In Copenhagen, I haven't found a program that makes use of the thousands of bicycles found on the streets each year. Mostly, the police place a yellow tag around the top tube of bicycles which lay around for months untouched, and after 30 days or so, they come back to cut the locks and pick the bikes up. The abandoned bikes are scrapped (recycled) but the bikes that turn out to be stolen belong to insurance companies.
People here in Copenhagen can chose to insure their bicycle through their homeowners coverage, so if the police report back to insurance companies that bicycle WW965734D has been stolen, typically the insurance company has already paid the owner, which means the insurance company now owns the bicycle.
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Baisikeli has made a deal with the insurance companies: Baisikeli purchases the stolen bikes from the insurance company for a nominal fee, fixes them up, and then rents the bicycles out to people (mostly tourists) in Copenhagen.
A good idea, right? It gets better: Baisikeli is a "socially conscious business," so they use the money generated from bicycle rental to fund the shipment of bicycles and bicycle parts to a workshop they operate in Tanzania. Their goal is to create a sustainable bicycle industry in Tanzania, which starts with the funds generated from these initial shipments of bicycles, but which will grow to make enough money to create a frame building factory in Tanzania that can create bicycle ambulances and other helpful mobility devices.
I mostly work to fix flats, which on a bike with a coaster brake, rear fenders, a 7 speed internal hub and an axel bolted light system, can take some time.
Check them out on the web: http://www.baisikeli.dk/
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