<p>Resilient circular economies start with connecting productive capacity to local resources.</p>
<p>Local fishermen pay for their children’s school fees by selling their shrimp to a cooperative with a freezer for storage. Women buy the shrimp from the cooperative to feed their families and to sell to local schools for lunch.</p>
<p>What if this flow of resources didn't depend on access to scares Kenyan Shillings? What if people could establish a mutual credit that would continue to stay in the community even in the worst market conditions, political crisis, natural disasters?</p>
<p>Communities in rural areas near Mombasa are doing just that. They join a network of local businesses and receive a free credit of 400 Tokens (soft-peg to National currency). Once various loops of trade (like above fishing->storage->cooking->school fees->fishing) are decoupled from scare or volatile Kenyan Shillings we are seeing a lot more is possible in developing local resilient economies. The ability for community members to support one another in times of need begins to grow - reaching back to a time before the introduction National Currencies when community members would take turns working on each others fields and fixing each others houses.</p>
<blockquote>
<em>Communities in rural areas near Mombasa are doing just that. They join a network of local businesses and receive a free credit of 400 Tokens (soft-peg to National currency). Once various loops of trade (like above fishing->storage->cooking->school fees->fishing) are decoupled from scare or volatile Kenyan Shillings we are seeing a lot more is possible in developing local resilient economies. The ability for community members to support one another in times of need begins to grow - reaching back to a time before the introduction National Currencies when community members would take turns working on each others fields and fixing each others houses.</em></blockquote>
<p>Communities in rural areas near Mombasa are doing just that. They join a network of local businesses and receive a free credit of 400 Tokens (soft-peg to National currency). Once various loops of trade (like above fishing->storage->cooking->school fees->fishing) are decoupled from scare or volatile Kenyan Shillings we are seeing a lot more is possible in developing local resilient economies. The ability for community members to support one another in times of need begins to grow - reaching back to a time before the introduction National Currencies when community members would take turns working on each others fields and fixing each others houses.</p>
<p>What is perhaps most exciting right now is the usage of Community Currencies in Savings and Lending groups ... coming soon.</p>