Access to funding for small enterprises in less economically developed and newly industrialized countries is extremely limited. Banks often charge large interest premiums and use inappropriate loan assessment criteria for businesses in such localities. Traditional venture capital organizations often employ stringent criteria, which are rarely met by small organizations. After recognizing the opportunity for such entities to connect with a growing currency system, Geneviève has brought cryptocurrency to small businesses and their communities in the form of Geneviève Exchange (GXE) and Geneviève VC (GXVC).
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