It is wonderful to be among a community of practice that is connecting and adapting financial instruments to social and bio-regional regeneration.
Speaking to Angeline from the Legio Maria church group, she had this to say, “Sarafu Network has blessed my home. I no longer miss a meal since we have vegetables in the farm throughout the seasons. I enjoy working on our farm as I am sure of putting food on the table for my family and even getting more to sell to my neighbors.”
A long time ago - before there was ‘money’ in the form of national currencies, there was credit. Specifically promises, commitments, agreements, vouchers, IOUs, and in general trust. These older forms of credit are still all around us! We interact with credit in so many ways in our life – they might as well be the invisible air we are breathing. But once you start learning to spot credit you will seeeeee it everywhere.
Creating and exchanging promises (credit obligations) builds thriving communities and should be enshrined a basic human right. The story of Wörgl is the first implementation of demurrage and has been an inspiration for Grassroots Economics and many others. I hope it inspires you and you share the hope you find here with others.
Since May (roughly 3 months) we’ve seen 20,481 user to user transactions with a trade volume of 3,746,594 Kenyan Shillings using 31 different Vouchers (CICs) in communities across Kenya including Bangladesh (Bangla-Pesa), Kakuma, Kitui, Kwale and Nairobi.