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	<title>WatchedItemEndingSoon &#187; azerbaijan rocks</title>
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	<description>The democratization of e-commerce</description>
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		<title>I sent my money to Azerbaijan</title>
		<link>http://watcheditemendingsoon.com/2008/01/09/i-sent-my-money-to-azerbaijan/</link>
		<comments>http://watcheditemendingsoon.com/2008/01/09/i-sent-my-money-to-azerbaijan/#comments</comments>
		<pubDate>Thu, 10 Jan 2008 05:08:38 +0000</pubDate>
		<dc:creator>estreet</dc:creator>
				<category><![CDATA[Cool Ecomm sites]]></category>
		<category><![CDATA[azerbaijan rocks]]></category>
		<category><![CDATA[prosper vs microplace]]></category>

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		<description><![CDATA[Wow, try to spell Azerbaijan without a dictionary!
I signed up for MicroPlace.com on Jan 1 and chose my debtor. $50 went to Azerbaijan. It was the best choice because:


42% of the money goes to women


3% annual yield &#8211; the highest on MicroPlace


100% payback rate


OK. Now that that&#8217;s done, I can watch the grass grow for [...]]]></description>
			<content:encoded><![CDATA[<p>Wow, try to spell Azerbaijan without a dictionary!</p>
<p>I signed up for MicroPlace.com on Jan 1 and chose my debtor. $50 went to Azerbaijan. It was the best choice because:</p>
<ol>
<li>
<div>42% of the money goes to women</div>
</li>
<li>
<div>3% annual yield &#8211; the highest on MicroPlace</div>
</li>
<li>
<div>100% payback rate</div>
</li>
</ol>
<p>OK. Now that that&#8217;s done, I can watch the grass grow for the next 4 years until I collect my $56.27.</p>
<p>Recall my <a href="http://watcheditem.com/2007/12/30/microplacecom-international-microfinancing-that-yields-a-return/">last post on MicroPlace</a> where I scoffed at <a href="http://www.prosper.com">Prosper.com</a>. &#8220;Too many people wanting to consolidate their debt!&#8221;, I exclaimed. It&#8217;s true, but they have more exciting gambling action. The loan durations are much shorter, there&#8217;s more defaults, and you can talk with other lenders about the borrowers.</p>
<p>There&#8217;s even people borrowing money to become a bigger <a href="http://www.prosper.com">Prosper.com</a> lender. A Parlay move! Sweet.</p>
<p>Prosper was down Sunday morning or I would be gaming with the rest of the &#8220;Haves&#8221; and dishing on the &#8220;Have Nots&#8221;.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;</p>
<p>Note to self and everyone else reading this -&gt; sign up for Prosper.com&#8217;s affiliate program.</p>
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