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STICHTING BAKENS VERZET

1018 AM AMSTERDAM, THE NETHERLANDS

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

 

 


KIOGORO  INTEGRATED SELF-FINANCING RURAL DEVELOPMENT PROJECT

 

KIOGORO DIVISION IN KISII CENTRAL DISTRICT IN THE REPUBLIC OF  KENYA

INCORPORATING LETS AND COMMUNITY BANKING

 

(partnership applications invited)

 

and

NGO STICHTING BAKENS VERZET, WIERINGERWERF, NETHERLANDS


"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

 

 

“Poverty is created scarcity”

Wahu Kaara, point 8 of the Global Call to Action Against Poverty, 58th annual NGO Conference, United Nations, New York 7th September 2005.


 (Edition 02 : 10th July, 2008)


 

 

04.00 PROJECT GOALS AND EXPECTED RESULTS 

 

04.07 SOME BASIC PROJECT CONCEPTS 

 

The basic principles behind the project are:

a)The enhancement of self-sufficiency within the framework of cooperative, interest-free, inflation-free local economies.

b)Existing social traditions will not suffer.

c)Local expertise, labour and materials will be used.

d)Women will play an active role in the project.

e)The people in the project area are able and willing to take full responsibility for all structures, goods and services provided under the project and for its administration.

f)The users contribute financially to capital repayments, cover on-going costs and accept the powers of the elected tank- and well commissions.

g)The project is self-funding. Savings on traditional fuel costs for cooking and services will cover most of the project costs.

h)The supply of traditional natural fertiliser for agricultural purposes will not be compromised.

i)Each individual user will be enabled to meet his financial commitments to the project.

Household difficulties in meeting monthly formal money quotas can be cushioned either from the monthly allowances received by the tank commissions, by social support at tank-commission, well-commission or project level. Local money obligations will be cushioned by creating a simple LETS system safety net. Members temporarily in difficulty will be allowed to run up a larger than usual debit balance. Their debits are covered by social support (families, friends, other groups) at tank-commission, well-commission or project level

j)'Small is beautiful'.

Small decentralised systems are  preferred wherever possible. This promotes close contact of the people in the project area with the structures set up and their operation.

k) Local LETS currencies will complement the lack of formal money in the project area that would otherwise be needed to expand the quantity of local goods and services  transferred there. Economic development within the LETS systems will also stimulate growth in the formal economy which will increase its formal tax base.

l)The (grant, seed loan) capital will be systematically recycled to users as interest-free micro-credits as it is repaid. The micro-credits will allow goods and services for productivity increase that cannot be locally produced to be bought with formal currency outside the project area.

m)Leakage of formal currency out of the project area will be reduced and if possible eliminated altogether. Seed capital will be retained in the local area at least for  10 years, after which, if it is in the form of an interest-free loan, it will be repaid.

n) Articles 119-126 of the 1999 Constitution of Venezuela, on the rights of indigienous peoples. 

o) 09.50: Draft charter for the rights of african women, Addis Abeba 28th March 2003.

p) 09.51: African Charter on the Rights and Welfare of the Child, 1990.

 


FROM 01.02 THE PROJECT EXECUTIVE SUMMARY

 

Return to:

01.02  Menu of the project executive summary.

 

 

Next file :

01.03  List of drawings and graphs.

 

Back to:

01.01  General presentation.

 


FROM 04.00 PROJECT GOALS AND EXPECTED RESULTS

 

Next file :

 

04.08 Five basic conditions precedent.

 

Back to:

 

04.06 The econmic bases of the project.

 


 

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