In this episode of Fiscal Frontiers, host Brandon Sowers talks to Zach Marks, CEO of Jia, about the company's mission to provide financing and business resources to millions of entrepreneurs in emerging markets.
Jia is a financial cooperative that uses blockchain technology to connect borrowers and investors. This allows Jia to provide financing to borrowers who would otherwise be unable to access traditional bank loans. Jia also offers a variety of business resources to help borrowers grow their businesses, such as connections to cheaper suppliers, experts to help them take their businesses online, and networks to unlock new markets.
Marks explains that Jia is different from other financial institutions because it is focused on building relationships with its borrowers and investors. He says that Jia is not just a lender, but a partner that is committed to helping its members succeed.
"We believe that by building relationships with our members, we can better understand their needs and provide them with the financial and business resources they need to grow their businesses," Marks says. "We also believe that by giving our members ownership in Jia, we can create a financial system that works for everyone."
Marks says that Jia is already having a positive impact on the lives of entrepreneurs in emerging markets. He cites the example of Armand, a small business owner in the Philippines who was able to expand his business with financing from Jia.
"Armand is just one example of the millions of entrepreneurs who are being helped by Jia," Marks says. "We are committed to continuing to grow Jia and to providing financing and business resources to even more entrepreneurs in emerging markets."
To learn more about Jia, visit their website at: https://jia.xyz/
Building Bridges to Success: Jia's Vision for Financial Inclusion in Emerging Markets