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Saturday, July 29, 2006

Nanostake-holder exchange

So Prof. Blignaaut sent me a very nice reply this afternoon;

"I do not think something like a full cost accounting practitioner exists formally. A person who was (and actually still is) working on the subject for her PhD and who have started a network to this extent is Maryna Mohr-Swart (cc'ed into this).

But have a look also at this website also - facinating concept!!! http://www.sasix.co.za/

If Maryna is not able to help, or whatever the case, please come back and we try again!"

Ok so I look-up the sasix website and it's a really interesting system that allows Noprofits to raise funds by selling "shares" to donors. Once the shares have all been sold the project begins.

I also found Ashoka Fellow, Dr. Darin Gunesekera from Sri Lanka who has set-up a stocke exchange market for real estate stock for inner city and slum dwellers who can put their land up for sale and get decent housing in exchange.

So now we need three things:
[1] an open-source software package to integrate Full Cost accounting into small and micro township businesses and Non-profits. (refer to Maryna and the Sohodojo gang of Timlyn and Jim)
[2] A system of legal bonding and exchange (refer to SASIX and Dr. Darin)
[3] A clear idea of what exactly will be "sold" on the exchange, valuable enough for investors to buy....

Perhaps our collaborators at SANE with their Local Exchange Trading System may be thrown into the stew here...

Hmm

I guess I'm sharing this stuff on a blog because it displays how one social entrepreneur goes about thinking around a problem. Its messy, its fuzzy and who knows wher it goes...

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