ARROYO S.E.C.O NETWORK OF TIME BANKS
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Funding a Better Future for Time Bank Entrepreneurs

7/30/2013

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By Sarah McGowan Dear

In the summer of 2011, Autumn Rooney, Janine Christiano and I went to western Massachusetts to visit the Schumacher Center for a New Economics. In the bucolic town of Great Barrington, we hoped to find out more about local economies, alternative currency and other powerful community building tools. The area is home to some pretty radical movements, not the least of which includes pioneering Community Sustained Agriculture at Indian Line Farm and minting BerkShares, a local currency that has helped a small community keep more of its money at home, rather than in the hands of outside corporations and interests.

After spending a few days picking the brain of the Center’s executive director Susan Witt, we came home to LA with a lot of big ideas, two of which are now in the final stages of research and development after receiving a development grant from the Metabolic Studio, a direct charitable activity of the Annenberg Foundation lead by artist and foundation director, Lauren Bon. This fall the Arroyo S.E.C.O. Community Revolving Loan Fund and Local Economy Incubator will launch, serving our Time Bank community.

Intended to help our community of artisans, entrepreneurs, visionaries and worker-owned cooperatives gain access to resources that often come with a great price tag in the extractive economy, the CRLF and LEI seek to educate, support and empower the Arroyo Seco Network of Time Banks (ASNTB) through micro-loans and access to professional development.

More and more, the mainstream economy offers fewer opportunities for local growth, community enrichment and personal empowerment. By supporting local small business, cottage industry and worker-owned businesses, the CRLF honors our essential interdependence and nurtures human-scale economics in our community.

Time Bank members are enterprising, resourceful and creative. Many have already launched local businesses, restaurants, co-ops and developed handmade products such as jams, jewelry, clothing, botanicals and bread. Our fund can provide them with low interest micro-loans to scale up production, upgrade equipment or purchase materials and supplies. The fund is especially supportive of women and the economically distressed, ventures that promote environmental and/or community sustainability, ventures that show direct and positive impact on the ASNTB community and social entrepreneurs or cooperatives with a social mission.

As an experiment in complimentary currency, the loan fund utilizes both federal dollars and time credits. The fund review panel approves loans of federal dollars to ASNTB members with either small businesses or worker owned co-ops through the fund’s financial partner, the Santa Fe Permaculture Credit Union. Members repay their loans with federal dollars, but pay associated loan fees for processing to the fund in time credits. The payment of these fees is calculated in time, or the time it takes fund officers to process the loan over the course of its life. As loans are repaid, more funds become available for new borrowers.


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Time Bank Training - Stephanie Rearick Rolling Conference in Los Angeles

7/27/2013

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What: Time Bank Training
Where: Fais Do Do, 5257 W. Adams Blvd, Los Angeles 90016
When: Sunday, July 28, 2013 from 10am to 2pm

More information:

Learn about:

+ Starting and coordinating a Time Bank
+ Recruiting leadership
+ Engaging stakeholders
+ Engaging organizations as partners
+ Community justice and Time Banking
+ Time Banking and other complementary currencies

About Dane County Time Bank: The Dane County Time Bank, established in 2005, is a network with over 2000 individuals and organizations who exchange time in order to build community, build capacity, and come together to help each other to build a better world.

More info on Dane County Time Bank here: http://danecountytimebank.org/home

About Stephanie Rearick: Based in Madison, Wisconsin, Stephanie Rearick is founder and Co-Director of the Dane County TimeBank and Project Coordinator of Time For the World. In addition to her work in timebanking and promoting ground-up economic and community regeneration, Stephanie is co-owner of Mother Fool’s Coffeehouse. She worked for Greenpeace for six years during her youth, helped launch Madison Hours, a local currency in 1995 and served for several years on the steering committee of independent local political party Progressive Dane.

You can learn more about Stephanie at these sites

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Time Bank Musician Meet up at Thank you for Coming

7/22/2013

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Time Bank Musicians Meet up! Time Bank musicians are invited to attend a meet and greet with VIP Time Banker from Madison, WI, Stephanie Rearick.
http://stephanierearick.com/

Bring your instruments and jam for the "Not Talent Show" at Thank you For Coming. More info here, http://www.thankyouforcoming.la/2013/07/saturday-july-27-the-not-talent-show/

Saturday, July 27th from 7:00-10:00PM
Thank you for Coming
3416 Glendale Blvd.
L.A. CA 90039

Looking forward to a fun evening! Everyone welcome

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Stephanie Rearick Jr. Performs at Pop Hop

7/17/2013

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Stephanie Rearick brings her "Junior" show to LA for one night only. She loops casio keyboard, trumpet and vocals to create beautifully textured music. Stephanie is the founder and director of the Dane County Time bank in Madison WI. Come show some Time Bank love. Her music is amazing!
Here her music here, http://stephanierearick.com/

Fri, July 26th at 7PM
At Pop-Hop 5002 York Blvd. L.A. CA 90042

Free admission but donations are welcome!

Come to her time bank training on July 28th


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