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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

  • Carlos Arturo
    Colombia
    Carlos Arturo received a loan from Derek (DEMA) to acquire a computer and Internet service so that he can expand his telecommunications services.
    Derek (DEMA)
  • Margie
    Philippines
    Margie received a loan from Ian to buy items to sell like canned goods, personal care products, etc.
    Ian
  • Wilian Alfredo
    Peru
    Wilian Alfredo received a loan from Ian to buy construction materials, to have a secure house.
    Ian
  • Gia
    Georgia
    Gia received a loan from Jose A his plan to make irrigation systems in an apple orchard and pumpkin garden.
    Jose A
  • Odalis Junior
    Dominican Republic
    Odalis Junior received a loan from Jose A cover the costs of his higher education in information and communication technology.
    Jose A
  • Garik
    Armenia
    Garik received a loan from Derek (DEMA) to buy bee hives, wax papers and frames to develop his bee keeping activities.
    Derek (DEMA)
  • Elias
    Mexico
    Elias received a loan from Mark to pay for the birth of his child.
    Mark
  • Jury
    Cambodia
    Jury received a loan from Derek (DEMA) to purchase more washing machines for her shop.
    Derek (DEMA)

Impact   Updated Hourly

38
Team Members
$34,350
Amount Loaned
1,178
Loans
31.0
Loans per member