Abstract

EthicHub is a ReFi (Regenerative Finance) protocol helping unbanked farmers access capital at low interest rates. Since its inception in 2018 and as of today 10 May 2022, EthicHub has intermediated more than $2M in loans and are helping over 1250 families in 21 communities.
EthicHub’s cornerstone and biggest asset is the crowd-collateral it created with its community. EthicHub’s community who buy the $Ethix token and stake it on behalf of unbanked farmers, enable farmers to attract more investors to invest capital in their projects; whilst giving those same farmers a security in the case of loan default and be able to pay back those capital investors.
Over the last four years, EthicHub has financed more than 340 projects and kept a default rate below 1%, a 0,7% default rate. The global average of loan default for this population is about 4-5%. EthicHub operates in Mexico, Honduras and Brazil and is continuously looking to expand its scope to new markets and continents.

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Problem Statement

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