Ending Poverty Lies in Building Communities.
People in low income communities have the potential to flourish and trade their goods and services, but often lack money with which to purchase from each other due to economic instability. People need a way to exchange goods and services and incubate new businesses, without relying on scarce national currency and volatile markets.
Community Currencies are owned by networks of vendors, craftspeople and schools and backed by cooperatives that invest in key job creating businesses. Community Currencies create a stable medium of exchange tied to local development and trust and enable trade to occur between people who don't always have enough national currency to spend.
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Communities using our currencies show increased trade, job creation, and savings. In addition, members have a greater sense of community pride, economic security and show increased community cohesion.
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Grassroots Economics currently works with over 1200 businesses and 20 schools in 6 networks in Kenya. We are seeking social entrepreneurs, development workers, researchers, leaders and enthusiastic agents of change who are ready to co-create new sustainable and cooperative economies across Africa and globally. Partner with us to fundamentally change the economic landscape.