[wanabidii] No Bangla Pesa no Mpesa!!!!!!!!!!

Monday, June 03, 2013
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 ca
n 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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