Business Chief USA February 2019

This is where Sou Sou comes in. It’s a “crowdbanking
platform built to give people struggling
financially or with no credit (think recent college
grad) an option other than a bank, investor
or predatory lender”, Gilliam explains. “A user
visits the Sou Sou website and selects a fund
based on personal financial goals. The site
charges members a monthly membership fee
automatically deducted from their accounts.
Those fees are used to capitalize the community
loan fund, and an algorithm determines
when it’s a user’s turn to request a low-interest
loan from that fund, so long as they’re up to
date with their contributions.”
investsousou.com
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