Director,
T.E.(Terry)
Manning,
Schoener 50,
1771 ED
Wieringerwerf,
The
Tel:
0031-227-604128
Homepage:
http://www.flowman.nl
E-mail: (nameatendofline)@xs4all.nl :
bakensverzet
Incorporating innovative
social, financial, economic, local administrative and productive structures,
numerous renewable energy applications, with an important role for women in
poverty alleviation in rural and poor urban environments.
"Money is not the key that
opens the gates of the market but the bolt that bars them"
Gesell, Silvio The Natural
Economic Order
Revised English edition, Peter
Owen, London 1958, page 228
Edition 13:
1.The budgeted net income of Euro 290.500 is sufficient to finance and repay an interest free formal currency loan for up to Euro 3.750.000 over a period of 10 years, taking the various reserves and loan repayments set out in comment 2. into account. Should payments out of reserves be higher than expected, the project administration may choose to increase the monthly contribution of the families after four or five years, as their standard of living improves.
2. Interest-free loans for various
project structures transferred to private persons or cooperatives are paid back
into the Cooperative Local Development Fund over a period of 3-5 years. They are
taken into account in the calculations in point 1. These loans include those for
the gypsum composites manufacturing units, the briquette manufacturing units,
public transport cooperatives (buses), and the maintenance and installation
cooperatives (vehicles). In case of loan repayment after ten years, funds
available for interest-free micro-credits will be reduced to zero. Since the
families continue to make their monthly payments to the Cooperative Local
Development Fund, the capital in the Fund for micro-credits will gradually build
up again as it did during the first period of ten years. Where the original seed
funding was by way of grant, the large amount of capital in the Fund at the
close of the first period of ten years will continue to circulate to finance
interest-free micro-credits. It can also be used to finance extensions to
project structures.
4.
Payments for water facilities for schools and clinics are included in the users'
monthly contributions.
5.
Payments and financing for eventual PV lighting and refrigeration facilities in
clinics within the project area are covered in the users' contributions.
6.
Savings on the purchasing of bio-mass for cooking and on the costs of drinking
water and batteries etc. will at least partly offset the costs of the project.
7.
Funds may be made available to the project through the sale of rights under
Carbon Emission Reduction certificates under the Kyoto Treaty. Recent UNFCCC
proposals on programmes of activities.
GRAPH SHOWING
DEVELOPMENT OF MICRO-LOANS .
CASH FLOW
DIAGRAM.
THE
INTEREST-FREE LOAN CYCLE.
HOW THE ORIGINAL SEED
LOAN MONEY IS USED.
TYPICAL PROJECT
EXPENDITURE BY QUARTER.
DETAILED EXPENDITURE
FIRST QUARTER.
DETAILED EXPENDITURE
SECOND QUARTER.
DETAILED EXPENDITURE
THIRD QUARTER.
DETAILED EXPENDITURE
FOURTH QUARTER.
DETAILED EXPENDITURE
FIFTH QUARTER.
DETAILED EXPENDITURE
SIXTH QUARTER.
DETAILED EXPENDITURE
SEVENTH QUARTER.
DETAILED EXPENDITURE
EIGHTH QUARTER.
Forward :
Funds available for micro-cedits.
Back: Calculation of
net project income.
List of drawings and
graphs.
Typical list of maps.
List of key
words.
List of
abbreviations used.
Documents for
funding applications.
