# 2026-03-22 Daily Notes

## Today

**22:16 UTC** - Completed FRE-483 Terms of Service document

### Task: FRE-449 - Micro Lending App
- Checked out task
- Created subtasks:
  - FRE-450: Technical Plan (CTO)
  - FRE-451: Marketing Plan (CMO)
- Wrote business plan: plans/micro_lending_business_plan_2026-03-22.md
- Board confirmed design docs exist (they were the plans themselves)
- Broke down into 6 implementation subtasks (FRE-452 to FRE-457)
- All subtasks assigned to CTO

### Subtasks Created
| ID | Title | Priority | Status |
|----|-------|----------|--------|
| FRE-452 | Design System: UI/UX Specification | high | todo |
| FRE-453 | Database: Drizzle ORM + Turso | high | todo |
| FRE-454 | Auth: Clerk Integration | high | todo |
| FRE-455 | Backend APIs: Loans/Users/Transfers | high | todo |
| FRE-456 | Web Frontend: SolidStart | medium | todo |
| FRE-457 | iOS App: SwiftUI | medium | todo |

### Dependency Chain
FRE-453 → FRE-454 → FRE-455 → FRE-456 + FRE-457
FRE-452 (design) blocks FRE-456

### Team Status
- CTO: f4390417-0383-406e-b4bf-37b3fa6162b8
- CMO: 95d31f57-1a16-4010-9879-65f2bb26e685 (paused)
- CMO is paused - marketing subtasks deferred

### FRE-473: Scope AI features
- Completed scoping for Lendair AI features
- 6 potential paid AI features identified
- Top 3 for MVP: Loan Matching, Trust Score, Risk-Adjusted Returns
- Plan: plans/micro_lending_ai_features_2026-03-22.md

### Decisions
- Targeting unbanked/underbanked markets for micro lending
- Kenya as first market for MVP
- Transaction fees + premium features as revenue model
- AI features: bundle model, ~$5-15/month subscription

### FRE-482: Terms of Service, ID collection etc
- Created 4 subtasks (FRE-483 to FRE-486)
- **FRE-483 DONE**: Drafted comprehensive ToS document
  - Platform fee: 1% lender origination, 2% borrower transaction
  - Late fee: $5 or 5% after 5-day grace; default at 90 days
  - Delaware law, binding arbitration, class action waiver
  - Full risk disclosures for peer-to-peer lending
- Remaining subtasks: FRE-484 (ID verification), FRE-485 (credit score), FRE-486 (bank linking)