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Showing posts from October, 2024

Emergency Fund

  Emergency Fund A Safety Net for the Kind Economy KindEco is built on the principles of community support and resilience. In the spirit of these values, we've established an Emergency Fund to assist participants in times of unforeseen hardship. This fund is inspired by the actions of our early members who, while supporting organic farmers, recognized the need for a financial safety net in a kind economy. How the Emergency Fund Works Purpose:  The Emergency Fund is strictly for emergencies, not for covering general expenses. Examples of qualifying emergencies include natural disasters, unexpected medical expenses, or urgent repairs. Funding:  The fund is built through contributions from KindEco delegates and a small percentage (up to 4%) of trades facilitated within the KindEco system. Access:  Requests for emergency funds are reviewed and approved by KindEco directors to ensure they meet the criteria. Repayment:  Funds are provided without interest, but recipients are requested to