home.social

#microcredits — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #microcredits, aggregated by home.social.

  1. In #kiva you can choose the countries you prefer to loan to.

    I tend to avoid loans in the US (but that's a personal preference of course) and I look for loans in countries where I haven't lent to yet. 9% of my loans were in Kenya.

    You can also choose the sectors you prefer to support. Attached a breakdown of my portfolio

    85% of my loans were to women.

    I've loaned to several beauty salons, but not to any bookstore yet!

    #microcredits

  2. KIVA is crowdfunding for microcredits. I've been using it since november 2007, that's more than 18 years!

    Here are some stats about how I use it:
    - I've contributed to 1305 loans, usually $25 to each.
    - I have around $3k in the system, but as they have been relended several times, I've lended for a total value of $33k
    - I have contributed to loans in 79 different countries

    (cont.)

    #kiva #microcredits

  3. I continue drafting the FediCredits specification. Today I've outlined what is possibly the most complex section:

    Reviewing a microcredit request
    doks.komun.org/s/6LaBf949r#Rev

    How can you approve microcredits beyond people you already know, reducing the risk of losses and also the risk of your own discriminatory biases?

    #FediCredits #microcredits

  4. I continue drafting the FediCredits specification. Today I've outlined what is possibly the most complex section:

    Reviewing a microcredit request
    doks.komun.org/s/6LaBf949r#Rev

    How can you approve microcredits beyond people you already know, reducing the risk of losses and also the risk of your own discriminatory biases?

    #FediCredits #microcredits

  5. I continue drafting the FediCredits specification. Today I've outlined what is possibly the most complex section:

    Reviewing a microcredit request
    doks.komun.org/s/6LaBf949r#Rev

    How can you approve microcredits beyond people you already know, reducing the risk of losses and also the risk of your own discriminatory biases?

    #FediCredits #microcredits

  6. I continue drafting the FediCredits specification. Today I've outlined what is possibly the most complex section:

    Reviewing a microcredit request
    doks.komun.org/s/6LaBf949r#Rev

    How can you approve microcredits beyond people you already know, reducing the risk of losses and also the risk of your own discriminatory biases?

    #FediCredits #microcredits

  7. Progress on FediCredits:

    doks.komun.org/s/6LaBf949r

    * @Trex has started translating the specification into Spanish. Thank you very much! :tada:
    * New sections: “The trust index,” “Creating a FediCredit fund,” “Setting the interest rate,” “Minimizing costs,” and “Submitting a microcredit request.”

    We're almost done with the first complete draft. I wonder if what we have so far is interesting to
    people involved in the #SocialEconomy.

    #FediCredits #microcredits

  8. Progress on FediCredits:

    doks.komun.org/s/6LaBf949r

    * @Trex has started translating the specification into Spanish. Thank you very much! :tada:
    * New sections: “The trust index,” “Creating a FediCredit fund,” “Setting the interest rate,” “Minimizing costs,” and “Submitting a microcredit request.”

    We're almost done with the first complete draft. I wonder if what we have so far is interesting to
    people involved in the #SocialEconomy.

    #FediCredits #microcredits

  9. Progress on FediCredits:

    doks.komun.org/s/6LaBf949r

    * @Trex has started translating the specification into Spanish. Thank you very much! :tada:
    * New sections: “The trust index,” “Creating a FediCredit fund,” “Setting the interest rate,” “Minimizing costs,” and “Submitting a microcredit request.”

    We're almost done with the first complete draft. I wonder if what we have so far is interesting to
    people involved in the #SocialEconomy.

    #FediCredits #microcredits

  10. Progress on FediCredits:

    doks.komun.org/s/6LaBf949r

    * @Trex has started translating the specification into Spanish. Thank you very much! :tada:
    * New sections: “The trust index,” “Creating a FediCredit fund,” “Setting the interest rate,” “Minimizing costs,” and “Submitting a microcredit request.”

    We're almost done with the first complete draft. I wonder if what we have so far is interesting to
    people involved in the #SocialEconomy.

    #FediCredits #microcredits

  11. Progress on FediCredits:

    doks.komun.org/s/6LaBf949r

    * @Trex has started translating the specification into Spanish. Thank you very much! :tada:
    * New sections: “The trust index,” “Creating a FediCredit fund,” “Setting the interest rate,” “Minimizing costs,” and “Submitting a microcredit request.”

    We're almost done with the first complete draft. I wonder if what we have so far is interesting to
    people involved in the #SocialEconomy.

    #FediCredits #microcredits

  12. FediCredits progress:

    * Completed the initial table of contents (skeleton).

    * New “Who is Who” section: funders, providers, and borrowers.

    Curious about what you think about the idea of providers becoming funders too -- a move that opens the possibility of microcredits with 0% interest or even at a discount, when doing the whole math.

    doks.komun.org/s/6LaBf949r#Who

    #FediCredits #microcredits #SocialEconomy #Fediverse

  13. FediCredits progress:

    * Completed the initial table of contents (skeleton).

    * New “Who is Who” section: funders, providers, and borrowers.

    Curious about what you think about the idea of providers becoming funders too -- a move that opens the possibility of microcredits with 0% interest or even at a discount, when doing the whole math.

    doks.komun.org/s/6LaBf949r#Who

    #FediCredits #microcredits #SocialEconomy #Fediverse

  14. FediCredits progress:

    * Completed the initial table of contents (skeleton).

    * New “Who is Who” section: funders, providers, and borrowers.

    Curious about what you think about the idea of providers becoming funders too -- a move that opens the possibility of microcredits with 0% interest or even at a discount, when doing the whole math.

    doks.komun.org/s/6LaBf949r#Who

    #FediCredits #microcredits #SocialEconomy #Fediverse

  15. FediCredits progress:

    * Completed the initial table of contents (skeleton).

    * New “Who is Who” section: funders, providers, and borrowers.

    Curious about what you think about the idea of providers becoming funders too -- a move that opens the possibility of microcredits with 0% interest or even at a discount, when doing the whole math.

    doks.komun.org/s/6LaBf949r#Who

    #FediCredits #microcredits #SocialEconomy #Fediverse

  16. I am drafting a specification for FediCredits: microcredits for local and online communities that can be federated.

    doks.komun.org/s/6LaBf949r

    FediCredits could start casually and grow in experience and number. And if they federate, they could be very resistant to economic shocks (which are coming).

    First impressions?

    #FediCredits #microcredits

  17. I am drafting a specification for FediCredits: microcredits for local and online communities that can be federated.

    doks.komun.org/s/6LaBf949r

    FediCredits could start casually and grow in experience and number. And if they federate, they could be very resistant to economic shocks (which are coming).

    First impressions?

    #FediCredits #microcredits

  18. I am drafting a specification for FediCredits: microcredits for local and online communities that can be federated.

    doks.komun.org/s/6LaBf949r

    FediCredits could start casually and grow in experience and number. And if they federate, they could be very resistant to economic shocks (which are coming).

    First impressions?

    #FediCredits #microcredits

  19. I am drafting a specification for FediCredits: microcredits for local and online communities that can be federated.

    doks.komun.org/s/6LaBf949r

    FediCredits could start casually and grow in experience and number. And if they federate, they could be very resistant to economic shocks (which are coming).

    First impressions?

    #FediCredits #microcredits

  20. Estoy esbozando una especificación para FediCredits: microcréditos para comunidades locales y online que pueden federarse.

    doks.komun.org/s/6LaBf949r

    Los FediCredits podrían empezar de manera casual e ir creciendo en experiencia y número. Y si federan, podrían ser muy resistentes a los embates económicos (que se avecinan).

    Está en inglés pero lo traduciré cuando esté estable si nadie se me adelanta.

    ¿Primeras impresiones?

    #FediCredits #microcredits

  21. Estoy esbozando una especificación para FediCredits: microcréditos para comunidades locales y online que pueden federarse.

    doks.komun.org/s/6LaBf949r

    Los FediCredits podrían empezar de manera casual e ir creciendo en experiencia y número. Y si federan, podrían ser muy resistentes a los embates económicos (que se avecinan).

    Está en inglés pero lo traduciré cuando esté estable si nadie se me adelanta.

    ¿Primeras impresiones?

    #FediCredits #microcredits

  22. Microcréditos

    ¿Alguien por aquí tiene experiencias con microcréditos, o sabe de proyectos a observar o lecturas recomendadas?

    Tengo una medio-idea en la cabeza, sólo un esbozo abstracto, y antes de que me embale con detalles quiero ver cómo está el patio de los microcréditos hoy día, especialmente en entornos más online y a ser posible descentralizados / alternativos. Lo poco que sabía está más relacionado con comunidades rurales o de barrios urbanos.

    #Microcréditos #Microcrèdits

  23. Microcréditos

    ¿Alguien por aquí tiene experiencias con microcréditos, o sabe de proyectos a observar o lecturas recomendadas?

    Tengo una medio-idea en la cabeza, sólo un esbozo abstracto, y antes de que me embale con detalles quiero ver cómo está el patio de los microcréditos hoy día, especialmente en entornos más online y a ser posible descentralizados / alternativos. Lo poco que sabía está más relacionado con comunidades rurales o de barrios urbanos.

    #Microcréditos #Microcrèdits

  24. BBC News: Muhammad Yunus: Leaders urge Bangladesh to end attacks on Nobel laureate bbc.com/news/world-asia-666674 #microcredits