Nickle is an app that gives people an easy, secure way to borrow and save money together.
Its easy.
Nickle is simple to set up. Simply choose who youd like to create a Nickle with, set an amount each person has to pay, how often the money should be distributed and for how long!
Its helpful.
Not everyone has formal access to savings or credit. From Latin America to Asia and Africa, informal savings groups are used to serve men and women of the community, often as their major—and sometimes their only—financial tool. Were going to change that.
It builds trust.
Nickles help build trust between people that know each other who agree to save and borrow together; a form of combined peer-to-peer banking and peer-to-peer lending.