Shareable.com
By Cat Johnson
March 11th, 2014
http://www.shareable.net/blog/la-time-banks-create-small-business-loan-fund
LA Time Banks Create Small Business Loan Fund Shareable.com By Cat Johnson March 11th, 2014 http://www.shareable.net/blog/la-time-banks-create-small-business-loan-fund
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Let's pack El Cholo Cafe Pasadena on Wednesday, February 26th! 15% of your purchase will go directly to the Time Bank to help support our administrative expenses for 2014. Have a burrito and a margarita AND help the Time Bank thrive. It's a win win. be sure to bring the attached flyer. If you can't make it to this fundraiser we will do another one in March at El Cholo Cafe Los Angeles. DATE: Wednesday, February 26, 2014 WHERE: El Cholo Cafe Pasadena 260 E Colorado Blvd, Pasadena (Inside the Paseo Colorado) http://elcholopasadena.com/ TIME: All Day Long! Bring this flyer!!!! This month's Potluck is hosted by the Echo Park Time Bank on Feb 9th from 1-3PM and will be held at the newly revitalized Echo Park. Come and join your fellow time bankers, make new friends and create community! Meet at the cafe. http://www.laparks.org/dos/aquatic/facility/echoParkCafe.htm Details: Earn a time credit for bringing a dish. Meet your fellow members and enjoy some delicious food. Bring your own cup, plate and utensil. It's a Zero Waste Event! Echo Park Lake 751 N. Echo Park Ave. L.A., California 90026 at the Cafe Sunday, Feb 9th, 2014 from 1-3PM Mark your calendars for a unique opportunity! Next Repair Cafe January 25, Saturday, noon to 3, will be hosted by La Loma Development at the SHED! Marco Barantes and Michelle Matthews have invited us to use the Shed 1355 Lincoln Ave Pasadena, CA 91103 (SW corner of Lincoln and Washington) to set up a buzz of tinkers and tailors and anyone else who might like to offer a repair. They will host simultaneously an open house of the premises, which covers approx 1/4 of a city block, and a tour with representation of their unique vision for the property. The Permaculture based Landscape Design and Architecture company is known for its permaculture garden-building including Pasadena's Arlington Garden, conversions of swimming pools to fish and plants environs and its support of the wilderness area known as Poppy Hill in LA. La Loma is creating a non profit arm called Zanja Madre as a way to knit the community with classes in permaculture concepts with a wide scope including demonstrations of bees, chickens, worms, green-growing walls and roofs, yoga and a beer garden, and a general resource for the community. Repair Cafe is a great fit with these Permaculture concepts offering the public the opportunity to test the waters of gift economy, Time Banking, and sharing abundance as well as reducing landfill and raising consciousness about reducing consumerism and building in community resilience. Yes, we will have the Really, Really Free Market and hopefully some harvest to share from the Neighborhood Fruit Harvest group. Rumor has it there may be tamales. bring some food to share. To offer repairs or help with triage contact theresegbrum@yahoo.com. To sample the awesome feeling of abundance in action, just show up! The Louisville TimeBank was featured on ABC News with Diane Sawyer. Watch the story here,
The January Time Bank Potluck picnic will be at Grand Park on Sunday, January 19 from 12:30 2:30PM. Grand Park is in the middle of Downtown LA linking City Hall and the top of Bunker Hill through a series of terraces from Spring Street to Grand Avenue. There are event lawns, native landscaping, a Court of Flags, and even the Civic Center Red Line stop in the park. Let's use the park for a potluck and the occasion to do a group Metro ride to converge at the park! Gather with other time bank Metro Pass holders and come for a picnic in the park. The Red Line stop is Civic Center, where Red Line riders can exit. Gold Line riders can walk a few blocks up to the park from Union Station. Expo Line riders can get off at the end of their line at 7th and Metro, and walk a few blocks to the park. We will meet at the lawn near the Community Terrace where there are both tables and lawns. Bring a dish to share and receive a time dollar! Brunch dishes suggested but not mandatory. Bring your own plate, fork, napkin, and cup. And maybe a blanket too! facebook invite: https://www.facebook.com/events/558609877564521 Sunday, January 19th, 2014 12:30- 2:30pm Grand Park 200 N. Grand Ave L.A., CA 90012 http://grandpark.lacounty.gov/maps.htm Hosted by the Downtown Los Angeles Time Bank. DTLA Time Bank is a member of the Arroyo SECO Network of Time Banks. Everyone welcome! Fruit harvest January 24th, 2014 10-11:30AM. We'll be harvesting grapefruit, oranges, and lemons in Pasadena. Please RSVP or message me to get the address. https://www.facebook.com/events/1450930031792867/ Time as Money Transition Pasadena & Arroyo S.E.C.O. Saturday, January 11,2014 3:00-5:00pm at the Pasadena Central Library Donald R. Wright Auditorium 285 E Walnut St, Pasadena FREE Join Transition Pasadena at Donald Wright Auditorium at Pasadena Central Library for an exclusive free screening of “Time as Money”, a look at the successes of living with an alternate economy. This uplifting documentary was created by local filmmakers Lenore and Mark Eklund. A discussion with Arroyo SECO Network of Time Banks founders Janine Christiano and Autumn Rooney will follow. We will also have the premiere of our "What is Transition Pasadena?" five minute video. Transition members will be on hand to speak about this award winning grassroots Pasadena organization. *This Program is not sponsored by the Pasadena Public Library. **Parking for this event is not allowed in the library parking lot. Please plan to use street parking. Event Date: January 11, 2014 - 3:00pm - 5:00pm Location: Pasadena Central Library Auditorium 285 E Walnut St Pasadena , California 91101 Help Shape the ASECO Community Revolving Loan Fund! Community Meeting: Sunday, January 12th, 2014 Join us for a round table meeting as we shape the community criteria and loan approval process for the ASECO Community Revolving Loan Fund! This meeting is open to all interested Arroyo S.E.C.O. Network of Time Bank members but will be most relevant for those whom: • are considering applying for one of our community supported micro-loans • have questions about how the fund will work • are interested in shaping review policy • are interested in serving on one of our Review Panels Please join us for a very hands-on meeting in the New Year! Sunday, January 12th, 2014 11am - 1pm Armory Center for the Arts Community Room 145 N. Raymond Avenue Pasadena, CA 91103 Space is limited to 25 people. You must RSVP to Sarah at asecolocaleconomy@gmail.com if you'd like to attend. Facebook invite: https://www.facebook.com/events/1401790446733541/ THANK YOU!!! www.asntb.com By Sarah McGowan Dear Community Revolving Loan Fund Project Developer Today’s mainstream economy leaves so much to be desired, and undoubtedly its failings are likely one of the many reasons we embrace and value our time banking community as much as we do. Many of us have already come to the conclusion that money can’t buy happiness. And in fact, much research shows that it’s the quality of our relationships, sense of connection and engagement in community, and access to resources that will determine whether we feel like we’re living the life we want instead of the one allowed us by mainstream paradigms and systems. In large part, the extractive economy asks us to bear the hefty burden of its machinations - as laborers making less than a living wage, as hopeful entrepreneurs who believe in the “American dream”, as people saddled with far too much predatory debt in the pursuit of education, happiness and an elusive quality of life. But time bankers are people of great agency and the tool we use to create community – the exchange of our time – is proof alone that by looking through a different lens, we can wrestle a great many beautiful things into being just by turning some of these parasitic systems on their heads. It is in this spirit of innovation that the Community Revolving Loan Fund was created and particularly in partnership with the Permaculture Credit Union. In truth, it would be wonderful to have a local credit union working with us to administer our loan fund, but in our search for a local partner, we were met with blank stares. When asking local banks what they do for the community, we were told, “we give to the United Way.” Though charitable, it’s a strategy that doesn’t directly benefit the community in which they operate. That’s just one example but it says a lot about how little the financial world understands sustainability, community enrichment and human-scale economics. The Permaculture Credit Union not only understands these principles, but is willing to participate in a loan fund for us that quite honestly is peanuts compared to their other programs. They understand why “small is beautiful” (E.F. Schumacher) and how even a small fund can make a very big impact over time if stewarded thoughtfully. This week I’ve been working with the PCU’s president, Bill Sommers, on our Memorandum of Understanding that spells out the roles and responsibilities of our loan fund and their credit union. When I asked if we could have a 60-day grace period between signing and repayment, Bill answered, “yes.” When I asked if we could extend the default period to 120 days, Bill answered “yes.” And when I asked if we’d be allowed to get creative to help a borrower in trouble, Bill answered, “of course – you can design this program however you want.” And that’s the beauty of our particular loan fund – we are building it in a collaborative world of yes’s rather than the usual extractive world of patent no’s. We’ve already done the hard part to give our members access to invaluable resources by leveraging those already present in our community. And by doing so, we’re able to stand together and make many small voices become loudly unified. |
Arroyo S.E.C.O. Network of Time Banks
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