As heard on NPR this morning
June 26, 2002 9:55 AM Subscribe
As heard on NPR this morning "Every month until I die or the Internet becomes obsolete, I have set aside $400--about 12% of my gross monthly income--to help individuals meet small financial needs that they simply cannot afford on their own. "
It's interesting to read the old thread, seeing how so many people were cynical about the whole thing, or didn't believe it at all. Now it's seemingly worked out well, proving all those people wrong.
posted by cell divide at 10:10 AM on June 26, 2002
posted by cell divide at 10:10 AM on June 26, 2002
I gave Modest Needs $5 a couple of weeks ago. Now I feel all warm and fuzzy.
Next up, donate some books to booklend.
posted by ODiV at 10:25 AM on June 26, 2002
Next up, donate some books to booklend.
posted by ODiV at 10:25 AM on June 26, 2002
I guess that means the Internet isn't obsolete yet. Who knew?
posted by RJ Reynolds at 10:52 AM on June 26, 2002
posted by RJ Reynolds at 10:52 AM on June 26, 2002
I have set aside $400--about 12% of my gross monthly income--to help individuals meet small financial needs that they simply cannot afford on their own
Hell, I do the same thing...only the individual happens to be me.
posted by rushmc at 12:54 PM on June 26, 2002
Hell, I do the same thing...only the individual happens to be me.
posted by rushmc at 12:54 PM on June 26, 2002
I guess this has come full circle now -- the original post here was what led to all the attention Modest Needs got in the beginning (and, ultimately, from NPR as well, I imagine), wasn't it?
posted by mattpfeff at 1:24 PM on June 26, 2002
posted by mattpfeff at 1:24 PM on June 26, 2002
Nice concept. It demonstrates that people are, essentially, benevolent and charitable, and operates on a purely voluntary basis.
posted by davidmsc at 3:48 PM on June 26, 2002
posted by davidmsc at 3:48 PM on June 26, 2002
Hey, you can donate to me. I need some food. Paypal me mone at cokere at hatori42 dot com
thanks.
posted by delmoi at 11:21 PM on June 26, 2002
thanks.
posted by delmoi at 11:21 PM on June 26, 2002
Reminds me slightly of some of the charity schemes that have been run in the developing world to give small loans to people who would be refused loans by conventional lenders, which have had an incredibly positive effect. Can't find a reference right now though.
posted by kerplunk at 2:36 AM on June 27, 2002
posted by kerplunk at 2:36 AM on June 27, 2002
They are called microloans. Here's the typical success story:
http://www.wired.com/wired/6.02/neweconomy.html
And here's a sobering update of how people abuse the system:
http://www.urban-renaissance.org/urbanren/index.cfm?DSP=content&ContentID=1541
posted by richcasto at 10:01 AM on June 27, 2002
http://www.wired.com/wired/6.02/neweconomy.html
And here's a sobering update of how people abuse the system:
http://www.urban-renaissance.org/urbanren/index.cfm?DSP=content&ContentID=1541
posted by richcasto at 10:01 AM on June 27, 2002
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posted by eyeballkid at 10:00 AM on June 26, 2002