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 About Bakens Verzet

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)


 

07.00 Financial justification.

 

07.40 Formal money income.

 

FORMAL MONEY INCOME

First period of four years

Formal money income

Euro

 

 

Annual contribution for use of all services (8.000 extended households @ Euro 6 p.m.)

576.000

On-gong costs per year

110.000

Net annual income for loan repayment or reserve capital build-up

466.000

Net income over four years

1.864.000

 

 

   FORMAL MONEY INCOME

 Second period of six years

Formal money income

Euro

 

 

Annual contribution for use of all services (8.000 extended households @ Euro 7.50 p.m.)

720.000

On-gong costs per year

110.000

Net annual income for loan repayment or reserve capital build-up

610.000

Net income over six years

3.660.000

 

 

   BALANCE OVER TEN YEARS

 Formal money income

Euro

Euro

 

 

 

Amount of original formal Money seed funding

 

6.000.000

Net income first four years

1.864.000

 

Net income next six years

3.660.000

 

Reserves and repayments of capital goods

476.000

 

 

 

6.000.000

 

 

 

Capital  available in the Cooperative Development Fund after 10 years

 

6.373.650

 


 

FROM 01.02 THE 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 07.00 FINANCIAL JUSTIFICATION

 

Forward : 07.50 Observations on the budget.

Back:  07.30  Systematic outgo.


Complete index of the project.

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