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 Mamabear and Papabear's side project

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Papabear
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PostSubject: Mamabear and Papabear's side project   Sun Jul 20, 2008 1:37 am

Hi all!

Mamabear and I have been working to start a new Cafe in San Francisco. We are currently looking to get a loan from Prosper and we would love it if you could help spread the word!

Bid on my listing at Prosper, people-to-people lending
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Dumbledore
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PostSubject: Re: Mamabear and Papabear's side project   Sun Jul 20, 2008 1:50 am

I can try but san fran is a long ways away from cleveland ohio...
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alia
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PostSubject: Re: Mamabear and Papabear's side project   Sun Jul 20, 2008 6:03 am

Australia is even further! lol.

So how does this thing work?

Maybe it's just cuase i'm tired but that site confused the hell outta me...
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Papabear
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PostSubject: Re: Mamabear and Papabear's side project   Sun Jul 20, 2008 2:10 pm

Basically people can lend money at a certain rate to the borrower, as little as $50. As a lender, your rate of return on that money is whatever it is set at the end of the bidding. So basically, as a lender you're bidding for a rate on the loan, similar to buying a bond on the bond market (except it's individuals on a much smaller scale).

I think it's currently US only though :/
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alia
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PostSubject: Re: Mamabear and Papabear's side project   Sun Jul 20, 2008 2:16 pm

thats really interesting and cool.

good luck with it all guys! you have our love and best wishes even if we can't get ya cash;)
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Hakou
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PostSubject: Re: Mamabear and Papabear's side project   Sun Jul 20, 2008 6:22 pm

I'm rooting for you 2. Pbear & Mbear afro
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Papabear
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PostSubject: Re: Mamabear and Papabear's side project   Sat Jul 26, 2008 4:34 am

Well, Prosper didn't work out but we're still going full steam ahead with it! We've been spending the last couple of days at Lowe's and mucking around with paint, cleaning, etc. etc. Still a lot of work left though, but we'll be sure to keep everyone posted!

BTW, anyone in California going to the Garlic Festival in Gilroy?
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holyman
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PostSubject: Re: Mamabear and Papabear's side project   Thu Aug 21, 2008 2:00 pm

thats cool if im every in san fran ill try to stop by it would b cool to meet u guys in person
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marcopolo
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PostSubject: Re: Mamabear and Papabear's side project   Fri Nov 07, 2008 8:34 am

im too far away guys sorry if im ever in america im sure it would be a good place to visit
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