<Ned> Uganda
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Comment by Evvy Bryning
Author: Evvy Bryning (117)
Date posted: Fri, 21 Sep 2007 06:49:16 PDT
Comment on: Ned Uganda >> How to Start a Cooperative (0)
Feedback score: 1 (*) +|-
I have a couple of more questions. Please bear with me as I get my brain around all this.
As a NeD Coop will they be able to participate in other programs that are not NeD related to generate income, get financing, etc.? In other words, are there any restrictions?
Over in the soap thread we decided we were ready to go ahead and the question came up "what about the Ned Coop". It was not said but I got the feeling we were doing something wrong. What exactly were we doing there that did not fit in with the NeD Coop idea?
Who will decide what projects get funded? Will it just be the NeD Board or will the NeD members here on line have a say in that decision?
The 10% that goes back into the fund for future projects, who manages that. Does it go back to NeD or is it held in reserve in Uganda to be dispersed by NeD?
If 10% goes back for projects and the rest goes to the businesses, how do we structure the coop so there is money for rent, electricity, salaries etc? Is this part totally up to the Coop are are there guidelines or ideas for this that I have just missed?