The purpose of the Ripio Credit Network is to simplify the interaction between lenders and borrowers. Today there are several problems in this area. Credits are required not only to businesses but also to ordinary citizens, the procedure for their execution is not very simple. To receive money, you need a package of documents, and you also often have to pay duties and spend time on a number of other things. It is worth considering that local legislation can complicate the process of obtaining a loan. Ripio Credit Network - a project created by developers from Latin America. Most of this region is not served by banking organizations, and private lenders are cautious in issuing loans. And the Ripio Credit Network is designed to remedy this situation. It should be noted - the project has a number of serious competitors. But according to many analysts, the Ripio Credit Network looks more attractive than its rivals. This conclusion is confirmed by the actions of large investors and venture capital firms - during its existence, the project has received serious funding from its partners.