About Us

Access to quality, affordable credit is considered an essential tool for financial inclusion, enabling individuals to manage their spending, build wealth, and escape poverty. While some advocate for it as a fundamental right guaranteeing equal economic opportunities, others view it as a financial service rather than a right, highlighting the risks of over-indebtedness.

Key aspects of credit as a right:

Empowerment: Access to credit is seen as a way to reduce poverty, support education, create businesses, and build wealth.

Financial inclusion: It guarantees disadvantaged communities access to the traditional financial system, thus avoiding recourse to illegal or high-interest lenders.

Ethical obligation: Proponents, such as Nobel laureate in economics Muhammad Yunus, argue that it is morally imperative to give the poorest members of society the opportunity to improve their economic situation.

Alternative viewpoint: Critics, such as those cited in a report by the Wagner School at New York University, argue that viewing credit as a right is flawed because it is not a basic human need like food or shelter, and that it can lead to dangerous cycles of debt. Legal perspective: Regulations, such as those enforced by the Federal Trade Commission, protect the right to equitable access to credit, but do not guarantee it for everyone.

Ultimately, the primary objective is often to ensure that low-income individuals have access to affordable credit, rather than to expensive, predatory, or illegal loans.

Robert Sin, founder