Idlemind - nickcoster.com

Walking down Martin Place in Sydney every day it is easy to feel like a scrooge as I turn away a host of charity workers asking for money, or a credit card number to help them support their chosen cause.

In the mean time Seth Godin raved about a micro loan project where instead of donating money to a cause that is (at least to me) quite faceless, i loan money to an individual investor to help them achieve a particular goal.

And then they pay it back, which gives me the opportunity to give again later with the same money. So I am going to pledge here that I will invest USD$50 a month to this process.

While it doesn’t payback any interest there is a different kind of return. A human return. I will get to hear how the loan has effected the lives and the family who has less than me but is doing something about it. Now that I am a father, thinking about the future of the world and setting an example in it feels rather important.

I think that this is a great idea and the longer I contribute the more value I will be able to add over time.

Imagine what $700Billion might have done for these sort of people…