How much do you plan to Lend when Microlending comes to Canada?
Submitted by Dan on Mon, 06/04/2007 - 21:26
Post here and let us know. I think I will be in the $200-$500 range depending on quality of listings available.
How much?
Any amount I was prepared to lend would have to be an amount I was prepared to 'lose'. In other words I would loko at the amount as more of an expense than an investment at first.
peer to peer lending
I could see doing a couple of hundred bucks per loan, but I probably wouldn't do more than a few thousand total until I saw how well it worked.
The problem will be getting a critical mass of Canadians, I predict.
Mike
I completely agree! At first
I completely agree! At first its going to take a good group of people who are willing to try it out. However, once people see that there is money to be made I think it will really pick up!
Post new comment