Site Map Comparison - Big Austin, PeopleFund, Accion Texas, MC_Funding Sources + 3 more items

[kala...@gmail.com]

Hello - Here are links to some of the mashup materials prepared for last
night's meeting - comparisons of 3 microlending groups in Austin - Big
Austin, PeopleFund, and Accion.

- Participants used this info to discuss the following: What basic member
requirement of Grameen (and most other mfi in developing countries) is
missing from the Austin (and US) model.

- Compare Kiva's source of entrepreneurs with these Austin mfi's. Based on
that information and your own knowledge, how would you suggest that an
Austin Social Business Fund would find entrepreneurs in need of loans?

Bonus - what is a critical component of the delivery infrastructure of the
ASBF (ie what must be enabled on the website)?

It was a great meeting, interesting discussion, I will post more once my
head clears!

Site Map Comparison - Big Austin, PeopleFund, Accion Texas
http://docs.google.com/Doc?id=dfh3c5n7_143f3hmfbc5&invite=f4d2n4r

MC: People - Boards Members of local mc orgs.
http://docs.google.com/Doc?id=dfh3c5n7_136dstfqvc9&invite=gt7wnrj

Microcredit - basic comparisons
http://docs.google.com/Doc?id=dfh3c5n7_145v3d925jv&invite=gx9mcz

MC_SmallBizResource
http://docs.google.com/Doc?id=dfh3c5n7_138g5kbvnc8&invite=czpsn8p

MC_Funding Sources
http://docs.google.com/Doc?id=dfh3c5n7_144cd5g98hf&invite=fv4b7j4

[Eugene Sepulveda]

Hi, just to clarify, PeopleFund isn't really a microlender.

It's the next stage up. Our loans are $50k to $250k, require collateral and
a source of repayment. We don't usually make startup loans. Though, we do
finance enterprises that create jobs and wealth in low to moderate income
communities, and we do stretch to make lower credit scores, less than
adequate collateral and generally more risk, bankable. If something is
commercially bankable, then we send it to a bank. We also match intellectual
capital with our financial capital, since the former is usually at least
important as the latter to our entrepreneurs' success.

Best,

**********
Eugene

http://communitymatters.biz It's about community, politics, thoughts, news
and sometimes just silly fun

[Kala Philo]

Thanks for that Eugene! We did discuss last night how PF is different and I appreciate your clarification on the correct terminology.

Much of the context of the discussion was comparing how higher risk lending works in US vs. other countries, where much smaller loans are made with no collateral requirements, also talked about how different models impact community building, an area where PeopleFund devotes much thought, effort and resources.

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Kala Philo
Walkie Talkie Productions
Digital and Internet Video Services
512.567.6046

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