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Session1A

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on July 21, 2007 at 11:10:32 am
 

Funding relief efforts

credit financing

how do you get the money back/loans repaid

using peer pressure as repayment assurance

Kiva.org stats (fastest moving social network platform)

Just Cause (online platform and publication)

Knowledge is power

APIs to gather information on people devastated by natural disasters

Mashup between swivel based data gathered from federal agencies, with platform from prosper, zopa, kiva

Pledge bank

Focus on orgs that have access to technology and data

Might push orgs to switch from gaining access to funds to enabling and acquiring technology to hook into a global network which will get them money faster than they ever could on their own

Human to human and can help address non crisis issues

Would enable people who say they want to do something but feel impotent to act and give them tools to engage and change

Harnesses wisdom of crowds to fund many different projects with different priorities

A change in what investing means (from charity, paternalism to action and rescue)

Changes the model and more than that the result

The creation of dependancy, exploitation, corruption, cultural arrogance, is ended

There is accountability, expectation, empowerment

Community pressure in microcredit is critical

Microcedit creates assets owned by the community to create peer ownership and pressure

If community owns these assets, then the first in line feel pressure to repay so second in line has a chance at the financing next

Local control/capital

The concept of community has changed, there are less limits to what community can mean

We can create a community around anything we're interested in, more like-minded than geographic

More organic

This concept is key to create accountability

Just as important to receive as it is to give, so receivers are a part of the community and not just interchangeable pieces to feel sorry for.

The givers are considered investors in projects that change lives

"I seem to be a verb"

Community is a verb not a noun - transition to tribalism to a new tribalism which is opt in

We all know that those who opt in are more likely to engage

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