micro financing

 created by

 basically = a personal small loan system to people who are asking for the loan in poor countries. it is not a charity! they pay back.

i would like to create an ISL FUND that gives them the loan money needed and gets paid back into the fund. in this case when people put money into this “pool” for them it is a donation. 

i would like to organize this myself or perhaps with a friend. but i’d like to be the chairman. this fund would grow continously as people put money in increasing the amount of people we can lend loans too. the loans are paid back without intrest btw.

every two years i would hold fund rasaing events in an attempt to increase the amount in this pool of money.  i would continue this project until i graduate when i would hand it over to a succesor who would hopefull continue as i did.

the loans are paid back from 1 year to 7 years and thus this is a long term project but i hope to have a large pool of money that can give loans to the people in need for a long time.

i will post details shortly