AFRO Dollar- introducing the "FinancialWealth Garden of Eden" Full Wealth Stack            

 personal wealth, small business wealth, community wealth

The FinancialWealth Garden of Eden provides financial inclusion and services to all stakeholders (residents, businesses, churches, non-profits) in the community. Personal and small business financial services; checking, savings, loans, credit, borrowing, investments, retirements, health and well being  are provided in the FinancialWealth Garden of Eden;

Just as Adam was placed in the Garden of Eden (God's environment) we have created a FinancialWealth Garden of Eden (financial environment), where using God's principle provides one-stop program where financial services, wealth, credit, health, needs are met. Of course we advise members don't partake or eat off the tree of Good and Evil; (Traditional Banking, 3-Credit Score bureaus, TransUnion, Equifax, Experian, Payday lenders, High Debt, Education Loans).

Credit and Lending                                                     

(Personal, Small Business, Non-Profit, Community)

Home-ownership is a RIGHT!! in the FinancialWealth Garden of  Eden.                                        All Members are Mortgage Approved. No more running around calling banks, mortgage companies, credit unions, or trying to increase your credit score, filling out multiple-forms and turning in more  paperwork. 

All Members in the FinancialWealth Garden of Eden are APPROVED to obtain a mortgage to purchase a home based on their ability to pay the monthly mortgage payment, that's it. We have one interest rate in the Financial Garden, there is no different interest rates based on your credit score. All mortgages have our low rates. Grants for closing costs, and down-payment assistance are available also. We encourage home-ownership to our members as part of their personal and community wealth-building strategies. We provide personal home-buying and wealth counseling for members.

LENDING

Real time issuing

Following the digital enrollment on our AFRO Financial Garden Platform portal and our proprietary No Credit scoring model for members, credit can be issued in real time and made available as a funding source in the AFRO Digital Wallet.

Small Business Lending

We believe that our technology platform enables a more efficient  process to apply for a loan;

a credit assessment that more accurately determines a small business applicant’s creditworthiness and a superior experience.

Our platform touches each point of our relationship with customers, from the application process through the funding and servicing of loans.

AFRO proprietary scoring model provides Members with a funding decision rapidly and we can then fund Members as fast as the same day. Once funded, members can use our online portal to monitor their loan balance in real time. The process appears simple, seamless and efficient because our platform leverages sophisticated, proprietary technology to make it possible.

The structural protections inherent in our products and technology platform enable us to provide real-time risk monitoring and management.

From an underwriting perspective, we make credit decisions based on real-time performance data about our small business members.

We believe that the data and analytics powering the AFRO Score can predict the creditworthiness of a small business better than models that rely solely on the personal credit score of the small business owner. Our analysis suggests that the current iteration of our proprietary no credit-scoring model will become more accurate at predicting bad credit risk in small businesses across a range of credit risk profiles than personal credit scores alone.

Our mobile payments platform is an efficient channel for offering  real-time consumer credit. Consumers can enroll digitally and receive credit on the fly at the time-of-purchase, offering a natural and convenient transition from the old physical credit card regime.

Consumer credit provides, fast and simple digital enrollment for credit and real-time credit issuing, at the point of relevance for consumers.

Consumer credit and lending

Our personal credit provides ubiquitous, fast and simple digital enrollment for credit and real-time credit issuing, at the point of relevance for members.

A member in need of emergency liquidity at the point-of-sale, for instance, is a few clicks away from receiving instant credit as a funding source in their AFRO Wallet. Credit scoring will be an internal decision-gate.

Credit accounts or loan

We support lines of credit or loans that are issued and hosted on the AFRO Platform or externally (straight-through-processing). Credit funding sources may also have granulated spending limitations, including only working for one, a selection or all merchants on the platform.