Author Archive

thanks and goodbye ..

March 20, 2015

With much sadness, but with a great deal of pride, it is time to say thanks and goodbye to all our members, our supporters and our team.

Ecomodo started in 2007. We started with the goal of creating a genuinely sustainable business with social and environmental goals sitting firmly alongside the financial ones. We are proud to have been pioneers in the peer to peer lending space. Despite some amazing opportunities and publicity, we have found that widespread enthusiasm simply didn’t translate to enough lending to make the business sustainable.

We’ve learned a lot and would love to put that back into practice in the future, so watch this space. But for now, many good returns to you all.

Meriel, Tracy, Simon & Tof

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yippee .. we’re finalists :-)

October 25, 2010


Ecomodo has been unveiled as a finalist at the Startups Awards 2010 in the  Home-based Business of the Year category.

“Ecomodo’s place among the finalists of this year’s Startups Awards is testament to the company’s originality, flair and strong prospects for growth. With such strong competition, to have reached this stage is, in itself, a superb achievement,” says Sara Rizk, Editor, Startups.co.uk.

Meriel Lenfestey, co-founder, comments: “We’re delighted that we’ve been selected as a finalist in the StartupsUK awards. This endorses our approach of building a business which is sustainable in every sense of the word – a real social enterprise”.

The Startups Awards 2010, organised by Startups.co.uk, comprises of 13 categories, each showcasing the best new businesses in the UK.

Startups.co.uk is the UK’s largest independent online resource for budding entrepreneurs and the Startups Awards is one of the leading events on the small business calendar.

every budget has a silver lining ..

June 23, 2010

It’s tempting at budget time to jump straight to the calculators to work out what the effect is for your personal finances. Once you’ve done that, stand back take a broader look and you might see some new opportunities there. Here are 5 we’ve thought of ..

  1. From January 2011 people will buy less because of the VAT increase. An increase in demand for second hand goods is great news for people that use Freegle to get rid of stuff, for those who sell their unwanted things on eBay and for people who use Ecomodo to make money by lending out their seldom used stuff to people who prefer to borrow instead of buy.
    People who bring forward purchases to beat the VAT increase in January 2011 can use Ecomodo to lend out their new stuff, helping others less able to spend, and making back some of the purchase price.
    This renewed interest in the longevity of stuff will also drive a resurgence in repairing which can only be a good thing for the environment and jobs.
  2. Many families will have less disposable income. Don’t fret, it is easy to live a rich life without riches.
    Most families have stuff lying around which can help make up the shortfall through being sold or lent out, and friends, neighbours and colleagues probably have most of the skills, spaces and stuff they need to achieve their goals for far less money.
    Ecomodo can reveal these possibilities in a community.
  3. Charities and other good causes will find it harder to convince people to part with their hard earned cash.
    There is an ever increasing set of innovative ways to continue to donate without taking money out of your pocket. Charities can raise funds from entirely new sources such as web searching, exchanging currencies and community resource lending.
  4. With pay freezes and the national insurance increase, morale in communities and workplaces will be low. People will feel blue. But there are some reasons to feel good.
    Times like these make us find other ways to achieve our goals by making better use of the resources around us. If that ends up bringing communities together and reducing our environmental impact that is a good thing.
  5. Budget cuts across Government departments are likely to impact environmental and social projects. The onus moves to communities and citizens to work together to make a difference creating the Big Society. Will the emergency budget really kick start Big Society?

Meriel Lenfestey, co-founder of Ecomodo believes strongly in society’s ability to adapt. “The rise in social enterprise and community focus places everyone in good stead for the years ahead. Society and attitudes will need to change… but for the good. Good for pocket, good for planet and good for people“.

Come and join Ecomodo today .. www.ecomodo.com

mr osborne .. can we borrow your briefcase ?

June 21, 2010

Budgets don’t need to be all about higher costs, cutbacks, abolishing hopes and dreams. We think we’ve found a magic way to cut back expenditure BUT STILL deliver more.

We are slashing our budgets by 80%… but we plan to live 150%.

Allowances

Holidays: Instead of spending £250 on a set of camping gear for the weekend away, spend £50 borrowing it from people around you and discover a common interest in rockclimbing with Stephanie from work.

Home : Reduce the cost of making those shelves from £200 for tools, down to £40, and pick up some great tips from Geoff the handyman down the road.

Hobbies: Try out jewellery making before rushing out to buy the wrong tools in excitement. Save yourself £100 in the process and learn far more than the books had taught you from Steve the guy down the road who did a course in silversmithing… Who knew!

After factoring in similar reductions in party, visitors, spring cleaning, special events and all other allowances we find that we’ve saved nearly £1000 and a whole load of embodied carbon. We have lived a richer life, we have new friends and we’ve got the jobs done faster and better.

Look at all the items you can borrow today on Ecomodo, and post a wanted ad for anything you don’t find.

Income

Shed: We will be increasing income from seldom used tools and gear from £0 to £100.

Loft: We will source a new income from the dusty stuff in the loft of £150.

Me: It turns out I’m worth £150 and few beers in advice to get neighbours online and keep them there.

Everywhere else: Looking in all cupboards, under the beds, in the kitchen, in the garage and in the self storage unit it seems that we have an income of £500 waiting to be discovered, an unmeasurable amount of social equity and once again many friends to be made. Be inspired about what you can lend with our suggestions.

It seems that if all the parents at my son’s school do this and donate only 10% of their new income the school could make an extra £15k. If this money is donated to charity we will do some giftaidery pokery and magic it into even more. Find out more about fundraising on Ecomodo.

This is a modern day alchemy.

win tickets for Vintage at Goodwood !

April 12, 2010

Vintage at Goodwood is a new summer festival over 3 days in August – a brand new and truly unique annual event which celebrates 5 decades of British cool.  We’ve got a great offer on tickets AND we can help you look the part in borrowed vintage gear and sleep in a borrowed tent from ecomodo.

All ecomodo members with at least 1 item to lend by 26th April will be entered into our prize draw for 2 free adult tickets worth £135 each.  We will notify our winners during the following week. If you’re not picked but you’d like to go, you can take advantage of a 10% ticket discount before 12th May. All you need to do is register.

we’re planet positive .. are you ?

April 8, 2010

Ecomodo is proud to announce that we have been certified a Planet Positive business as an ongoing commitment to sustainability.  Using the Planet Positive mark, we have measured the carbon footprint of our business operations and committed to reduce our carbon emissions on an annual basis.

Planet Positive certifies that companies are reducing their footprint and providing long-term strategies to add corporate value and shift their business/product into a low carbon economy. It signifies a high standard of environmental achievement by reducing your greenhouse gas emissions.  It also demonstrates a positive attitude to climate change and a better way of living. Backed up by a best practice protocol in carbon management, the mark has been tried and tested by over 50 companies in the UK.

Planet Positive is also a movement for a better way of living. Through a series of campaigns and programmes such as the 2020 Vision Campaign, Planet Positive will be reaching out to the individuals to support them in living more sustainably and adopting an optimistic, active approach to climate change.

horray .. we’re live !

April 1, 2010

Today is a red-letter day. Ecomodo has gone live. So here’s a little bit about what we’re about the marketplace of good returns

Ecomodo is an online service that enables people to lend and borrow each other’s everyday objects, skills and spaces with confidence. They can do this for free, for a fee or for charity. Ecomodo facilitates the transaction to make good returns for all.

Ecomodo enriches a local community by enabling people to ..

  • Make and save money : Earn money by lending the assets already owned. Save hard earned cash by borrowing the things not needed often.
  • Do a good turn : Donate proceeds to a favourite good cause or simply help the people around by sharing assets.
  • Lend and borrow confidently : Control who can borrow items by joining or creating trusted lending circles. Choose insurance or deposits for extra peace of mind.
  • Live a richer life : Gain access to the things needed to follow dreams, pursue interests and do the boring jobs more quickly.
  • Be green : Reduce collective effect on the environment by pooling resources.

Join the marketplace of good returns at www.ecomodo.com

Invite people and pool your resources ..

Get the most out of Ecomodo by pooling your assets. Create a circle for your street, village, town, workplace, charity, club, school, PTA, university, faith centre, hospital, coffee shop, interest group, local action group or evenwith the people you meet whilst walking your dog! Use your circles of trust to control who can borrow your items. Find out more about circles ..

Register your charity or good cause  ..

If you run a charity or not-for profit group, register it as a good cause on Ecomodo to let our members donate their earnings to you. Create a circle to promote your good cause and help your staff, volunteers and members by pooling the assets they have. Register your good cause for free.

So, whether you are an individual, charity, community group, school, or any other public or private organization find out how you can get involved.

Not sure what to lend ? Get inspired |  Need to borrow something ? Post a wanted ad |  Learn more about ecomodo

Help us spread the word ..

Follow us on Twitter |  Become a fan on Facebook  |  Join our group on Linkedin.


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