A great piece of work. Keep me in the loop and if you are interested, Sampada Trust which I head, I would be happy to explore how this concept can be put in practice - though I dont know if India would qualify in the LDC designation. We work in that part of India that would handily qualify for the designation.

I was wondering, though, how you would minimise “moral hazard” without an accreditaing and certifying trusted “intermediary” agency. Distant ICT mediated exchages cannot substitue for actual diligence in practice. A lot of malpractices can easily creep in and could result in a sitaution wherein a good idea is shunned because of abuses. The poor, it must be remembered, also share in the same human frailty and as the Russion proverb goes, “Trust, but VERIFY!”

All the best, Jock!

Crispino