Lending and borrowing on Ecomodo is very simple. Lenders can lend everyday objects, skills, and spaces to the people around them and Borrowers can gain access to the things they need for a short period of time.

Through Ecomodo you can lend or borrow pretty much anything you like ..

• objects an electric drill, hedge cutter, baby chair, tent or other household products
• skills guitar lessons, computer repair, gardening advice, DJ or other hidden talents
• spaces a garage, a car parking space, classroom or beach hut to name but a few

Need inspiration ?

Ecomodo make it easy for Lenders and Borrowers to act with confidence by supporting the following processes ..

• a simple find and browse interface for Borrowers to find what they need
• introduction and negotiation between the Lender and Borrower
• creating lending circles to give the Lender control over who may borrow an item.
• registration of a loan agreement
• holding of hire fees and deposits and paying out funds on completion.
• reputation building through feedback
• simple dispute resolution
• provision of insurance for higher value items

The diagram below shows the process in simple steps for both the Lender and Borrower.
Need more detail ? Find out more about becoming a Lender or Borrower.