Director,
T.E.(Terry)
Manning,
Schoener 50,
1771 ED
Wieringerwerf,
The Netherlands.
Tel:
0031-227-604128
Homepage:
http://www.flowman.nl
E-mail:
(nameatendofline)@xs4all.nl : bakensverzet
and
"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,
“Poverty is created scarcity”
Wahu Kaara, point 8 of the Global Call to Action Against Poverty, 58th
annual NGO Conference, United Nations,
As the
various phases of the project are executed, ownership in the various structures
formally passes to the people of the project area through transfer to the 05.07 Cooperative for Kiogoro. The Cooperative holds the structures on behalf of the particular organ
(for example tank commission, or well commission, or special purpose fund)
involved. Ownership of installations at tank commission level is vested in the
tank commissions (Cooperative for Kiogoro for and on behalf of the tank
commission concerned). Ownership of installations at well commission level is
vested in the well commissions (Cooperative for Kiogoro for and on behalf of
the well commission concerned). Ownership of property and equipment at central
project level will be vested in the project management.
Until all debts for specific structures foreseen in 07.10 the balance sheet have been repaid, the project
coordinator will retain the right to recover any installation supplied under
the project should the beneficiaries not meet their financial obligations for
them. Where formal money seed funds are obtained by way of interest-free seed
loan, the interest free loans will be repaid over a period of 10 years. Until
repayment where required has been completed, the 05.07 Cooperative for Kiogoro is
responsible for maintenance and administration. However the
05.08 NGO Kiogoro Integrated
Development Project through the project coordinator retains all rights of substitution to protect the
interests of financing parties.
The
project includes the formation of cooperatives for the on-going maintenance of project
structures. The project coordinator will support, free of charge, the 05.07 Cooperative for Kiogoro and the
maintenance cooperatives in the provision of
on-going maintenance during the first two executive years of the project. The
project coordinator or his substitutes will continue to support, not
necessarily free of charge, the 05.07
Cooperative for Kiogoro and the maintenance cooperatives in the provision of on-going maintenance during the next following
period of eight years of project operation.
Pumps
and structures supplied under the project have a life-span of more than 20
years. Once the seed capital has been fully repaid at the end of ten years,
on-going monthly contributions will create a large surplus for future renewals
and extensions of the project facilities. Until it is needed, this money will
be continuously re-invested interest free in micro-credit loans for local
productivity development.
Ownership
of drinking water installations, PV lighting and refrigeration and water
testing equipment installations in schools and clinics will be vested in the
tank commissions where the schools and clinics are located.
Next file :
04.13
Certainty as to project execution.
Back to:
04.12 The participating parties.