Communities that request loans through our platform agree to return them at 16% interest rates. 8% goes to the user of the platform who has invested in the project. 4% is for the local node, responsible for uploading the loans to the platform and monitoring and ensuring the loan has proper use. The remaining 4% is the commission for the platform's use and is designated to purchase the impact token Ethix to reinforce the system against possible defaults.
How much interest do the borrowers (famers/farming communities) pay?
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