[Freirepublic] - Freicoin Alliance Micro Loan Project (suggestion)

[Arcurus 331]

Freicoin Alliance Micro Loan Project in short "Micro Loan Project"  (Caretaker Bick + Arc + you?)
 
Hi all,
the "Freicoin Alliance Micro Loan Project" is an non profit Freicoin Community driven project, supported through the Freicoin Alliance  and one part of the "The Frei-Republic / Frei-Economy Project".

The Frei-Republic / Frei-Economy Project is based on 5 columns to cover each aspect of Freicoin. The "Micro Loan Project"  is one column of it.

The main goal of the "Micro Loan Project" is to propagate a "Common Good Based Economy" through encouraging cooperation, dezentralisation, sharing of knowledge and supporting a non harming fair economy though giving out  zero interest micro loans.
 
The Micro Loan Project itself is focused on the  zero interest micro loan aspect.
 
 
In short:
Participants of the "Micro Loan Project" can get up to 100%* of their transaction value for verified common good / non profit projects on the participants choice for each zero interest micro loan** claimed with Freicoins!

 

Claimed means, that an equal amount of Freicoins, representing the transaction value must be used to claim the matching.

Only 50% of the payment transaction value can be claimed if the transaction is not made in Freicoin.

Micro Credits can be claimed back to at maximum of two years.

If an loan is payed back before one year the value that can be claimed will reduce accordingly.  

 

That means, that also other Zero Interest micro loan projects are supported, as long as they are white-listed

 

Verified projects can be found here: Freicoin Foundation Web or Freicoin Alliance specific here: Freicoin Alliance.
The Micro Loan Project itself is purely donation based and therefore dependent on your donations. Therefore please consider to donate some Freicoins also to the Micro Loan Project itself if you want the service the Micro Loan Project can offer to advance.   
   
Proxy loans to Bitcoin or other currencies (even Fiat currencies like Dollar or Euro) are possible if an "Loan Handler" is found that supports that currency. Everybody, who want to support The Micro Loan Project project is welcome to take part to become an Payment Handler for The Micro Loan Project, just post here or send the current caretakers an message.  
 
 
If you just want to make an an purchase, an donation or an ethical investment you can use Freipay or Freiinvest instead. 
 
* Out of technical reasons currently Freicoins that have been used already with the Micro Loan Project are not supported and therefore get no matching. 

* To guarantee fairness the given out amount per user / user Group can be limited.
 
* The exact percentage is dependent on Freicoin Foundation coin issuing and therefore not in the hand of The Micro Loan Project .
Only The Micro Loan Projects costs that are covered from the coin matching an therefore can slightly reduce the matching are: Freicoin Network Transaction Fees, Freicoin demurrage costs and in case of proxy payments to other currencies: exchange costs and transaction fees in this network. Time and resource costs from The Micro Loan Project  / Payment Handlers are not covered and therefore are dependent purely on your donation to the Micro Loan Project. 
 
* * The goal is to encourage cooperation, sharing of knowledge and a non harming fair economy. Therefore only loans which fit to this ethical rules are supported by the The Micro Loan Project. If you want to have an organisation, project or user white- or black- listed, just post here or write an message.
 
 
 
Current caretakers of this project are Bicknellski and Martin(Arcurus) .
If you want to join or help The Micro Loan Project or just have some suggestions, please feel free to post here, or send us an message!
 
 
Best regards,
Martin

[Arcurus 331]

Example - Alpha test micro loan claim:

https://freicoinalliance.com/topic/135-claim-example-alpha-test-example-micro-loan-claim/

[Arcurus 331]

Reserved for - FAQ

[Arcurus 331]

UPDATED

 

Participants of the "Micro Loan Project" can get up to 100%* of their transaction value for verified common good / non profit projects on the participants choice for each zero interest micro loan** claimed with Freicoins!

 

Claimed means, that an equal amount of Freicoins, representing the transaction value must be used to claim the matching.

Only 50% of the payment transaction value can be claimed if the transaction is not made in Freicoin.

Micro Credits can be claimed back to at maximum of two years.

If an loan is payed back before one year the value that can be claimed will be reduced accordingly.  

----

 

That means, that also other Zero Interest micro loan projects are supported, as long as they are white-listed.

 

 

 

I suggest to start now with the Alpha test:

 

(Here an example)

https://freicoinalliance.com/topic/135-claim-example-alpha-test-example-micro-loan-claim/

 

All the good,

Arcurus