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Well, since Moses crossed the red sea no one can look down at people who want
freedom.
it might be that a non profit bank can come to be in many ways, but in a broader look a community can have or choose to have a sustainable economy.
In my opinion the culture is a great part of the whole thing.
So before jumping into micro credit... a time bank is a great tool to begin with where people can trade without real money on the basis of trust.
but it depends on whether or not you community or clients are into that.
if your goal is to supply charity than in my opinion you have no reason to open a bank but if your goal is to "give the poor man a fishing rod rather than a fish" then again the time bank is a great start. you can learn how to organize manage etc etc
if you feel like you are fully organized or have the tools (lets say you already have an office with 3 people working).
you may want to look into micro financing specific activities that can return the investment, but that would take you out of the "non profit" game. if you only gather supplies and distribute them without creating a financial/business activity i don't think a bank is necessary.
What else can I help you with?
Do you need a president's signature to open a bank account for non profit organization?
You need the officers of the organization . Check the by laws.
What is the purpose of opening a boutique?
A boutique is a clothing and jewelry shop. People open boutique for business purposes to make profit from sales of their products.
A for-profit institution that works with the general public to open and manage savings accounts is known as?
a savings bank. apex hope that helps.
Is profit an open or closed syllable juncture?
It is an open syllable.
Why did pioneer families have to be self sufficient?
Wal-mart wasn't open at the time. They had nowhere else to get food, clothing, etc..
Is barclays bank open on bank holiday?
No it is not no banks are open that is why it is called a BANK HOLIDAY
Is bank open on saturdays to open an account?
That depends on which bank.
What a for profit institution that works with the general public to open and manage savings account is known as what?
A for-profit institution that works with the general public to open and manage savings accounts is known as a commercial bank. These banks offer a variety of financial services, including savings and checking accounts, loans, and investment products. Their primary goal is to generate profit for their shareholders while providing banking services to individuals and businesses.
Is the bank open on Saturday?
Whether a bank is open on Saturday or not is purely up to the bank itself. Some are open and other not. 'suggest you call up the bank and ask them ...
When did Bank of America Open end?
Bank of America Open ended in 2008.
When was Bank of America Open created?
Bank of America Open was created in 2002.
How can you open a bank account?
by going to the bank
