the marketplace of good returns ..
Ecomodo is an online community marketplace that lets you lend and borrow each other’s everyday goods, skills and spaces with confidence. It's FREE to join and always will be.
From lawnmowers to tents; golf clubs to awnings, Ecomodo enables users to list their items to lend and see what others have on offer. Items can be lent for free or lenders are able to charge for an item, and choose if they want to keep the fee or make a donation to charity.
We facilitate the transaction to make good returns for all. Find out how it works ..
Use Ecomodo to ..
- Make and save money
Become a lender and earn money by lending the assets you already have.
Become a borrower and save cash by borrowing the things you don’t need often.
- Do a good turn
Choose to donate your proceeds to a favourite good cause.
Help the people around you by sharing what you have.
- Lend and borrow confidently
Control who can borrow your 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 you need to follow their dreams, pursue their interests and do the boring jobs more quickly.
- Be green
Reduce your collective effect on the environment by pooling their resources.
Join Ecomodo : the marketplace of good returns.
together we can make a difference ..
Pooling resources gives everyone the chance to live a rich life and try new things with minimal financial and environmental impact.
Whether you're ..
.. see how to make the most out of Ecomodo and the benefits we bring you or your organisation. Find our more about how to get involved and make a difference together in your neighbourhood.
our aims ..
1. To make good returns for all
Ecomodo yields good returns both financially and in kind. By lending out your assets, we can help you make money for yourself; raise money for a good cause and feel good by helping out a friend or neighbour. By borrowing instead of buying, Ecomodo saves you money, time and space.
With a large percentage of people in the UK already in debt or being pushed, fuelled by a marketing steam-roller that convinces people that the only consumer choice is to buy and own products, it makes sense to share and support others to do things they could not otherwise afford to do.
Just imagine the sheds, lofts, cupboards of all your neighbours, friends, and colleagues, all opened up for you to use. Think about what is in your cupboard. Need inspiration?
2. To help the environment
The embodied carbon associated with the total lifecycle for a product is huge and seldom reflected in the contribution it makes to its owner’s life. The average drill is used for 12 minutes of its life. Most people who own a drill never actually needed to own a drill they simply wanted to drill a few holes.
By shifting public attitudes towards satisfying occasional needs through borrowing we reduce the amount of new stuff and therefore ultimately we prevent waste. We want everyone to maximise the utility of their assets, reduce the need for wasteful purchases and to get more out of what we already collectively own.
In time, we hope, through consumer demand and changing people's attitudes from thinking of products as not just throw-away, we can influence manufacturers to build more robust and fixable goods with longevity of life. Explore what’s around you ..
Ecomodo is a social enterprise and driving social and environmental change is at the core of what we do. Our aim is to create a hyperlocal economy by building a peer-to-peer market around shared resource for the benefit of our citizens, neighbourhoods, community groups, organisations, charities and the environment.
Way back in 2007, we had the spark of an idea and a gut-feeling that order to succeed we needed to combat two main things. How to motivate people and overcome inertia?
Using a design centred approach, we researched different types of alternative currencies, from points systems to LETS scheme, bartering to Timebanking, and found a three-pronged solution (free, fee or charity) had the potential for the widest reach to drive motivation within diverse communities.
We also found to help people to feel more confident about lending and borrowing we needed to put in place some assurances. We set about to find an insurance partner, understand the legal side of things and work out what mechanisms we could put in place to help build trust.
With a little financial backing, some great of people on board to help with the build and a lot of luck and hard work - we launched at the end of March 2010.
our ethics ..
As individuals and as a business we always take an ethical approach. Every decision is weighed up in terms of commercial feasibility and ethical impact.
For example :
- We commit to donate a proportion of our profits to the Ecomodo Foundation which will directly support community and environmental causes.
- We choose suppliers and partners with strong ethical and environmental policies, For example: RSA (The Royal Sun Alliance) who provides carbon neutral insurance.
- We use recycled materials and we minimise travel.
- We consider inclusion and accessibility.
- We encourage stakeholder involvement.
- We practice equal opportunities.