Direct Loan Portfolio – This is VS original business and the base of our work in Colombia and the Philippines. VS makes fixed asset, working capital and purchase order loans. VS is also piloting loans for cacao farmers in Colombia and taxi drivers to purchase electric vehicles in the Philippines. Both of these products have tremendous potential to scale. Loans are from 1 month to three years and are made in local currency. Guarantees may be required, but the type of guarantee can be more flexible than banks require. Loans are approved or declined in 3 – 5 working days.