Stellar Testnet demo. A loan month lasts one minute here, and lira amounts use an approximate rate.
A weaver borrows what the store would pay for a finished rug. Repay, and the rug is theirs to sell to a real buyer for a better price. If they don't, the store buys the rug at that price and the investor is repaid from it.
Pattern made from the certificate number, not a photo of the rug.
A rug a buyer would pay about 1,500 USDC for
The store would buy it for 600 USDC. The weaver borrows that for 6 months.
Any time before the store buys the rug, the weaver pays back 600.00 USDC.
After the end date, the store has 7 days to buy the rug at the price it set.
If the store doesn't pay within its 7 days, the investor can take the rug instead.