01
Zero interest on principal
No business loan charges interest under any condition. Enforced at the transaction layer, cannot be waived, cannot be overridden.
For Businesses
A rule-based framework for productive lending
The protocol defines interest-free, profit-sharing capital for registered businesses. Viability is decided by execution and market demand, not by debt service.
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GX 0BLoan poolFixed protocol allocation for business lending only
0%InterestAll business loans are principal-only, permanently
GX 0Maximum loanAt highest trust tier with verified operating history
0 yrForgivenessHalf-principal relief on good-faith business failure
01
Clause 01
Registration
A business exists in the protocol only when its human stakeholders are verified. This is not a constraint. It is a design feature that prevents shell entities and makes every transaction accountable.
Individual foundation
Every owner, shareholder, and legal signatory is a registered participant with KYC and biometric verification.
Stakeholder linking
The business account is cryptographically bound to the verified individuals behind it. Smart contracts enforce that all required signatories approve every transaction.
Legal registration proof
Certificate of incorporation, shareholder register, and bylaws are submitted and cross-checked against jurisdictional records.
Community guarantors
Every loan requires two KYR-verified individuals to vouch for the operator. Their trust scores are at stake if the business fails.
02
Clause 02
What the protocol guarantees you
Seven guarantees provided by the protocol to every verified business. Each is a rule defined in the specification, not a promise by any party.
02
Profit-share repayment
Loan payments deduct from profit, not from revenue. In loss years, no payment is required and no penalty accrues.
03
Scaling loan bands with trust
Each twelve months of successful operation raises the business trust score. Loan maximums rise from GX 6 at entry to GX 288 at the highest tier.
04
Good-faith forgiveness
After ten years of documented inability to repay, half of the remaining principal is forgiven. The balance is retained on the ledger as historical record.
05
Cross-border capital without friction
A business registered in one jurisdiction can access GX capital for operations anywhere. No currency conversion, no correspondent banking.
06
Transparent solvency signals
All business transactions are verifiable on the ledger. Participants can see whether a counterparty is solvent, profitable, or failing. Information asymmetry is eliminated by design.
07
Zero data monetisation
Counterparty patterns, transaction data, and operating history are never profiled or sold. You operate on the protocol, not as its product.
03
Clause 03
Capital and terms
Capital sits in a GX 250 billion loan pool allocated by protocol rule. Terms are standardised, not negotiated. Partner FSPs execute underwriting within fixed profit-share bands.
Loan band
Entry tier opens at GX 6 for newly-verified businesses. Enhanced tier at GX 96 unlocks at Trust Score 75. Premium tier at GX 288 requires audited multi-year operation.
Profit split
FSP partners receive 40 to 60 percent of business profit depending on demand tier. The business retains the complement. Protocol retains 5 percent for ecosystem operations.
Repayment rhythm
Deduction from profit only. No fixed calendar. No amortisation schedule. No penalty for loss years. Principal is fully repayable early, and full repayment resets the trust band.
In practice
Three businesses. Three ways this matters.
Concrete scenarios drawn from the microenterprise, trading, and cooperative economies the protocol is designed for. The figures are the figures.
Dhaka
The tailor
GX 18 loan funded cloth and a second seamstress. Conventional interest would have cost GX 3.24 a year.
A tailor in Dhaka accessed GX 18 at zero interest from a protocol FSP. A traditional microfinance loan would have charged 18 percent annually. Two years in, profit reached GX 43 annually. After the FSP share, the operator keeps GX 17.2 per year and has opened a second workshop.
GX 17.2
retained annually
Mombasa
The fish trader
GX 72 cold-chain loan moved margin from 25 to 78 percent. Twelve jobs created.
A wholesale fish trading operation was losing 35 percent of inventory to spoilage. GX 72 built a refrigerated warehouse and logistics fleet. Margin recovered from 25 to 78 percent. The operator’s trust score rose on the strength of a 320-person verified commercial network, unlocking a GX 288 second-branch loan.
+53
percentage-points of margin
Guatemala City
The coffee cooperative
GX 135 funded processing equipment and export certification. Principal repaid in seven months.
An eighteen-farmer coffee cooperative moved from selling unprocessed beans at commodity prices to exporting certified fair-trade to five markets. Annual export revenue of GX 272 cleared the GX 135 principal in under a year, unlocking a GX 288 facility for in-house roasting.
5
export markets opened
Protocol invariants
What cannot change.
Three parameters are hardcoded at protocol genesis. No governance vote, no protocol upgrade, no stewardship decision can alter them.
Loan pool
GX 250B
Reserved exclusively for business lending. Cannot be diverted to governments, charities, or protocol operations.
Interest
0.00%
No business loan can ever charge interest regardless of risk profile, FSP preference, or market conditions. Enforced at the transaction layer.
Structure
Principal-only
All business financing is principal-only, profit-sharing, and forgiveness-eligible. No variation, no exceptions, no discretion.