Socialholic

Caught in a web of social media

Could you lend me a few quid… well, not me…

with 15 comments

Lendwithcare.org microloans from CARE International - Banner Ad

**PLEASE NOTE** The poll in this post is now closed. The results can be found at http://www.socialholic.co.uk/?p=352 and we would welcome more #KindaAngels to join us in funding this project. We still need more Angels. Please consider being one of them. Thank you!**

There is a very healthy charitable strain running through the people I converse with online – and it’s that generosity of spirit that I think makes you all special. And for that I give you a big old *mwaaaaaaaaaaah*!

OK, so I know what you’re thinking – ‘What does he want now?’

Well, shame on you! I’m not asking for you to donate anything!

So there.

I hope you feel ashamed to be thinking like that.

Personally, I can’t believe it.

Especially after I was so nice to you up there ^^^.

Well, seeing as you’re still reading, I was just wondering whether you could lend me a few quid. Well, not me. And you’ll not get any interest on it. And you might make a small loss on it. And you might not get it back.

But you might.

You may be familiar with a concept called Micro Finance – small loans to people in developing countries to help them set up and run businesses. It’s a great way of giving people back their independence and self respect while breaking the cycle of dependency that can so easily build up in some of the poorest countries in the world.

Care International have set up a site called LendWithCare and you can find it at http://www.lendwithcare.org

The idea is that you lend a minimum of £15 and that gets passed as a loan to your chosen business. They use the money and then pay it back. If all goes according to plan, the person’s business thrives and you get your £15 back which you can then take and go and spend somewhere else. It’s like being an Angel Investor without the bit where you make a massive profit and spend the rest of your life on yachts.

Sounds too good to be true, doesn’t it?

I’m thinking that too. But it is a model that has worked elsewhere – although I have yet to see it with this Micro Finance fund-raising element too.

So, as you’d expect, I have a proposal to put to you, dear reader.

Proposal

We join together and commit to helping one person. We pick one project, we each (individually) sign up and put our money in and we see how it goes. We use our contacts and social media cleverness to fund their project and hopefully make someone’s life a little bit better. And at the end of it, we might even get our money back.

We’d be kinda like Angel investors – or as I like to think of it #KindaAngels.

If you are interested, please sign up below and vote in the following (majority rules!):

PLEASE NOTE, THIS POLL IS NOW CLOSED!

Just to be absolutely clear (!), this is not investment advice and should not be taken as such. If you decide to get involved, you are doing it voluntarily and without any pressure from me and, if your loan isn’t paid back, it really isn’t my fault!!

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Written by James

August 12th, 2010 at 5:00 pm

  • http://twitter.com/hgholt Helena Holt

    Another fabulous idea James! Look forward to finding out what we are going to be investing in.

  • http://twitter.com/MECAservices Jennifer Riach

    I’ve signed up to this absolutely fantastic idea, and so should everyone! When you think about the money we spend on new iPads, HD ready flatscreen TVs, the latest must have mobile phone, and other technology, a mere £15 is not a lot for each of us to find! Akoua’s food shop wins for me ;-)

  • http://www.socialholic.co.uk James Barisic

    …and people might well get it back! It’s a no-brainer! :)

    Thank you for your support! :)

  • http://www.socialholic.co.uk James Barisic

    Thank you! Now all we have to do is pull it off! :) But we’ve done it before, so we can do it again!! :)

    It’s exciting isn’t it? We could really make a difference to a person, their business and their family. I’m proper excited about this!!

  • http://twitter.com/coscomputing Dave H

    Excellent idea!
    I think this is a very worthwhile cause and despite choosing who i’d like to win, am more than happy to put towards any of these people.

  • http://www.socialholic.co.uk James Barisic

    Dave, you’re a star! Thank you!

    With just four of us committing so far, we’re already up to £60 we can lend to an entrepreneur. Brilliant, isn’t it!

    Hopefully, we can find some more too! :)

    THANK YOU!

  • http://twitter.com/hgholt Helena Holt

    Another fabulous idea James! Look forward to finding out what we are going to be investing in.

  • http://twitter.com/MECAservices Jennifer Riach

    I've signed up to this absolutely fantastic idea, and so should everyone! When you think about the money we spend on new iPads, HD ready flatscreen TVs, the latest must have mobile phone, and other technology, a mere £15 is not a lot for each of us to find! Akoua's food shop wins for me ;-)

  • http://www.socialholic.co.uk James Barisic

    …and people might well get it back! It's a no-brainer! :)

    Thank you for your support! :)

  • http://www.socialholic.co.uk James Barisic

    Thank you! Now all we have to do is pull it off! :) But we've done it before, so we can do it again!! :)

    It's exciting isn't it? We could really make a difference to a person, their business and their family. I'm proper excited about this!!

  • http://twitter.com/coscomputing Dave H

    Excellent idea!
    I think this is a very worthwhile cause and despite choosing who i'd like to win, am more than happy to put towards any of these people.

  • http://www.socialholic.co.uk James Barisic

    Dave, you're a star! Thank you!

    With just four of us committing so far, we're already up to £60 we can lend to an entrepreneur. Brilliant, isn't it!

    Hopefully, we can find some more too! :)

    THANK YOU!

  • http://www.socialholic.co.uk James Barisic

    Dave, you're a star! Thank you!

    With just four of us committing so far, we're already up to £60 we can lend to an entrepreneur. Brilliant, isn't it!

    Hopefully, we can find some more too! :)

    THANK YOU!

  • http://twitter.com/ellisgraphics James Ellis

    Thanks for bringing this great idea to my attention. I have often thought that this form of “charity” is much more empowering for everyone involved, as you say, win-win!

  • http://twitter.com/ellisgraphics James Ellis

    Thanks for bringing this great idea to my attention. I have often thought that this form of “charity” is much more empowering for everyone involved, as you say, win-win!