Moving Beyond Communications

The concept of micro finance fascinates me. The basic idea is that by using the same tools that make open source and Web distributed communications possible, everyone with money can become a lender and anyone can become a borrower.

Steve Hamm points to Kiva, which is a site that lets people in the US and other moneyed western nations provide loans to entrepreneurs in developing nations. So an entrepreneur puts up their pitch and then a person such as myself reads it and decides how much money to provide. Of course, I wouldn't be the only person loaning money, so while I may only put in $25, someone else may put up $100 or $50. Eventually the entrepreneur will get the capital they need and then start paying back the loan. And if that person defaults, each one of us is out the few bucks, but if the person pays back the loan everyone makes a little money.

Another site like this geared at Americans is Prosper. I found people on there looking for loans for everything from home improvements to adoption.

Personally, I haven't yet put my money where the need is, but I'd like to soon. I love it when these tools move beyond simple communication and start to change lives.

Making Music

I've known Peter Kohan since both of us were struggling through puberty. Not a pretty site.

But by now we're both grown and mostly through the awkward stage. Peter is in the music industry and just launched the blog Appetite for Disruption, yes, a takeoff on the Guns-n-Roses debut album.

From his introductory post:

From a very young age I was obsessed with listening to music; my father had a turntable and I played his copy of Sgt. Pepper's Lonely Hearts Club Band until it wore out. This is nothing new here. We are all exposed to music in its many forms throughout our lives and feel certain types of music deeply, while other genres or artists we can take or leave or downright dislike. I was never able to master a musical instrument, so I couldn't translate my particular passion into a creative outpouring. I have, despite that handicap, been able to develop for myself a nine-year career (thus far) in the music business.

To be fair, Peter did try singing in a cover band we once put together, complete with a horn section (I played the trombone). Ambitious, but it only lasted two or three days.

That said, considering the metamorphosis the music industry is experiencing, his thoughts are definitely worth a read.