From my point of view I liked the idea of the world's biggest site.

Well, surprisingly of course venture capital always does follow on rounds so this was kind of a trick question.

You must employ your capital well.

Whether people will continue to loan them money.

And then if we go to, let's say, 2003.

At the time, there was a microlending group in the village that gave her a 65 dollar loan.

And so with patient capital from Acumen and other organizations,

So this is lending some cash.

Well we learned what happens.

What are you carrying?

I'm pulling out of his scheme.

The least important form of capital, in this project, is financial capital money.

That and money.

So this is the treasury yield curve.

And so that cash ended up here.

And the corollary of more people willing to lend, is you that the actual standards go down.

Debt's a little different.

Now, who are they accountable to?

Supporting financially

I met him on the train.

less capital intensive that there's less money that's required

And today, less than five years in,

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And we might have a little bit of cash here in this asset that's needed for the cash register.

So once again, it's just a loan to someone else.

I guess you could say non cash assets, right?

let's have corporations take over, and that's not true.

We've got our funding.

Local finance are bankrolling the industrial promotion program.

We're now moving into East Africa.

Let's just show an example of how the actual mortgage works.

So that's a very handsome return.

And in between, there should be a public agency, the Independent Service Authority, which channels public money, and especially donor money, to the retail providers.

Hey.

He's funding the AntiSurrogacy Movement.

97 percent of all the scheduled repayments came back to us on time.

It could be patents, it could be licenses.

Now, if you don't trust someone, you place restrictions on them, right?

Also, going to the small business administration or getting SBlR grants also fit into the financing column.

But essentially what happened is the investors in the mortgage backed securities provided the money to the special purpose entity to essentially loan to the borrowers.

The bank accommodated the company with a loan.

One, two, three enterprises are put together to repay loans.

And that's the best they could do.

But the banks are still pretty confident then, and they're like, no.

Let's see what happens when n is equal to 2.