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Using Peer-to-Peer Student Managed Fund for Community Service
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- Title: Using Peer-to-Peer Student Managed Fund for Community Service
- Author(s): Lynda S. Livingston, Thomas Glassman, C. Shane Wright
- Publisher: Common Ground Research Networks
- Collection: Common Ground Research Networks
- Series: Interdisciplinary Social Sciences
- Journal Title: The International Journal of Interdisciplinary Social Sciences: Annual Review
- Keywords: Peer-to-Peer, Student Managed Funds, Fringe Banking, Payday Lending
- Volume: 5
- Issue: 10
- Date: February 21, 2011
- ISSN: 1833-1882 (Print)
- DOI: https://doi.org/10.18848/1833-1882/CGP/v05i10/51903
- Citation: Livingston, Lynda S., Thomas Glassman, and C. Shane Wright. 2011. "Using Peer-to-Peer Student Managed Fund for Community Service." The International Journal of Interdisciplinary Social Sciences: Annual Review 5 (10): 197-210. doi:10.18848/1833-1882/CGP/v05i10/51903.
- Extent: 14 pages
All Rights Reserved
Copyright © 2011, Common Ground Research Networks, All Rights Reserved
Abstract
Microfinance is spreading rapidly from its not-for-profit roots. For example, peer-to-peer lending sites such as Prosper.com bring microlending to retail investors and small borrowers. In this paper, we describe our use of the Prosper site to host our student-managed fund, which we believe is the only such fund in existence. We then describe our upcoming project to use the fund as a platform for community service—specifically, to develop an alternative to fringe loans.
