That's amazing.
Zidisha says the $504k I've donated has funded $1,180,513 worth of loans to 24,921 people. It's amazing how the numbers increase as the money cycles back through the system.http://zidisha.org
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Maybe you should write an essay about charity.
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How does Zidisha compare with Kiva?
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- No middleman: Zidisha is a direct person-to-person community with no intermediaries - Lower cost: No middleman means lower interest rates for the borrowers - Auto-relending: 100% automated process - Impact accounts receive growth credits, so they growhttps://www.zidisha.org/why-zidisha
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My own numbers: $1,012 I’ve donated 12 months ago has funded $2,186 worth of loans to 136 people. I
Zidisha!
(I‘ve been inspired to start by one of your tweets last year!)Thanks. Twitter will use this to make your timeline better. UndoUndo
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I’ve been lending on Kiva for years, why should I consider lending here?
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- No middleman: Zidisha is a direct person-to-person community with no intermediaries - Lower cost: No middleman means lower interest rates for the borrowers - Auto-relending: 100% automated process - Impact accounts receive growth credits, so they growhttps://www.zidisha.org/why-zidisha
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Just the "time value of money" at play
Thanks. Twitter will use this to make your timeline better. UndoUndo
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The trick is to figure out when the recycling gets beyond the scale at which it can reasonably be expected to go into productivity increasing uses. Beyond that, and we have febezzlement.https://www.japantimes.co.jp/opinion/2015/10/09/commentary/world-commentary/febezzle-comes-home-roost/# …
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