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We loan because...
"Today it is almost heresy to suggest that scientific knowledge is not the sum of all knowledge. But a little reflection will show that there is beyond question a body of very important but unorganized knowledge which cannot possibly be called scientific in the sense of knowledge of general rules: the knowledge of the particular circumstances of time and place. It is with respect to this that practically every individual has some advantage over all others because he possesses unique information of which beneficial use might be made, but of which use can be made only if the decisions depending on it are left to him or are made with his active coöperation. We need to remember only how much we have to learn in any occupation after we have completed our theoretical training, how big a part of our working life we spend learning particular jobs, and how valuable an asset in all walks of life is knowledge of people, of local conditions, and of special circumstances." Friedrich Hayek, The Use of Knowledge in Society

Location: Planet Earth       Team website

 

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Team Activity

  • Meline
    Armenia
    Meline received a loan from Libby to pay for her tuition fee to become a pedagogue of special education.
    Libby
  • Saeda
    Jordan
    Saeda received a loan from Libby to buy food for her poultry to insure their survival and guarantee an income for her family.
    Libby
  • Adham
    Palestine
    Adham received a loan from Libby to buy goods and tools that are needed for his plastering work.
    Libby
  • Mai
    Palestine
    Mai received a loan from Ben Parizek to buy an addition tailor machine to facilitate her work and provide her customers with better service.
    Ben Parizek
  • Nyambere Group
    Burundi
    Nyambere Group received a loan from Ben Parizek increase her capital and purchase many bunches of bananas to resell in order to earn more.
    Ben Parizek
  • Someun's Group
    Cambodia
    Someun's Group received a loan from Ben Parizek to buy a water filter to provide safe drinking water for their family.
    Ben Parizek

Impact   Updated Hourly

10
Team Members
$6,550
Amount Loaned
204
Loans
20.4
Loans per member