Today's post for A Week Of Positive Blogging is to be what we would do with 30 million dollars in three months to change the world.
My first assumption is that we won't have to pay any taxes on this money.
After trying to figure out what to do I came up with one idea that I think although might not change the entire world, may certainly alter it for the better.
I would make loans of $1000 or less to 30 thousand people in developing nations and regions. People would either start their own business or expand one that is already operating. Then when those 30 thousand re-pay the loan I would make 30 thousand more loans and so on.
I'm not sure how many times this could be done in three months but I think it would make huge difference in the world. Instead of giving money that will not be replenished, this money would be recycled time and time again. If all went as planned, millions and millions of people could benefit from such a loan program.
Obviously the time restriction might be a problem but possibly Ehav would give an extension.
Here is link to the blog What Tami Said, she has a nice post for A Week Of Positive Blogging about family. Click here
4 comments:
Hey that is a really original idea. I like that. Also, in terms of the time restriction it you worked your way around it by starting the loans within the first 3 months. I left a big loophole on purpose by not saying that all of the money had to be spent by the end of 3 months. I also put provisions in mine for future development. Good thinking.
Hi Ehav,
Great, then it could actually work if time isn't a problem (and if I really had the 30 mil).
(lol)
Mes Deux Cents: Wow! What a wonderful idea! This is such an original idea.
Lisa,
Thanks. I hope you're working on that script. (lol)
Seriously, that story would be a great movie.
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