Bunabumali Business development pilot starts on Monday

Ben Koot - Thursday 05 March 2009 - 15:43 - 13 x read

TimeDesk Africa started with this picture of a makeshift bridge. After almost 2 years chatting with Norman Nakhokoe resulted in an ambitious approach to rural development in Africa due to kickoff with the installation of 2 Naiade solar powered drinkwater and energy systems in Bunabumali, Eastern Uganda

The systems are provided on a 5 year lease basis at a monthly utility service fee the local community will able to cover them selves. The idea is that having this essential infrastructure new economic activities will emerge and facilitate the local people to increase their average daily income, stimulate education, improve healthcare and generaly help create a better and sustainable future.

The Goal
TimeDesk will setup an official (legal) Cooperative to provide the basic business development platform where the international friends and the the locals meet, share experience and enhance the reach of the network. Our goal is to facilitate at least 100 rural communities per year.

As partner to the cooperative, your contributions are used to provide a bottleneckfund to provide rural communities the capacity to grow. The fund fills in temporary finacial setbacks that have sofar made sustainable development next to impossible.

Where traditional microfinance funds individual initiatives, TimeDesk takes it to the next level by providing solutions at community level. Small scale initiatives are relatively expensive and incur far to much overhead costs. By cretating a global cooperative we eliminate overhead with 95 % so more funds that are being donated on an inidividual basis are realy used to boost econmoic development, instead of ending up being wasted on transport costs, bankfees and other non essetial expenses.

As of Monday you'll be able to follow the project's progress daily through Bunabumalis' own internet connection, enabled by the solar energy system.

Latest Change by: Ben Koot on Tuesday 10 March 2009 - 13:56

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