GP Token has launched a blockchain-based microloan platform that has issued over 2,000 loans worth more than $3 million. The platform enhances transparency and efficiency while empowering borrowers—70% of whom are women and youth.

Through tokenization, operating costs are reduced, and borrowers benefit from lower interest rates and quicker access to funding. Farmers, for example, can secure short-term loans within days, enabling them to purchase seeds, fertilizers, and equipment on time.

This initiative fosters entrepreneurship and job creation, with plans to expand into additional African markets.