We have another excellent interview for you today with @Joemarct, an entrepreneur from the Philippines! Read on to find out about bitcoin and his small business loan; in what is a fascinating interview for entrepreneurs in the Philippines and around the world. Investors can support his 6.5 BTC loan for only another few days! Without further ado, let’s get going 🙂
Bitbond: Thank you very much for taking the time to talk to us. When was the first time you heard about bitcoin? Have you ever used it?
I first heard about bitcoins in 2013. I studied it and bought a few. Within a month I was already trading bitcoins for a little profit. I have also used it to send money abroad and now I’m trying out bitcoin-based peer-to-peer lending.
Bitbond: Great. Since when have you been running your own business? Could you tell us a bit more about what you do?
I don’t fit exactly in any particular shape. I am a biologist turned programmer turned entrepreneur or a mix of those three. I am mostly programming these days, either for our own products or for short term projects for other people or companies.
Bitbond: Nice. How come you ended up starting this business and why have you chosen this particularly niche?
My passion has been to make the world a better place through science and technology. I have a PhD in biotechnology specializing in engineering of biocomputational systems. I decided early on that I will not stay in the academe after my doctorate. So it’s either I’ll be in the biotech industry as an employee or I will be my own boss. Since I am also entrepreneurial, starting a company was the next logical step for me.
Bitbond: Cool! What do you hope to achieve with your loan and why did you choose Bitbond over a bank?
Because my company is new and small, it’s been very difficult to meet bank requirements when applying for a loan. My company has been self-funded plus some financial help from friends. While looking for options, I came across online peer-to-peer lending. Since I am already familiar with bitcoins and I know how it makes it easier to move money across borders, Bitbond is just the perfect platform that I’ve been looking for.
Bitbond: What are the benefits of peer-to-peer lending and why does it fit your business?
As a borrower, it’s the ease of entry plus the low interest rates. I also intend to lend money at some point, in which case, I will do so with less risk because I can easily diversify my investments by lending bits of my funds to multiple borrowers.
Bitbond: What is your favorite feature on Bitbond? What features do you think are missing?
I like the quick identity verification and quick borrower profile evaluation. It’s been a pleasant experience so far. It would be nice to have a Bitbond mobile app but I think your team is already on it since you already have an API.
Bitbond: What would you want potential investors to know about your loan?
I want to let them know that I’m into this business in the long haul. I have a mission and I’m just getting started. I will never quit til I get what I dreamed of doing. I have many plans for my company – big plans. I hope that with the help of generous investors in Bitbond, I won’t have to worry much about capital, I will focus on creating great products, great customer experience, more revenues, and more growth for the company, which also means more profit for the investors.
Support @joemarct and other entrepreneurs in the Philippenes by investing in their small business loans
Thanks for reading.