INTEREST FREE LOAN MEETINGS AT REPARATION CORNER - TOTTENHAM HARINGEY

INTEREST FREE LOAN MEETINGS AT REPARATION CORNER - TOTTENHAM HARINGEY

Reparation Collateralized Lending: Empowering IC3 Black and IC6 Mixed-Black Communities

By John Canoe

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Location

Reparation Corner, 41 - 47 West Green Rd, Tottenham, Haringey. N15

41 West Green Road London N15 5BY United Kingdom

About this event

Reparation Collateralized Lending: Empowering IC3 Black and IC6 Mixed-Black Communities

In the pursuit of rectifying historical injustices and empowering marginalized communities, Reparation Nation Limited, in collaboration with the African Diaspora Equity and Justice Alliance (ADEJA), is spearheading an initiative of reparation collateralized lending. This innovative approach aims to provide financial assistance to individuals and organizations within the IC3 Black and IC6 Mixed-Black communities, leveraging reparations as collateral.


Understanding Reparation Collateralized Lending

Reparation collateralized lending operates on the principle of using reparations as collateral to secure interest-free loans for eligible members of the IC3 Black and IC6 Mixed-Black communities. These loans are designed to provide financial support for various endeavors, including business ventures, education, homeownership, and community development projects.


Eligibility Criteria

To be eligible for reparation collateralized lending, individuals must meet specific criteria established by ADEJA and Reparation Nation Limited. The criteria include:

  1. Place of Birth: Applicants must have a documented connection to regions historically associated with the IC3 Black or IC6 Mixed-Black communities.
  2. Lineage: Individuals should be able to trace their ancestry to IC3 Black or IC6 Mixed-Black heritage, as evidenced by genealogical records or oral history.
  3. Appearance (Visual Ethnicity): Visual characteristics consistent with IC3 Black or IC6 Mixed-Black identity may be considered as part of the eligibility assessment.
  4. State of Mind/Culture: Applicants should demonstrate a commitment to Black empowerment, cultural preservation, and community upliftment.
  5. DNA: Genetic testing or other forms of DNA analysis may be utilized to confirm ancestral ties to the IC3 Black or IC6 Mixed-Black communities.



IC3 Black Race BAFR Black - African

IC3 Black Race BANN Black - Angolan

IC3 Black Race BAOF Other Black African

IC3 Black Race BCON Black - Congolese

IC3 Black Race BCRB Black Caribbean

IC3 Black Race BEUR Black European

IC3 Black Race BGHA Black - Ghanaian

IC3 Black Race BNAM Black North American

IC3 Black Race BNGN Black - Nigerian

IC3 Black Race BOTB Other Black

IC3 Black Race BOTH Any Other Black Background

IC3 Black Race BSLN Black - Sierra Leonean

IC3 Black Race BSOM Black - Somali

IC3 Black Race BSUD Black - Sudanese


IC6 Mixed Race MABL Asian and Black

IC6 Mixed Race MBCH Black and Chinese

IC6 Mixed Race MBOE Black and Any Other Ethnic Group

IC6 Mixed Race MWBA White and Black African

IC6 Mixed Race MWBC White and Black Caribbean





Reparation Bank and Central Bank of Black African Origin (CBOBAO)

Reparation collateralized lending operates through designated financial institutions, such as the "Black Bank for Reparations" and the "Central Bank of Black African Origin (CBOBAO)." These institutions serve as custodians of reparations and facilitate the disbursement of interest-free loans to eligible individuals and organizations.


ADEJA: African Diaspora Equity and Justice Alliance

ADEJA plays a pivotal role in facilitating reparation collateralized lending initiatives. As an initiative conceived and established by Reparation Nation Limited, ADEJA is committed to advocating for the interests, welfare, and historical justice of the IC3 Black and IC6 Mixed-Black communities. ADEJA serves as a clearinghouse for member entities and coordinates efforts to advance the well-being, empowerment, and pursuit of reparatory justice.


Process of Reparation Collateralized Lending

  1. Weekly Reparation Black Business Meetings: ADEJA organizes weekly meetings in locations such as Tottenham Haringey, where IC3 Black and IC6 Mixed-Black individuals network and engage in discussions related to reparations and financial empowerment.
  2. Identification for Reparations: Individuals interested in accessing reparation collateralized loans are encouraged to identify themselves for reparations by obtaining their full race and ethnicity codes, including IC3 Black or IC6 Mixed-Race classifications.
  3. Reparation Bank Tickets: Attendees of the weekly meetings are provided with "Reparation Bank" tickets, which display their race and ethnicity codes. Those anticipating the need for interest-free loans are encouraged to secure these tickets.
  4. Loan Application and Processing: Eligible individuals submit loan applications to designated financial institutions, providing reparations as collateral. The financial institutions evaluate applications based on eligibility criteria and collateral value, disbursing interest-free loans accordingly.
  5. Account Balancing: As successful reparation claims are processed on a claim-by-claim basis, the corresponding funds are deposited into accounts held by the "Black Bank for Reparations" and/or the "Central Bank of Black African Origin (CBOBAO)." These funds contribute to the sustainability of reparation collateralized lending programs.


Reparation Nation Limited: Empowering Through Finance

Reparation Nation Limited serves as the driving force behind initiatives such as reparation collateralized lending. As a holding company based in London, Reparation Nation Limited is committed to leveraging financial resources and strategic partnerships to address historical inequities and promote economic empowerment within marginalized communities. Through collaborative efforts with ADEJA and other stakeholders, Reparation Nation Limited seeks to foster positive change and pave the way for a more just and equitable society.


In conclusion, reparation collateralized lending represents a transformative approach to addressing systemic injustices and promoting economic empowerment within the IC3 Black and IC6 Mixed-Black communities. Through the concerted efforts of Reparation Nation Limited, ADEJA, and allied organizations, this initiative aims to harness the power of reparations to create tangible opportunities for advancement and prosperity.

#FreeMoney #ReparationBank #ReparationLending #ReparationsNow #Reparations #Kaffirs #BlackBanking #BankBlack #BlackPound #BlackPoundCoin #Tottenham #Haringey #ADEJA #CBOBAO #BlackLoan #BlackBorrowing


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