Research
We do regular monitoring and evaluation on the impact of our programs and collaborate with researchers from around the world. Data is collected through digital (blockchain-based) transaction data, journals and surveys of people using and not using Community Currencies. Read about the data here and download below.
Red Cross Mukuru Kayaba Rapid Survey Analysis May 2020
CIC: Mukuru Kayaba Rapid Survey Analysis - brief.
Date of Analysis: 25th to 30th May 2020
Area of survey: Mukuru Kayaba (Pop. 83,000) (Pop of Sarafu users 4000)
Number of respondent: Female 391, Male 228 Total: 619
Goal: To understand the impact of Sarafu and give qualitative understanding of the statistics for users.
Proof of Impact: Blockchain Community Currencies in Action
Galia Benartzi and Rebecca Mqamelo. 2019.
This working paper looks at how the blockchain-based Sarafu Network addresses liquidity problems commonly associated with community currency systems and provides case studies on how the Sarafu Network has impacted the lives of participants.
Economic advantages of community currencies
Seminar Paper. Sarah Zeller
Community currencies are used all over the world, but only sometimes economically ad- vantageous. We introduce liquidity to the debate as a new explanation of success. After developing a working hypothesis, we use two case studies to test it. We find community currencies are only economically advantageous in an environment of insufficient liquidity.
Trade facilitation and community development in the age of blockchain & DLT
The starting point of this report was a research study on behalf of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH who is a global service provider in the field of international cooperation for sustainable development. The task was to investigate community currency projects in low-resource environments.
DANIDA awarded 9 million DKK for research on Community Currencies
DANIDA (Denmark's development cooperation, an area of activity under the Ministry of Foreign Affairs of Denmark) recently awarded 8,9 millions DKK for the project Community Currencies: Grassroots Financial Innovations for Inclusive Economic Growth to professor Ester Barinaga, MPP and Lund University. During the coming 4 years, the project is to look at the governance practices, impact and diffusion strategies of the Kenyan community currencies in Mombasa and Nairobi, as well as to introduce three community currencies in Kisumu.
Trust and Spending of Community Currencies in Kenya
Paper prepared for the 3rd International Conference on Social and Complementary Currencies in Salvador, Brazil.
Re-imagining Money to Broaden the Future of Development Finance: What Kenyan Community Currencies Reveal is Possible for Financing Development
Bendell, J., Slater, M., Ruddick, W. 2015
United Nations Research Institute for Social Development Working Paper 2015-10.
Complementary Currencies for Sustainable Development in Kenya: the Case of the Bangla-Pesa
Ruddick, W., Richards, M., Bendell, J. 2015.
International Journal of Community Currency Research.
Eco-Pesa: an Evaluation of a Complementary Currency Programme in Kenya's Informal Settlements
International Journal of Complementary Currencies.
Complementary Currencies Strengthening the Social and Solidarity Economy: Case Studies from Kenya
United Nations Research Institute for Social Development Working Paper.
Kenyan Businesswomen Transforming Slum Economies through Complementary Currencies
Richards, M., Ruddick, W. 2013
United Nations Research Institute for Social Development.