In order to show my commitment to the new shop, I will participate in the proposed Reverse Credit Scheme. If the plan to establish a Community Shop in Freshford goes ahead, I will set up a monthly Standing Order valid for two years in favour of the shop for expenditure of:
Example of a £15 shopping basket 40 teabags - £0.84, Yeo Valley Whole Milk - £0.82; Yeo Valley Apricot yoghurt - £1.34; Orange Juice - £1.69; 1/2 lb butter - £0.85; Brie, small portion - £1.75; 8 pork & herb sausages - £2.69; bottle of Chardonnay £4.99. Total - £14.97
I understand that the monthly sum will be credited to my shop account, which will then be debited by the amounts of my purchases on a day-to-day basis. Any credit balance will be carried forward each month.
Safeguards The shop association will release me from my commitment to the Scheme:
Grants and special loans may be available if match funding can be provided by the community. We are hoping therefore that SOME residents will be willing to help with capital contributions to the purchase. They would have a stake in the enterprise but there would be no return, and there could be no guarantee that the money could ever be withdrawn.
Are you willing to be approached by members of the committee about such a contribution?
Please tick as appropriate below:
