[wanabidii] Re: [PK] No Bangla Pesa no Mpesa!!!!!!!!!!

Omatatah,
Bangladesh, has a very successful microfinace story and the poor have seen riches accumulating. The Bangla Pesa can help Kenyans if it is given a chance. I recommend a careful study and not an outright rejection.
Andrew Kerosi.
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On Mon, Jun 3, 2013 12:38 PM CDT Okiya Omtatah Okoiti wrote:

>Banning Bangla Pesa while allowing Mpesa, debit cards and similar to operate as legal tender is discriminatory. Mpesa and related money is nothing but a promissory sms generated on mobile phone networks; Bangla on the other
>hand is promissory pieces of paper circulating among a small network of
>dwellers in Bangladesh slums in Mombasa. Hence, there is no other reason than the fact that those who own Bangla Pesa are dirt poor, while those who own the likes of Mpesa are stinking rich. That is discrimination
>and it should be nipped in the bud.
>
>
>NOTE:
>Bangla-Pesa
> is a program to strengthen and stabilize the economy of the informal
>settlement of Bangladesh, Kenya by organizing its more than 200 small
>scale businesses into a Bangla Business Network (BBN) through which its
>members can utilize a complementary currency to mediate trades. The Bangla-Pesa is a unit of credit within this mutual-credit-clearing (or multilateral
>reciprocal exchange) system which provides a means of payment that is
>complementary to official money. please read more at... http://koru.or.ke/bangla
>
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