Grassroots Economics News

Bangla-Pesa Launch

Today's launch of Bangla-Pesa was a great start to an empowering community process! Prior to the launch, members of the business network processed through Bangladesh, led in song by the Bangla Business Network Committee, and following the Bangla-Pesa, which was escorted by local security officials. Of the 137 local business owners that attended, 56 members completed their registration and backing process and created 400 credits each. At least 150 pending registrations will be completed in the next week.

Kenya's Food Exports vs Food Aid

Who is supporting Whom? Kenyan Food Exports vs Food Aid

Amazing as it may sound Kenya exports over 3 billion dollars worth of food!

The World Food Program says that Kenya has a yearly need of $300 million USD to pay for food aid, while exporters brag that Kenya exported roughly $3 billion USD in food products in 2010.
For every one dollar in food-aid Kenya receives, it exports ten dollars of food! How can this be?

Tiwi Orphans Visit - Dec 2012

This visit is different, we sat down to eat together and had a frank chat. Am grateful
The Koru team visited a village in Tiwi, which had mobilized 21 orphans to share a meal and life stories. The 4 hours visit was supported by Koru, organized by the community health workers who requested for the support.

Complementary Currency - Business Network Creation - Nov 2012

Bangladesh, Kenya is an informal settlement of approximatly 20 000 inhabitants and 200 businesses located outside Mombasa Kenya - map here. Our first community meetings were mobilized through a local clinic, the local church as well as a youth group. Local business owners were asked to come participate in a 2 hour workshop described briefly as Business Networking.

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