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Finance

2014-3-2 22:48| view publisher: amanda| views: 2006| wiki(57883.com) 0 : 0

description: Through financial systems envisioned especially for the poor/developed world, many companies have been able to get started with only limited capital. Often banks lend the money to people wishing to st ...

Through financial systems envisioned especially for the poor/developed world, many companies have been able to get started with only limited capital. Often banks lend the money to people wishing to start a business (such as with microfinance). In other systems, people for a Rotating Savings and Credit Association or ROSCA to purchase costly material together (such as Tontines and Susu accounts). Organisations, communities, cities or individuals can provide loans to other communities/cities (such as with the approach followed by Kiva, World Vision Microloans MicroPlace and LETS). Finally, in certain communities (usually isolated communities such as small islands or oases) everything of value is shared. This is called gift economy.

Features such as low cost, low usage of fossil fuels and use of locally available resources can give some advantages in terms of sustainability. For that reason, these technologies are sometimes used and promoted by advocates of sustainability and alternative technology.

Besides using natural, locally available resources (e.g. wood or adobe), waste materials imported from cities using conventional (and inefficient) waste management may be gathered and re-used to build a sustainable living environment. Use of these cities' waste material allows the gathering of a huge amount of building material at a low cost. When obtained, the materials may be recycled over and over in the own city/community, using the cradle to cradle design method. Locations where waste can be found include landfills, junkyards, on water surfaces and anywhere around towns or near highways. Organic waste that can be reused to fertilise plants can be found in sewages. Also, town districts and other places (e.g. cemeteries) that are subject of undergoing renovation or removal can be used for gathering materials as stone, concrete, or potassium.

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