Emerging Philanthropy Spotlight No. 1: The Indian Taxi Fund

“So here’s my modest/ambitious proposal . . . create a scale-free network that doesn’t rely on multiple lines going to one source. To get rid of the lines altogether and create spiders. And to leverage the crowdsourcing of blogs and the benevolence of businesses and individuals.” Josh Brown, My Proposal.

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A great example of emerging philanthropy 2.0 is what Josh Brown is doing in raising micro-loans for social enterprises overseas. He calls it The Indian Taxi Fund. It started off as a way to raise $7500 to help Amit (below, on the left) in India buy a taxi and be self-sustaining in his Christian based voluntary work but is now becoming something much larger.

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Josh (right) has been donating a huge percentage of his work as a web designer but is also leveraging others into blogging, giving or loaning small amounts. He has raised $1000 in the past week towards launching social enterprises through these tiny loans. For those that lend $25, Josh is sending out a free book. I have just added “Wanting More” by Joel Vestal to that list because Joel sent me a number of these books to go to a good cause and I am sure he would be thrilled to hear about this project.

Josh is a web designer with Red Cowboy Designs, and co-conspirator of the successful Nic and Josh podcast which now has over 300,000 subscribers. They interviewed me and my Brazilian buddy Olgavaro in Chattanooga a few years ago.

Interesting Facts:

93 – the percentage of total rural borrowings among India’s little people that came from private persons in the early 1950’s.

100 – the minumum number of people needed to start a credit union in order to launch a successful Co-operative. [From Father Topshee’s seven steps for missionaries.]

1854 – The year CMS missions executive Henry Venn recommended credit unions as a necessary step in establishing mission in Sierra Leone.

Related:

“A New Kind of Hierarchy” (2006) for my thoughts on scale-free networks

Mission and the Fourth Sector for more on cooperatives, credit unions and mission.

– Josh has just launched a magazine called Talk of the Bay

More spotlights on emerging philanthropy coming this week, to co-incide with the my thoughts on the Council on Foundations 2008 and philanthropy 2.0 discussions.

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Andrew

Andrew Jones has been blogging since 1997. He is based in San Francisco with his two daughters but also travels the globe to find compelling stories of early stage entrepreneurs changing their world. Sometimes he talks in the third person. Sometimes he even talks to himself and has been heard uttering the name "Precious" :-)

6 Comments

  • Thanks for featuring these things. We are needing to work on this in respect to The Dusty Cover, as we are struggling with it. I look forward to reading more.
    Peace,
    Jamie

  • much love and much thanks for the link. and thanks for calling the nick and josh podcast an emerging church. now that you’ve classified us as a noun, we’ll solidify into an empire and lose all effectiveness.
    back to the margins and the roots.

  • at least i didnt mention anything about your podcast being dorky.
    jamie – love to hear more about the dusty cover. link?

  • The Dusty Cover is our missional third place- a not-for-profit used bookstore in our inner city neighbourhood. Only open for three months, we are already becoming a place of relational connection and community, especially for the kids in our community.
    Our struggle has been to get funding (as we are not set up to make a great deal of money) and volunteers. Here is our link:
    http://www.dustycover.ca
    Peace,
    Jamie

  • jamie – looks great. i guess the 3 months in summer give the greatest chance for the sun to come out in winnipeg for those 4 and a a half wonderful sunny days.
    love the website. and the ten thousand villages is a great connection.
    send me your details. love to learn more.

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