But I think that a common theme has been not really feeling settled with that contradiction that I'm seeing around me, So she can get those funds disbursed to her.
And so because we've got roasted carrots, we've got pickled carrots, which I'll go into in just a minute, and then we've got the carrot mochi, And I feel that what I get out of it is I get a great disbursement of ginger flavor.
The asset itself, the stocks, the bonds, the mutual funds, whatever you've invested in must be sold off. It must be liquidated every time you are going to get some type of disbursement. So over time that portfolio liquidates until there's nothing left.
But the thing which is actually really nice is that I've had some really great support from random people I would never have thought of calling up and saying, OK, So they're actually a branchless bank that does all its loan disbursements, loan repayments, completely and utterly by cell phones.
be taken out and sent to your 401k. You then send the remainder -- 95 percent ballpark -- to your checking account. This is your e-mail inbox. This is where everything happens. You filter money, you disburse money right from here. It all happens from your e-mail inbox or your checking account. You're going to set up an automatic transfer to your Roth IRA, or maybe your debt, whatever it may be.
I don't think I mentioned in my talk that people were fearful. These manuscripts had, over the centuries, been disbursed through families. There had been a succession of attacks on Timbuktu by 19th century jihadists.
And one of the things that affects me the most is, we were just talking about Kenya, if you live in a rural area the cost of getting you these loans especially if itís a hundred dollars, for this organization to be able to basically go out on its moped, you know, two hours into the village and make a hundred dollar loan disbursement and then every week come back in a group meeting and collect a little bit each time over the next 50 weeks, itís very costly if you look at the interest rates.
Itís not risk based pricing because most of, we have 98 percent rate Gary Briggs: Higher repayment rates Premal Shah: Yeah we have great repayment rates. Itís, I think, itís, itís around how do we use technologies to make the credit appraisal as well as the disbursement and collection of cash, how do we address that? So thatís one big challenge.