Bank of Gaia

Alexander thought about the challenges of implementing the two banking systems for a while, naturally finding the traditional type far easier.

He just needed to give anyone asking for the money and then sit and wait for the repayments. How the man gathered the money was his headache.

The interest free system however needed a lot more oversight.

First of all, it required a far more selective vetting of the debtors, as here Alexander was not lending, but investing. He risked losing all his money, hence naturally the borrower needed a far better 'credit score'.

Then, once the loan was given, it required further accounting oversight to make sure the business was reporting proper revenue number.

Otherwise, it would be all too easy for a business to make enormous profits but cook the books to make it look like they were barely breaking even.