Inspiration - Inclination to contribute towards Diversity, Equity & Inclusion in Banking Industry
What it does - Helps minority small business owners get their loan applications approved based on behavioral aspects along with financials of the applicant through mainstream banks
How we built it - By doing research regarding bias in small business lending and how it can be overcome by new-age thought process
Challenges we ran into - Understanding the depth and impact of the existing bias
Accomplishments that we're proud of - Unique offering which will gradually eradicate the inherent bias in small business lending
What we learned - Just a law may not be enought to bring about the change in the society, it is imortant for us as a part of the society to not only accept the change but also think about different ways of how it can be brought ot life.
What's next for LendAll - Diversify the usage of LendAll to other arms of banking and new geographies
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