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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

  • Pacita
    Philippines
    Pacita received a loan from Mark to buy additional sand and gravel.
    Mark
    0% repaid
  • Christy
    Philippines
    Christy received a loan from Mark to buy feeds and other supplies to raise her pigs.
    Mark
    0% repaid
  • Sharapat
    Kyrgyzstan
    Sharapat received a loan from Jose A to buy rice for resale in market.
    Jose A
    0% repaid
  • Elma
    Philippines
    Elma received a loan from Ian to purchase more items like snack food, noodles and other groceries.
    Ian
    $350 to go
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  • Alma
    Mexico
    Alma received a loan from Ian to buy flour, sugar, eggs and fruits.
    Ian
    0% repaid
  • Aisuluu
    Kyrgyzstan
    Aisuluu received a loan from Jose A to buy three cows in order to increase her livestock headcount.
    Jose A
    0% repaid
  • Clotilda
    Philippines
    Clotilda received a loan from Derek (DEMA) to buy items to sell like canned goods, candies, cigarettes, home care products and other supplies.
    Derek (DEMA)
    0% repaid
  • Ahmad
    Lebanon
    Ahmad received a loan from Ian to buy necessary raw materials requested for his newly established business.
    Ian
    6% repaid
  • Eunice
    Kenya
    Eunice received a loan from Ian to purchase a hair drier machine and stock of hair braids for her beauty salon business.
    Ian
    0% repaid
  • Evelyn
    Philippines
    Evelyn received a loan from Ian to pay for the acquisition of her pawned rice land.
    Ian
    11% repaid

Impact   Updated Hourly

39
Team Members
$28,550
Amount Loaned
959
Loans
24.6
Loans per member