Community Currencies

Due to economic instability, people often lack money with which to purchase from each other

Community currencies create a stable medium of exchange tied to local development

Thriving  communities build their own prospering economies

Community currencies are regional means of exchange that supplements the national currency system

 

We are close to having 1 billion people living in slums

10.7% of the world's population lives on less than $1.90 per day,  half of them under the age of 18

A third of the planet’s land is severely degraded and fertile soil is being lost at the rate of 24bn tonnes a year

 

Solution

 
community currencies
connect
+
underutilized workforces
underutilized resources
to create local industries that guarantee the provision of basic needs

Investments and donations provide funding to develop local industries and infrastructure

Community currencies accelerate trade and provide funding for social and environmental services 

These industries act as backers for the community currencies that are issued into the region through interest-free credit, community services and operational costs

These mature industries provide...

Social enterprise development

 

 

Social and financial return in investments 

Community currencies provide markets and incubate local industries

Through our work in Kenya we've seen:
 

77%

Increase in trust

347%

Increase in gifting

57%

Increase in environmental activities

23%

Increase in 

school

 attendance

25%

Decrease in crime & corruption

+17%

+37%

+78%

Jobs Created

Sales Revenue

Food Security 

As a socio-economic development tool Community Currency offers an innovative way to improve living standards ​

market instability

lack of money

lack of investment

excess capital ownership

lack of local industries

interest free credit

market stability

increase in local trade

build local trust and financial social services

increase in jobs and business development

Community Currency (CC)

But this is just the beginning! 

User generated currencies have the potential to create a world wide market for smart token social bonds and connected sustainable development goals

Going to scale

We are currently working on a MOOC to be able to spread our knowledge, findings, troubles and projections for the future!