moocow1452 comments on Who Wants To Start An Important Startup? - Less Wrong

41 Post author: ShannonFriedman 16 August 2012 08:02PM

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Comment author: John_Maxwell_IV 14 August 2012 09:25:34PM 3 points [-]

This sounds a lot like a credit union.

Comment author: SilasBarta 14 August 2012 10:53:09PM 3 points [-]

You mean in terms of it being a member-restricted lending institution, in terms of existing CUs using group social pressure to encourage loan repayment (which, if true, I didn't know), or in some other respect(s)?

Comment author: Hroppa 17 August 2012 10:38:42AM 2 points [-]

Group social pressure is a commonly used tool in microfinance efforts. Might be worth reading about them.