November 05, 2007

Lessons Learned






A community bank established a few years back by Actionnel, to facilitate development within the community is used as the stable, credit worthy entity. User fees are paid direct to the Pedal Power bank account. Charles's salary and enterprise expenses are paid out from this account. In addition, this simplifies the record keeping process. This revenue builds equity for bank, which in turn provides additional money for loans to community.

Lessons Learned:
• Language - Translators
• Community relationships - Political & social
• Currency Exchange - multiple currencies, barter
• The Power of Poverty - Helping to get on the first rung of the development ladder
• Access – roads, weather, internet, Skype

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