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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  

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

Team Activity

  • Ovidio Otilio
    El Salvador
    Ovidio Otilio received a loan from jean to buy a photo printer.
    jean
    0% repaid
  • Gulnaz
    Pakistan
    Gulnaz received a loan from Ian to buy packs of salt, biscuits, and beverages.
    Ian
    7% repaid
  • David
    Uganda
    David received a loan from jean to buy more sugar, soap, cooking oil, and rice.
    jean
    0% repaid
  • Robert
    United States
    Robert received a loan from jean to pay for repairs to his business vehicle.
    jean
    9% repaid
  • Imelda
    Philippines
    Imelda received a loan from Mark to purchase additional stock like sugar, soap, shampoo, etc. to sell.
    Mark
    16% repaid
  • Charles
    Kenya
    Charles received a loan from Mark to purchase bicycle tires, springs, tubes, bolts, and motorcycle seats.
    Mark
    0% repaid
  • Fritz Andrew
    Philippines
    Fritz Andrew received a loan from Mark to purchase additional stock for his used-shoes retail business.
    Mark
    20% repaid
  • Rosemarie
    Philippines
    Rosemarie received a loan from Sylvain to purchase additional feeds.
    Sylvain
    21% repaid
  • Lorena
    El Salvador
    Lorena received a loan from Mark to buy 4 heifers.
    Mark
    17% repaid
  • Vasil
    Albania
    Vasil received a loan from Mark to buy baby calves.
    Mark
    8% repaid

Impact   Updated Hourly

40
Team Members
$25,350
Amount Loaned
841
Loans
21.0
Loans per member