The Nation Barbados Business Authority recently published this article, written by Shawn Cumberbatch, about how "Fintech can close [the] financial gap", and we couldn't agree more! Carilend is the first Peer to Peer Lending company in Barbados, and we are making strides to improve the way Bajans invest and borrow.
We match people who have money to invest (Lenders) with those who are looking for a loan (Borrowers). Together, we are putting money back into the economy to try to boost financial inclusion, which, as the article states, "leads to stronger growth and high employment." We also aim to include investors of all sizes with the recommended minimum investment at just $2,500.