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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

  • Delany Gabriela
    Ecuador
    Delany Gabriela received a loan from Ben Parizek to purchase pigs, balanced feed, potatoes, whey and veterinary supplies.
    Ben Parizek
  • Ana Lisseth
    El Salvador
    Ana Lisseth received a loan from Ben Parizek to buy flour, bread, corn, pork skins, soft cheese, and other supplies for preparing and selling pupusas and hamburgers.
    Ben Parizek
  • Keily
    United States
    Keily received a loan from Libby which helps to expand my business and hire more people in my area.
    Libby
  • Fifita
    Tonga
    Fifita received a loan from Jim to buy more pandanus for her weaving business and mulberry for her tapa making business.
    Jim
  • Analyn
    Philippines
    Analyn received a loan from Jim to buy items to sell like canned goods and personal care products.
    Jim
  • Olusheno
    Namibia
    Olusheno received a loan from 2 team members to purchase solar home systems that will be financed for rural customers in Namibia.
    Jim Ben Parizek
  • Blaudis
    Colombia
    Blaudis received a loan from Jim to invest in the purchase of flour, yeast, and meringue.
    Jim

Impact   Updated Hourly

10
Team Members
$12,050
Amount Funded
392
Loans
39.2
Loans per member