Check cashing and payday lenders can be found in Black communities throughout the nation. Travis Holoway noticed these unaffordable financial options and decided to make a change. Today, he is the Co-Founder and CEO of SoLo Funds, a mobile lending exchange that connects lenders and borrowers for the purpose of providing more affordable access to loans under $1,000. Borrowers can choose a loan amount and set an appreciation tip for their lender. Lenders can use the platform to find an investment they can afford. Community-led microfnance solutions like SoLo funds, represent the values of Founders Get Funds. Learn about more solutions like these in this blog.
