StudentBackr creates an alternative to traditional bank loans for students through:
- peer-to-peer approach where investors would provide students with funds in exchange of a percentage of their future earnings.
- Investment fund that would provide promising students of emerging economies with funding.
We also created an appealing risk/reward investment product for investors that:
- provides single to double digits returns to the investors
- provides a human upside through coaching, incentivizing the investors to maximize their return
- eventually creates an investment fund with philanthropic goals and attractive returns
We will generate revenue through origination and management fees on the volume of transactions incurred.