Non-bank credit: the rise of solidarity credit with digital ROSCA

In many regions, and for many people, accessing bank credit remains complex, or even impossible. In response, digital ROSCA and solidarity credit are emerging as powerful alternatives. Thanks to applications like Cirkkle, borrowing becomes simpler, more humane, and more transparent.

Why avoid bank credits?

• High interest rates

• Strict creditworthiness conditions

• Long and poorly adapted procedures

Solidarity credit: a suitable response

With Cirkkle, each member of a ROSCA can receive a substantial amount in turn. This model is based on:

• Trust among peers

• A collective management, without interest

• A flexibility adapted to actual incomes

The advantages of credit via a digital ROSCA

• No traditional indebtedness

• Quick access to funds

• Ideal for short-term or personal projects

A solution for financial inclusion

Digital solidarity credit enables underbanked populations to develop their business, educate their children, or cope with unforeseen events.

Conclusion 👉​ human and participatory finance has a future

Cirkkle demonstrates that one can borrow differently, with trust and autonomy, without going through banks.