[p2p-research] Michel - article about People Capital, P2P student loans for SRI investors

[Michel Bauwens]

thanks for those details Thomas,

The famous Kiva is similarly not a real p2p lending site anymore, they claim
it's not 'efficient', but their communciation is misleading,

Michel

On Sat, Feb 27, 2010 at 10:51 AM, Thomas Greco <thg at mindspring.com> wrote:

>  Dear Leslie,
> Thanks for your assessment. Very helpful.
>
> I just took another look at Prosper.com, which started as a peer-to-peer
> lending intermediary.
>
> They seem to have been effectively corralled by the banking cartel. The
> fine print now says
>
>  *All loans are made by WebBank, a Utah-chartered Industrial Bank. All
> Prosper loans are unsecured 3-year fully amortized loans.*
> But I've not taken the time to thoroughly explore or evaluate it.
>
> Regards,
> Tom
>
>
> ----- Original Message -----
> *From:* Christian, Leslie <leslie at portfolio21.com>
> *To:* 'Thomas Greco' <thg at mindspring.com> ; 'Jenny Kassan'<jenny at katovichlaw.com>; 'Derek
> Huntington' <d.huntington at golocal.coop>
> *Sent:* Friday, February 26, 2010 10:56 AM
> *Subject:* RE: Michel - article about People Capital, P2P student loans
> for SRI investors
>
>  I took a look at this.  Apparently, they are using the accredited
> investor exemption in order to avoid registering securities.  This means
> that the investors/lenders can only be accredited investors.  They seem to
> be appealing to foundations and other institutions.  I think because I’m so
> focused on promoting local economies I can’t really see the point of this.
> It’s not local, it doesn’t involve “regular people” as investors, and there
> doesn’t appear to be any sort of mechanism for peer support and risk
> management.
>
>
>
>
>
> Leslie E. Christian, CFA
>
> President and CEO
>
> Portfolio 21 Investments
>
> Seattle: 206.340.1055 | Portland: 503.953.8334
>
> portfolio21.com <http://www.portfolio21.com>
>
> upstream21.com <http://www.upstream21.com>
>
>
>
> Mutual fund investing involves risk; principal loss is possible.  Portfolio
> 21 invests in foreign securities which are subject to the risks of currency
> fluctuations, political and economic stability and differences in accounting
> standards.
>
> Quasar distributors, LLC, Distributor.
>
>
>
> *From:* Thomas Greco [mailto:thg at mindspring.com]
> *Sent:* Friday, February 26, 2010 2:58 AM
> *To:* Jenny Kassan; Derek Huntington; Christian, Leslie
> *Subject:* Fw: Michel - article about People Capital, P2P student loans
> for SRI investors
>
>
>
>
>
> Does anyone have time to check this out?
>
> Tom
>
>
>
>
>
> On Thu, Feb 25, 2010 at 2:03 AM, Scott Rosenblum <Scott at trylonsmr.com>
> wrote:
>
> Hello Michel,
>
> For P2P Foundation, I thought you might be interested in this article
> from SocialFunds.com about People Capital, peer-to-peer student loan lending
> and how it can be a new option for socially responsible investors.
>
> For linking/posting purposes, here is the link to the article -
> http://www.socialfunds.com/news/article.cgi/2894.html
>
> If you have any questions, please let me know.
> Thanks,
> Scott,
>
>
> *TrylonSMR*
> *Scott Rosenblum**
> Account Director*
> scott at trylonsmr.com
> 274 Madison Ave
> New York 10016
> tel: 212-725-2295 ext 29<http://www.plaxo.com/click_to_call?lang=en&src=jj_signature&To=212%2D725%2D2295+ext+29&Email=sdrosenb@gmail.com>
> fax: 212-725-2243
> www.TrylonSMR.com <http://www.trylonsmr.com/>
>
>
>
>
>
>
>
>
>
>
>
> --
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> thank: http://www.asianforesightinstitute.org/index.php/eng/The-AFI
>
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> --
> Work: http://en.wikipedia.org/wiki/Dhurakij_Pundit_University - Think
> thank: http://www.asianforesightinstitute.org/index.php/eng/The-AFI
>
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-- 
Work: http://en.wikipedia.org/wiki/Dhurakij_Pundit_University - Think thank:
http://www.asianforesightinstitute.org/index.php/eng/The-AFI

P2P Foundation: http://p2pfoundation.net  - http://blog.p2pfoundation.net

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