Pedals for Progress augments its export of bicycles
Pedals for Progress increased shipments by 4.3% from 2003 to 2004, from 11,808 to 12,317 bicycles. This was the 12th straight year of production growth. This year´s performance followed on a 2.1% increase in shipments from 2002 to 2003.During the year, PfP focused on a smaller number of reliable partners able to pay full shipping costs. Shipments in 2004 went to 9 groups in 8 countries, compared to 15 partners in 12 countries during the previous year. More than 85 percent of bicycles shipped went to Central and South American partners, 11.1% to African (Ghana and Uganda) partners, and 7.5% to the Caribbean (Barbados).
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