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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

  • 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
    0% 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
    5% repaid
  • Jennifer
    United States
    Jennifer received a loan from Jose A to sustain the movement of her Montessori school to a larger building by paying her employees and rent through this summer.
    Jose A
    5% repaid
  • Ibrahim
    Lebanon
    Ibrahim received a loan from Jose A to buy a special electric air compressor that will improve his business and increase his income.
    Jose A
    6% repaid
  • Zulia Yudis
    Colombia
    Zulia Yudis received a loan from Jose A to buy eggs, bread, rice, salt, sugar, cheese amongst other products to strengthen the inventory of her enterprise.
    Jose A
    11% repaid

Impact   Updated Hourly

40
Team Members
$28,350
Amount Loaned
952
Loans
23.8
Loans per member