Thursday, October 14, 2010

The Eco-Pesa Programme A Micro-currency

"...The Eco-Pesa (Ecological Money) programme has created a community business voucher to benefit the environment and economy of Kongowea, a [slum] district of Mombasa. The voucher acts as a currency that can be exchanged for local goods and services and redeemed for Kenyan Shillings. As Eco-Pesa can only be spent in registered businesses within Kongowea, its use creates a direct incentive for residents to take an active role in their community while also helping the local economy and environment..."-website

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