FnFnFund

Family&Friends Funding in pandemic

Inspiration

COVID-19 has severely affected the global economy and financial markets. Most of the people don’t have enough fund in bank account in this Pandemic due to salary cut, decreased income, no business, due to national lock down. As a result, many fall into a situation where they must pay penalty, higher interest rates for defaulted EMIs for their loans, and other charges for non-payment. Also, they need fund to pay for higher hospitalization charges, medicine charges, regular dues like educational expenses etc. They face more practical problems to raise personal fund/loan as they can't visit any bank/lenders to arrange cash during this period.

What it does

To circumvent higher interest rates and penalties due to non-payment of dues, People can now opt for another interest free automatic liquidity and cash flow mechanism from Family and Friends Fund Source and pay those EMIs, and all other critical expenses in this kind of pandemic/emergency.

The automatic liquidity happens from other backup source like Family or Friends accounts (From other bank accounts, any Deposit accounts, Retirement/Pension Accounts, and Overdraft Accounts, Credit Lines) and Investment (ETF share, Share's to Cash, Commodity, Mutual Funds and Online Bonds) with respective pre-approvals and permissions from those Family members, and Friends, banks and other organizations involved