MyFy is a mobile app which helps entrepreneurs to crowd-source capital through group savings, market their business and sell online, receive orders and payments, track and fulfill them, and keep verifiable records, to qualify for a credit score.
Why does it have to be an app? This is one of those things I'd do at home, while sitting at my computer.
Care to elaborate?
The reason there is an app is so that small business owners who don't have a computer at home like you can harmonize and streamline those processes easily on the go..
It also helps non-business owners to start and set up shop online with a few key strokes for free
Websites also work on smartphones
Crowd source capital??
with group savings!
Yes, but think of it like more of circle sourcing capital, users can form groups/circles where the individual circle members contribute regularly to the one of their members capital, just like a village savings in a rotational manner(so everyone benefits) group, no interest no charges , just trust and partnership to build each other on the myfy platform