Friday, March 24, 2006 

New Mutual Fund

So here's my idea, I want to set up a mutual fund that invests in low-interest small business loans in developing areas across the globe. I'm sure there's some way we could get some tax breaks to encourage investment, though I should probably look into that. I figure that we'd need people on the ground in different areas searching for good opportunities, as we'd be selective about who to lend money to, there would have to be a proposal process, but we would publicize the opportunity in the communities of focus in order to ensure that we get as many viable investments as possible. We'd be providing a service to the citizens and economies of developing nations, particularly if we looked to sustainability as a focus of investment. And if we are good in choosing who to invest in, then we will be able to provide a return to our investors and thus encourage greater investment in our fund and thus greater investment on a local scale to communities throughout the world.

I think a good way of marketing it is to model it after, in that the return to investors focusing more on cultural capital, essentially coming back as a return to the betterment of everyone rather than being a traditional profit venue.