* This story is reposted from an article on the WebPass website.

The Reality of Loan Decisions at Financial Institutions

Even if you try to get a loan from a financial institution to start a business, young people who have no track record cannot easily get a loan.

The reason is that there is no judgment material for financial institutions.

In the first place, it is said that financial institutions place importance on performance, because that is the only basis for making decisions.

Financial institutions that receive a large number of loan applications on a daily basis cannot easily dig deep into the background of applicants.

In order to make a quick decision, they will use the results as a judgment material.

Humanity is actually more important than achievements

I heard from a professional who acts as a bridge between aspiring entrepreneurs and financial institutions that, as a financial institution, they would like to lend to more young people.

It is just that we have not been able to finance an unclear business due to lack of judgment materials. I was told that there is a good chance of getting a loan without it.

As a financial institution, it should be an important decision indicator whether the business plan is just a start or has been conceived for several years.

It's been a long time since they have been thinking about it for a few years, and the output is on the web, and the article that proves the experience of the business idea has been uploaded to the web. It can be used as a basis for funding decisions.

In other words, posting on the web can actually be judged as an achievement.

In addition, if there are reactions to the post, it can be used as a basis for further judgment.

Posts scattered around the web

Having said that, if you are posting on various services on the web, it is not possible to judge on the current web whether all of them are really from the person who is applying for the loan.

In addition, information about what kind of people are responding to those posts will also be important for loan decisions.

With WebPass, you can attest that your postings on the web are yours, regardless of the service, and if the people you are responding to use WebPass, you can also aggregate information about them.

If this information is collected using the WebPass ID, analyzed by artificial intelligence as decision materials, and compiled as materials, the loan officer will be able to quickly make a loan decision based on the materials.

Information scattered on the Web can be collected with WebPass and become important information that can be used for loan decisions.

Will students publish their activities on the Web?

Occasionally, some people ask questions about how kinois thinks about how to use the web, such as, "Will students publish their activities on the web?"

However, in fact, there is a fact that a junior high school student has made his name known to the world by publishing advanced 3D animation that he created on YouTube.

Also, although it is not well known, there is also the reality that many junior and senior high school students show their works (manga, illustrations, videos, etc.) to each other in LINE groups, exchange opinions, and work hard together.

Sharing in LINE groups does not allow people from all over the world to see the work, so in order to have a greater chance, these groups should use public web services instead of LINE.

You should put your work out on the public web more and more, and increase the chances of being known by a community that appreciates you in the wider world.

At kinois, we once gave a performance to the effect that there are opportunities for people with Social Withdrawals to take advantage of the Web.

What's unfortunate is that the parents of the Social Withdrawal are told, "If you put your work in the store, who will buy it?"

Many parents think that the commercial area is only the area where they live.
But if you use the web, the commercial area is the world.

We want you to give up after challenging the world.

That is the idea of kinois.

Please see the pitch deck for the business plan.

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This article is a reprint of "Posts become materials for loan decisions - Opportunities for young people with no track record

" posted in the "IOP - Internet Of Person" section of the WebPass website.