{"id":4930,"date":"2020-12-30T11:28:26","date_gmt":"2020-12-30T11:28:26","guid":{"rendered":"https:\/\/www.easypolicyloans.com\/blog\/?p=4930"},"modified":"2023-03-31T13:47:37","modified_gmt":"2023-03-31T12:47:37","slug":"sustainable-financial-solutions-for-the-future","status":"publish","type":"post","link":"https:\/\/www.easypolicyloans.com\/blog\/sustainable-financial-solutions-for-the-future\/","title":{"rendered":"Sustainable financial solutions for the future"},"content":{"rendered":"\n

As we march towards the future,\nsustainability has become a keyword for us to define transformation in every\narea of human activity. Finance is no exception to the same, and the futuristic\nvision of money and finance is also inspired by green ideas more than ever before.\n<\/p>\n\n\n\n

Banking goes the ‘green’ way<\/strong> <\/h4>\n\n\n\n

To ‘go green’ is no more a fancy term, but the need of the hour and\ne3bank is bringing it to life with its eco-friendly banking practices. It is\nthe first green bank on the US east coast planned to be operated in a sustainable\nbuilding, and all business activities are carried out in a paperless way. <\/p>\n\n\n\n

Several digital tools and banking initiatives claim to be sustainable,\nbut in reality, they use up large chunks of paper for flyers, invoices, and\nstatements. This is done away entirely by e3bank and is meant to reduce\nbanking’s environmental footprint and create a sustainable economy. <\/p>\n\n\n\n

Several other things make this initiative sustainable. Apart from regular offerings like loans for the unemployed<\/a><\/strong>, they also offer specialized loan products at attractive rates to encourage investment in sustainable technologies and practices. A part of investments made with the bank is also invested further in sustainable initiatives to create a green investment and growth cycle that leads to a sustainable future. <\/p>\n\n\n\n

SaaS-based cloud banking for rural areas <\/strong><\/h4>\n\n\n\n

Cantilan bank uses cutting-edge cloud-based\ntechnology to help financial services reach the poorest of the poor in remote\nrural areas of the Philippines. SaaS stands for Software-as-a-Service concept\nthat offers consumers the ability to utilize software as a cloud-based service\nas per their specified requirements. This does away with the need to host the\nsoftware locally, and with minimal use of physical resources, software\nfunctionalities can be implemented via the cloud. <\/p>\n\n\n\n

The project was partnered and financed by the\nAsian Development Bank (ADB) with a $150,000 grant. Oradian helped with the\nimplementation of the cloud-based banking system as a cloud service provider. <\/p>\n\n\n\n

With enhanced accessibility, efficiency,0 and\nspeed, this cloud-based banking operations offer integrated banking services to\nthe remotest regions. Users can access and use all the banking features and\nservices right from their mobile phones, offering incredible ease of use where\ntechnological resources are scarce otherwise. <\/p>\n\n\n\n

This initiative stands out as an excellent\nexample of making optimal use of technology in a sustainable manner to enhance\neconomic efficiency and outreach of financial services in resource-starved\nremote regions. Economic and social development of the underprivileged is\nanother aspect of being sustainable to create some remote semblance of societal\nequity between the resource-rich and the poor. <\/p>\n\n\n\n

Crowdfunding platform to fund and support small farms <\/strong><\/h4>\n\n\n\n

Steward is an innovative crowdfunding\nplatform aimed at helping small farmers and farming communities to survive in\nthe face of industrial-sized farming competitors. Here individual investors can\ninvest in small, regenerative farms and support sustainable agriculture, which\nfinds it hard to access anything apart from government or institutional-level\nfunding programs. <\/p>\n\n\n\n

The problem with these funding programs is\nthe lack of flexibility in their policies and approach to accommodate the needs\nof smaller and sustainable farms. To fill the funding gap, this platform lets\nbig and small investors alike put their money in sustainable farming, beginning\nwith as small a contribution as $100 for specific farms. <\/p>\n\n\n\n

This is another excellent example of\nimplementing, technology and ideas were most needed to enhance economic\nproductivity and support sustainability. <\/p>\n\n\n\n

Sustainability-focused online fashion marketplace <\/strong><\/h4>\n\n\n\n

Two well-known fashion brands Madewell and\nthredUP, have created a fashion-forward sustainable digital fashion marketplace\nnicknamed as the Madewell Archive. The initiative aims to promote second-hand\noptions and eco-conscious choices for vintage shoppers who care about their\npurchases being sustainable apart from being affordable and stylish. <\/p>\n\n\n\n

Here one can find the perfect balance among\nthese ideas that are often seen as disparate and more or less disconnected. For\ninstance, the jeans are hand-picked, washed and refurbished as part of the\ncarefully curated collection. Buying today is not just an exercise in spending\nor looking for style and comfort, but is also a choice, no matter how small,\nthat leaves a micro footprint to accumulate for or against sustainability. <\/p>\n\n\n\n

These kinds of novel initiatives help people cut down on their eco-footprints and find joy in contributing to creating a more sustainable world. With rising prices of contemporary fashion products, one could well end up looking for a loan without a guarantor in the UK<\/a><\/strong> with some unmindful purchases. These types of initiatives also go easy on the buyer’s pocket and help them stay afloat without hurting their finances in these challenging times. <\/p>\n\n\n\n

Conclusion: <\/strong> <\/h4>\n\n\n\n

Sustainability has become a catchphrase for everyone these days. Money and financial matters can also not be left untouched by sustainability-driven initiatives in this day and age. Here we have discussed a few of these initiatives shaping the future of finance and helping make the world more sustainable for future generations to come. <\/p>\n","protected":false},"excerpt":{"rendered":"

As we march towards the future, sustainability has become a keyword for us to define transformation in every area of human activity. <\/p>\n","protected":false},"author":1,"featured_media":4931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[29],"tags":[106,25,110],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.easypolicyloans.com\/blog\/wp-json\/wp\/v2\/posts\/4930"}],"collection":[{"href":"https:\/\/www.easypolicyloans.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.easypolicyloans.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.easypolicyloans.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.easypolicyloans.com\/blog\/wp-json\/wp\/v2\/comments?post=4930"}],"version-history":[{"count":2,"href":"https:\/\/www.easypolicyloans.com\/blog\/wp-json\/wp\/v2\/posts\/4930\/revisions"}],"predecessor-version":[{"id":5463,"href":"https:\/\/www.easypolicyloans.com\/blog\/wp-json\/wp\/v2\/posts\/4930\/revisions\/5463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.easypolicyloans.com\/blog\/wp-json\/wp\/v2\/media\/4931"}],"wp:attachment":[{"href":"https:\/\/www.easypolicyloans.com\/blog\/wp-json\/wp\/v2\/media?parent=4930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.easypolicyloans.com\/blog\/wp-json\/wp\/v2\/categories?post=4930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.easypolicyloans.com\/blog\/wp-json\/wp\/v2\/tags?post=4930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}