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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

  • Annie
    Liberia
    Annie received a loan from Ben Parizek to buy more flour, oil, salt, sugar, baking powder, and yeast to sell.
    Ben Parizek
  • Krystal
    United States
    Krystal received a loan from Libby which helps expanding her business by employing and teaching women in underserved communities culinary skills and to help them find a way out of poverty by sharing her plant-based cooking.
    Libby
  • Matthew
    United States
    Matthew received a loan from Libby which helps fix my gas bench analyzer that will allow for me to test older vehicle models and expand my business opportunities.
    Libby
  • Christian
    United States
    Christian received a loan from Libby which helps with improving inventory, purchasing equipment, and promoting love through fashion.
    Libby
  • Mariam
    Burkina Faso
    Mariam received a loan from Ben Parizek to purchase 5 bags of dried peppers.
    Ben Parizek
  • Mobgtaaba De Wayalghin Group
    Burkina Faso
    Mobgtaaba De Wayalghin Group received a loan from Ben Parizek to pay for 2 sacks of millet, a sack of corn, and 2 sacks of beans to resell, eventually to become a wholesaler and to help cover family expenses.
    Ben Parizek

Impact   Updated Hourly

10
Team Members
$6,875
Amount Loaned
217
Loans
21.7
Loans per member