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how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
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The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Role of Information Technology in Revenue - Prof Oyedokun.pptx
Financing Small Enterprises: What Role for Microfinance Institutions?
1. Role of MFIs in Serving Micro
and Small Enterprises
Survey Results
May 2012
2. Publication
The survey results in this presentation are published in CGAP Focus Note 81: “Financing Small
Enterprises: What Role for Microfinance Institutions?” by Jasmina Glisovic and Meritxell Martinez
(July 2012).
For more information please visit: www.cgap.org/publications
2
3. Outline
1 Research objective, sample, and methodology
▫ Objective
▫ Regional distribution by institutional type
2 Understanding the difference between micro and small enterprises
▫ Informality levels of micro and small enterprises
▫ Women-led micro and small enterprises
▫ Growth from micro to small enterprises
3 Focus on serving small enterprises
▫ MFIs strategies: Why serving small enterprises?
▫ Growth trend of small enterprise portfolio
▫ Growth trend by region
▫ MFIs definition of small enterprises
▫ MFIs product offering
▫ Market segmentation of small enterprises
▫ Competition for small enterprise clients
▫ MFIs systems to serve small enterprises (staff/department/monitoring portfolio)
▫ Main challenges faced by MFIs
▫ Key success factors
3
5. 1 Research objective
To better understand the current and potential
role of Microfinance Institutions (MFIs) with
regard to serving small enterprises
5
6. 1 Sample and research methodology
• Industry survey with over 350 MFIs conducted in Nov-Dec 2011 in 3
languages (French, Spanish, English)
• Quantitative and qualitative analysis of responses
• MFIs from 69 countries
Sample distribution by region Institutional type Commercial bank
5%
Rural bank
3% Credit
union/Financial
cooperative/SACCO
EAP 12%
SSA 11%
21%
ECA Non-bank financial
24% institution
31% Microfinance bank
SA 16%
13%
MENA
10%
LAC
NGO/Foundation
21%
33%
NOTE: ECA: Eastern Europe and Central Asia; EAP: East Asia and Pacific; LAC: Latin America and the
6
Caribbean; MENA: Middle East and North Africa; SA: South Asia; SSA: Sub-Saharan Africa.
7. Diverse regional distribution by institutional
1
type
35
Commercial Bank
30
Credit union/Coop
MF Bank
25
NGO/Foundation
NBFIs
20
Rural bank
15
10
5
0
EAP ECA LAC MENA SA SSA
NOTE: ECA: Eastern Europe and Central Asia; EAP: East Asia and Pacific; LAC: Latin America and the
Caribbean; MENA: Middle East and North Africa; SA: South Asia; SSA: Sub-Saharan Africa. 7
8. 2 UNDERSTANDING THE
DIFFERENCES BETWEEN MICRO AND
SMALL ENTERPRISES
8
9. 2 Informality levels of micro and small
enterprises
MICRO SMALL
SSA 82% ECA 24%
SA 85% SSA 50%
MENA 85% MENA 58%
LAC 88% LAC 44%
ECA 57% EAP 60%
EAP 88% SA 81%
0% 20% 40% 60% 80% 100% 0% 20% 40% 60% 80% 100%
Up to 25% informal Between 25-50% More than 50% Up to 25% Between 25-50% More than 50%
informal
informal informal informal informal informal
N= 206 (*) MFIs estimates N= 189
While small enterprises are more formal than micro, informality is
widespread in all regions with the exception of ECA. 9
10. 2 Women-led micro and small enterprises
MICRO SMALL
EAP EAP
SA SA
SSA SSA
WOMEN WOMEN
MEN MEN
LAC LAC
ECA ECA
MENA MENA
0% 20% 40% 60% 80% 100%
0% 20% 40% 60% 80% 100%
N= 209 N= 192
(*) MFIs estimates
Compared to micro enterprises, small enterprises are less often led by
women, specially in MENA and ECA. 10
N=
11. 2 Growth from micro to small enterprises
% of enterprises that grow from micro to small
40%
28%
18%
7% 8%
Less than 10% 10-20% 20-50% Over 50% Don't know
40% of MFIs said that less than 10% of their microenterprise clients grow to
become small.
11
N= 213
12. 3 SERVING SMALL ENTERPRISES:
INSIGHTS FROM MFIs
12
13. For most MFIs, serving small enterprises is
3
part of their business strategy
Is serving small enterprises part of your strategy?
Yes No Not yet
16%
6%
78%
13
N= 186
14. Growth trend of MFIs’ small enterprise
3
portfolio
69%
21%
9%
Increasing Stable Decreasing
N=193 14
15. Growth trend of MFIs’ small enterprise
3
portfolio by region
79% 79% 78% Increasing
68% Stable
Decreasing
55%
50%
32%
23% 23%
18% 16% 16% 18%
13% 12%
8% 9%
4%
EAP LAC SSA MENA SA ECA
N=193
15
16. 3 Why do MFIs serve small enterprises?
Business growth opportunities 85%
69%
Following micro clients over time Main reasons
to serve small
enterprises
Increased competitions for micro clients 37%
Higher profitability 35%
Disbursement targets/pressure 21%
Incentives from funders 17%
Incentives from governments 15%
16
N= 150 Multiple answers
17. 3 MFIs typically characterize small enterprises by
loan size
Criteria used to define small
enterprises (% of MFIs)
54%
33%
13%
Loan size Number of Annual sales
employees
While “loan size” and “annual sales” differ by country/institution, “number
of employees” typically ranges from 5 to 30 workers, outside household.
N = 114
18. 3 Most MFIs offer small business loans
Types of services offered
85%
71%
63%
49%
38% 37%
33%
25%
21%
17%
croloan individual business loan
Small Group loan Consumer loan Business
BDS Deposit Insurance Payments Remmittances Overdraft
Development
Services
18
N= 235 Multiple answers
19. 3 Market segmentation of small enterprises
How do MFIs sub-segment the small enterprise market?
5%
Economic sector
(e.g., agriculture, industry, s
17% 29% ervices)
Geographic area
(rural, urban)
Business profitability of
enterprises
Revenue to the MFI
22%
Other (e.g., gender)
27%
19
N= 159 Multiple answers
20. 3 Intense competition for small enterprise clients
Level of competition among financial service
providers serving small enterprises (% of MFI)
Not
intense
16%
Very
intense
44%
Somewhat
intense
40%
20
N= 197
21. 3 MFI systems to serve small enterprises
Do you have a separate Separate risk methodology by
methodology for small enterprise institutional type
risk assessment? (% of MFIs)
Commercial banks 72%
Credit unions 71%
Microfinance bank 60%
Yes
Yes
49% No NGO/Foundation 49% No
51%
NBFIs 43%
Rural bank 24%
0% 20% 40% 60% 80% 100%
N=190
21
22. 3
44% of MFIs do not monitor micro and small
enterprise portfolio separately
Do you monitor micro and small enterprise portfolio
separately?
44%
Yes
No
56%
N=225
23. Most MFIs do not have dedicated
3
staff/department to serve small enterprises
Do you have dedicated staff for Do you have a dedicated small
small enterprise clients? enterprise department?
61% 70% 30%
39%
Yes Yes
No No
N=201 N=202
23
24. 3 Main challenges faced by MFIs
Top three internal, external and enterprise-level challenges MFIs
face in serving small enterprises:
INTERNAL EXTERNAL ENTERPRISE-LEVEL
• Lack of appropriate risk • High cost of operations • Lack of financial statements
assessment methodologies
• Lack of demand for MFI • Business are not registered
• Management perceives segment products by enterprises
as too risky • Lack of collateral to secure the
• Restrictive regulations loan
• Inadequate MFI products (e.g., lending regulations, tax
regime) • No clear separation between
• Lack of MFI staff capacity to household and business accounts
analyze the business (e.g., loan • Lack of credit registry (i.e., credit
officers) bureau)
• Lack of internal processes (i.e. • Judicial system (i.e., court
MIS systems) system)
• High cost of operations • High competition (e.g., from
banks, other providers)
• Lack of basic infrastructure in
the country (e.g., roads and
electricity)
24
25. 3 Main challenges: What MFIs say…
“Financial statements of small business are often not actual.” NBFI Manager, Armenia
“The main challenge is the presence of competitors including government institutions.”
NGO/MFI Chairman of Board and CEO, Iraq
“In most cases we are not able to serve small businesses as we cannot provide all services
they need. Even in the case of loans, since small business need larger loans with longer terms”
NBFI Credit Manager, Bosnia
25
26. 3 Key success factors identified by MFIs
Client-focused approach
Commitment from top management and dedicated staff
Strong risk management
Flexible products and delivery
Key success factors: What MFIs say…
“KYC approach is not enough, to successfully serve small enterprises you need to have a
BWYC (Be With Your Clients)” NGO/MFI Manager, the Philippines
“Deep insights and strong relationship with the client” NGO/MFI Executive
Director, Dominican Republic
“Having separate, dedicated units for serving micro and small enterprises” Commercial
Bank Manager, Kenya
26
27. We welcome your comments, questions and
examples.
CGAP contacts:
▫ Jasmina Glisovic jglisovicmeziere@worldbank.org
▫ Meritxell Martinez mmartinez1@worldbank.org
27
In December 2011 CGAP conducted a survey to understand the role of MFIs in serving micro and small businesses. Around 300 MFIs responded to the survey sent to a larger number of institutions (including those in the MIX Market database), mostly from SSA, ECA, and LAC. Some countries predominantly represented in the survey include Azerbaijan, India, Philippines, and Tajikistan. By institutional type, most participating MFIs were nonbank financial institutions and NGOs/foundations. Additional information was gathered from ASA Philippines, Women World Banking Colombia, Cooperative Housing Foundation (CHF), Cresol Brazil, Access Tanzania, ACEP Senegal, InternationaleProjekt Consult (IPC), IFC’s A2F Risk Management Department and the Small Business Banking Network (SBBN).