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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

  • Betty
    Uganda
    Betty received a loan from jean to buy food items for the hotel, which sells cooked food.
    jean
    0% repaid
  • Aisha
    Uganda
    Aisha received a loan from jean to purchase more birds and feeds for the poultry business.
    jean
    0% repaid
  • Getrude
    Uganda
    Getrude received a loan from jean to buy more fertilizers.
    jean
    0% repaid
  • Juliet
    Uganda
    Juliet received a loan from jean to buy additional items to sell in her grocery store.
    jean
    0% repaid
  • Ciro
    Mexico
    Ciro received a loan from Jose R. to pay for materials to replace the roof and install windows and doors.
    Jose R.
    0% repaid
  • Dora Elsy
    Colombia
    Dora Elsy received a loan from Mark to buy a freezer to store fruit and to buy assortment for her business.
    Mark
    0% repaid
  • Hay
    Cambodia
    Hay received a loan from Sylvain to purchase fertilizer and seed.
    Sylvain
    9% repaid
  • Leny
    Philippines
    Leny received a loan from Ian to purchase more items like bread, soft drinks, spices and other groceries to sell.
    Ian
    32% repaid

Impact   Updated Hourly

38
Team Members
$26,350
Amount Loaned
878
Loans
23.1
Loans per member