What is Microfinance?
How does it work ?
‘micro finance’ is a new way of funding initiatives that puts the power in the hands of the people. This way of funding has existed before but has only become practical on a large scale with the advent of the web, which enables the administration to be simple and low cost.
Examples of Microfinance:
- The Co-Operative
- Barcelona FC
TheMoviesClub is a Co-Operative. Therefore, at any stage the shareholders can decide not to progress to buy further films and divide the remaining pot between themselves.
TheMoviesClub is built entirely on the concept that the fans know best.
It’s an equal Community. All equal partners. Each member is only allowed one share each. If you own a share then no one
else has more power than you.
You decide which movies to acquire. This is a new approach to releasing movies.