Corps Ventures that web3 has the potential to address the interwoven, global challenges we face such as climate change, financial exclusion and gender inequality. We closely follow their work to learn as much as possible from their innovative pilots and well-written and thoroughly researched case studies and reports. Here are some insights we gained from one of their recent reports on the potential of DeFi lending for underserved communities.