Hawala Microfinance and Entrepreneurial Community Ecosystems

December 8th, 2005

Peter Rees said:

You’re looking at a Hawala system, plus.

Hi Peter… great link! Absolutely, that is one of many names and a dominant form for this kind of system. The ‘plus’ aspect, as you are probably suggesting, is the Internet-based software platform to enable the reach and transparency of such a system to support trusted peer-to-peer agreements on a global scale.

To get our thinking out of the formal loan and security ‘banking instrument’ thoughtspace, we’ve used a reference to ‘investors’ (NED inprosumers) purchasing such things as ‘Loom Time Craft Futures’. The idea is to get out of the realm of ownership and into the realm of participation. You might, for example, want to purchase such craft-making futures in order to have a voice in what ‘links’ can be included in the Impact (supply) Chain that moves a product from producer to consumer. Here, the Impact Point ‘links’ can be various fund-raising campaigns on any number of interpersonal or community dimensions. Under such a dynamic collaborative marketplace, the investor’s expected return could take on any number of spendable forms of ‘currency’ to ‘fund’ further participation/voice in the entrepreneurial communiy ecosystem.

–Sohodojo Jim and Timlynn–

Entry Filed under: Entrepreneurial Community Ecosystems, MFM - MicroFinance Marketplace

Hawala Microfinance and Entrepreneurial Community Ecosystems

December 8th, 2005

Peter Rees said:

You’re looking at a Hawala system, plus.

Hi Peter… great link! Absolutely, that is one of many names and a dominant form for this kind of system. The ‘plus’ aspect, as you are probably suggesting, is the Internet-based software platform to enable the reach and transparency of such a system to support trusted peer-to-peer agreements on a global scale.

To get our thinking out of the formal loan and security ‘banking instrument’ thoughtspace, we’ve used a reference to ‘investors’ (NED inprosumers) purchasing such things as ‘Loom Time Craft Futures’. The idea is to get out of the realm of ownership and into the realm of participation. You might, for example, want to purchase such craft-making futures in order to have a voice in what ‘links’ can be included in the Impact (supply) Chain that moves a product from producer to consumer. Here, the Impact Point ‘links’ can be various fund-raising campaigns on any number of interpersonal or community dimensions. Under such a dynamic collaborative marketplace, the investor’s expected return could take on any number of spendable forms of ‘currency’ to ‘fund’ further participation/voice in the entrepreneurial communiy ecosystem.

–Sohodojo Jim and Timlynn–

Entry Filed under: Entrepreneurial Community Ecosystems, MFM - MicroFinance Marketplace


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