@strypey @mattcropp Thanks for the heads up and interesting link. Consensus decision-making means this fits small groups well. I really like the "being part of a group" aspect and how it dovetails with tool loans, worker bees, etc. For orchestrating larger loans (from multiple pools or individuals) I think that's where "Investment Clubs" come in and I'm excited to see how those develop.
> Consensus decision-making means this fits small groups well.
This seems to be a common assumption, but with good facilitation, I've seen consensus process can be used effectively with live meeting of hundreds of people. When online tools like #Loomio are used, allowing people to participate when they have time, it can also work with large organizations.
> I think that's where "Investment Clubs" come in
How would this work differently from savings pools?
The pool we're in has financed loans of as much as NZ$20,000. Loans made between the pools are facilitated by a Savings Pool Association, which sets the protocols and provides legal templates for such arrangements. The largest loan we know of so far made by a pool of pools is NZ$130,000. The system has been built up over about a decade and is still growing steadily.
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