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We loan because...
The "Invisible Hand", as the original idea of Adam Smith envisioned, aims to foster the entrepreneurial spirit so that the individual “By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it.” (1776, Wealth of Nations) Control of poverty and development of individual freedom, channeled through economic progress, are the societal goals we aim to promote. It is our belief that as we foster entrepreneurship, economic prosperity follows, more jobs are created, and poverty is reduced. Meanwhile the individual gains financial independence, an essential key to individual freedom. Neither reduction in poverty or individual freedom were the original goals of the entrepreneur, but they are the unintended consequences from which all of us benefit.

About us
Individuals who join this group want to increase FREEDOM in the world, primarily individual FREEDOM. We recognize that private property and economic development are the best mechanisms that society may offer to achieve this goal. It is our intention to help in this endeavor by promoting the closely linked entrepreneurship.

Location: Coral Gables, FL       Team website

 

Latest Messages  

6 messages. Join the team to get in on the action!

Team Activity

  • Bisdak Group
    Lebanon
    Bisdak Group received a loan from Ian to support her prepaid mobile phone cards business through increasing her business capital to increase her income.
    Ian
    0% repaid
  • Lida
    Philippines
    Lida received a loan from Sylvain to pay for labor in land cultivation.
    Sylvain
    0% repaid
  • José Dolores
    El Salvador
    José Dolores received a loan from Mark to make the rent payment on his land; to purchase formula and sulfates; and to pay laborers.
    Mark
    0% repaid
  • Bisan
    Palestine
    Bisan received a loan from Jose A to pay the university installments for this semester.
    Jose A
    0% repaid
  • Florentine
    Rwanda
    Florentine received a loan from Jose A to buy more sorghum to sell.
    Jose A
    0% repaid
  • Momoh
    Sierra Leone
    Momoh received a loan from Derek to purchase cartons of hair cream, batteries, sweets, milk, crates of soft drinks and bundles of pure water.
    Derek
    0% repaid
  • Maa Tarini Shg (B) Group
    India
    Maa Tarini Shg (B) Group received a loan from Ryan to purchase two new sewing machines and fabrics for her tailoring shop.
    Ryan
    0% repaid
  • Sefeliga
    Samoa
    Sefeliga received a loan from Ian to buy bags of flour, sugar, a large frying pan, cooking oil, yeast, a large pot and a new oven.
    Ian
    17% repaid
  • Esperanza Delia
    Nicaragua
    Esperanza Delia received a loan from Mark to buy wood, cement boards, iron, and cinder block.
    Mark
    13% repaid
  • Erick Arnold
    El Salvador
    Erick Arnold received a loan from Ian to buy shirts, paint, silk, and frames for his silk-screen printing business.
    Ian
    19% repaid

Impact   Updated Hourly

39
Team Members
$26,975
Amount Loaned
900
Loans
23.1
Loans per member