I have not reviewed the entire Jak concept but a cursory glance at it makes sense. The longer a member has had a savings deposit with the bank the more available loan credits they are entitled to. Is this the general premise? I will review the entire concept a little later but it looks promising.

I have been thinking of another way to encourage loan repayment and community/bank participation and subsequent trust reward but I have to think it through a bit more before I post it here.

@senbonzakura I can send 3 BTC now of my conditional 10 BTC pledge if you would like. I would just consider it lending you 3 BTC for the moment at 0% interest until you get the shares/etc worked out and convert it into shares. You can use it for expenditures as needed and if the project dies I will accept a shared loss. If you have another proposal I am open to it.

If you want me to send 3 BTC now please post an address I should send to publicly here on this thread to make such transaction transparent.

-DiamondPlus