Emergency Fund

We have helped farmers to set up "emergency fund creation programs": When we sale product or services from LFT-Australia we share a percentage with those farmers that have signed  fair-trade agreements with www.lftaustralia.com.au.

Some actions with farmers: they have bought machinery, cattle, seeds and paid electricity bills, computers, websites, marketing tools and paid debts with our emergency funds, without locked-in contracts or any interest to pay.

LFT-Australia's community base works as volunteers: supporting farmers that support fair trade with our members: "a fair deal for you and a fair deal for me". A continuous and mutually beneficial goals where people can come together and use the LFT's trilogy 'fair-trade investor, idea proponent and, property owner'.

Farmers, Community Groups and low income people: They can sign in for a yearly membership of  $2.90 /month and access our reduced fees, payment plans, network events, investors' forums.

What makes us different: we share our revenues with local farmers when they share their resources with us through fair trade agreements of mutual collaboration.  

Fair Trade is a two way road: Farmers, community or low income people as well volunteer with our sponsors, investors, members and friends.

Index:

1. What is an emergency fund
2. How to create one
3. LFT-Australia
4. The LFT trilogy
5. Example
6. Why to prepare for investors
7. Fair Trade for entrepreneurs
8. Why to invest locally
9. Internet Plan Base (IPBS)
10. Fair Trade for a better economy
11. How to use LFT for emergency fund creation
12. Online tutor

1. What is an emergency fund:

An emergency fund is an account used to set aside funds needed in the event of a personal financial dilemma, such as the loss of a job, a debilitating illness or a major expense. Sometimes planning for the unexpected can safe us and help us cover our family  in rainy days. The traditional way to create an emergency fund is putting a small amount away on a regular basis in the bank.
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2. How to create an emergency fund at LFT:

At LFT a trilogy of action of the skills trader, fair trade investor and property owner, is needed to make emergency funds possible.  It is the new way to make a fair and dynamic economy for everyone.
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3. LFT-Australia :

LFT stands for "lift fair trade" and it's an Australian website that hosts a private exchange hub to trade -using fair trade principles- home swaps -and other resources- to make holidays more affordable and interesting.
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4. What is that trilogy?
(1) Jobseeker or idea proponent is the reactor, the person or group with an idea. (2) The fair trade investor is the person who pays for the 'project coordination' service to be run by LFT-Australia, and (3) the property owner is a person who owns a business, house or is part of an NGO or community group and it is organising a program Lifting Fair Trade (LFT) principles.Twenty percent of revenues are locked as emergency funds when the 3 participants agree to sign a Fair Trade Agreement to protect one another. For each $5 sold as service or product from the skills trader, one dollar ($1) is obtained for the emergency fund.  
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5. For example:

1. A farmer needs a $1,000 as emergency fund (that will be paid back to LFT-Australia without interest and locked-in contracts).
2. The skills trader share his/her skills for up to $5,000.
3. The farmer with the fair trade investor support the skills traders marketing.
4. The fair trade investor agree to give the 20% to the farmer.
5. A fund of $1,000 is created when payments for the services or products of the skills trader are made to LFT-Australia.

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6. Why you should get ready for investors?
First because investors are not only good for the cash their bring; they may bring key networks and great know-how too.
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7. Why fair trade investment is good for entrepreneurs, start-ups and local businesses? 

If you want to buy a mobile phone using eBay or Alibaba, you won't touch even the cardboard box if you don't pay in full. By using fair trade principles you can get access to Internet tools to support your marketing without getting in more debt, you pay as you go.
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8. Why to invest in local businesses or groups? 

To connect to what is going on and move faster.
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9. Why website owners get LFT's Internet Plan Base (IPB)? 

Because it's a network-marketing tool bringing an extra $2,000 on technologies that can go up to $5,000 to $10,000. They pay back the funding in small, non contractual arrangements to create emergency funds for noble causes such as helping farmers or supporting a community project.
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10. How fair trade can create a better economy? 

By allowing the participation of more people in start-ups, increasing the longevity and potential of venture capital by enabling IPB's that reduce risk in the trilogy: jobseeker, fair trade investor and property owner.

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11. How to use LFT for emergency funds' creation? 

Enabling IPB's investment hubs. Creating, in this way, sources of abundance (economic and employment).

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12. ONLINE tutor:
There is an online tutor every week ready to answer questions from enrolled students of this module at: Friday 10:00 am. (Brisbane GMT+10 -look at it-)

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