yahooooooo news...
i heard about this concept a few years ago and i thought it made a lot of sense... and then i forgot all about it... but then i saw this guy... and i read all about what he has been doing and its about the coolest thing i have seen anyone do...
look also at the wikepedia article for a complete overview of the microlending concept... you can see how ridiculous this thing can get... there is no particular virtue in microlending.. just virtuous people who use it to make a positive impact...
its like helping a guy to learn to fish...
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3 comments:
YOu should ask my wife about this... she's done a lot of analysis work on this. The statistics on defaulting (namely, no one ever does) and why are fascinating, especially if you're the type who gripes about the shrinking middle-class in the developed nations.
i am that type!...
tell us all about it!
Isn't this the part in the movie where the music starts and Elvis sings?
OK, I'll see if I can't get her on here to chime in...
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