Lending an ear to lending circles might help small business owners
- Wednesday, 02 November 2016
- Accounting/Banking/Credit
The original concept behind lending circles, a situation whereby people pool their resources and then share that pot with a needy member, is similar to the socialistic approach of an Israeli kibbutz. According to Wikipedia, a kibbutz is a collective community comprised of members who provide a service to other members of the collective for the greater good of the group.
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