About Us
Grassroots Economics is a non-profit foundation that seeks to empower marginalized communities to take charge of their own livelihoods and economic future. We focus on community development through economic empowerment, basic income and community currency programs. Beneficiaries of our programs include small businesses and people living in informal settlements as well as rural areas.
Our goal is to improve the lives of those who are most vulnerable.
Our work builds on a rich history of community programs in Africa. We have implemented community currency programs in 45 locations across Kenya and assisted with 2 in South Africa and helped more than 40,000 small businesses, churches and schools take an active role in their own economy and development. We are currently developing programs all over Kenya and providing technical support for those outside Kenya.
HISTORY
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2010
ECO_PESA
This program was launched as a backed currency model with 75 Businesses taking part in three informal settlements near Kongowea, Mombasa. The currency was backed by donor funds and accomplished some amazing community service and environmental goals in partnership with Green World Campaign while increasing local trade for a year period.
On average profits increased in 20%
20 tonnes of trash collected 1000's of trees were planted
2012 and 2013
BANGLA-PESA
Bangladesh is an informal settlement of approximatly 20 000 inhabitants located outside Mombasa Kenya. This was the first place where a program that was not fully dependent on donor funds was launched. After having had a dramatic start, with people being arrested under charges of forgery, this project currently holds 87,200 (ksh equivalent) vouchers in circulation and a network of 218 businesses.
2014
GATINA_PESA
Gatina-Pesa in Kawangware Nairobi, was the first to launch and first to replicate the Bangla-Pesa model
With an amazing march through the slum, starting from Congo and ending at Gatina Primary School,the entire community mobilized around their own voucher. Hon. Simba Arati, the area Minister of Parliament, officially cut the ribbon and launched the program. Currently the network is made up of 258 businesses and a strong wholesale shop that backs the system.
2015
3 MORE COMMUNITY CURRENCIES JOINED THE NETWORK !
Kangemi-Pesa
Lindi-Pesa
Ng'ombeni-Pesa
2016
SARAFU-CREDIT
All of the 5 networks joined under a common umbrella called Sarafu-Credit. This allows members to exchange excess vouchers for Kenyan Shillings.
Some other exciting things happened this year:
- 5 supermarket that act as collateral and network hubs were created
- We began testing on platforms to go digital
- The initial stages to develop 2 country-wide cooperates (SACCOs) began
90% of users are very satisfied with Sarafu Credit and want to keep using it
2017
OUR FIRST RURAL PROGRAM
This year we setup our first rural program in Miyani in partnership with Green World Campaign and we have also pulled all our best practices together into a Certificate Course to be able to help the movement spread faster!
2018
SARAFU-NETWORK
Grassroots Economics Foundation helps communities and design, deploy, utilize and maintain Community Inclusion Currencies (CICs), which are customizable tokenized claims against redemption. We also support communities to connect CICs into decentralized economies and share certified data for markets and impacts. Read More
Sylvia Karanja
Data Quality Engineer
Damaris Njoroge
Program Coordinator
Amina Godana
Support Engineer
Louis Holbrook
Senior Software Developer
Spencer Ofwiti
Software Engineer
Philip Wafula
Software Developer
Joyce Kamauk
Support Engineer
Isavary Khabuqwi
Communications Engineer
Emmanuel Mbui
Support Engineer
Fransisca (Mami) Achieng
Field Support Engineer
Fennie Wang
Legal Counsel
Janet Treezer
Support Engineer
Grace Rachmany
Advisor
Gustav Stromfelt
Advisor
A special thanks to our advisors and individual sponsors
Holger Hoffmann-Riem
Jeff Emmet
Griff Green
Fennie Wang
Reba Chabeda
Counsel Reza Zain Jaufeerally
Carmen Mauk
Professor Jem Bendell
Robert Mutsaers
Ahmed Maawy
Thibaud Dezyn, Jimmy Heyns, Henk Van Arkel, Elvis Ogweno, Annette Loudon, Chris Lindstrom, Christina Bordes, Elizabeth Weiland, Gilfrid Powys, Loucéro Mariani, Jim and Ellen Wagner, The Ruddick Family, The Kowa Family, Dawn Richards, Edmond Oklahoma United Methodist Women, Prof. Dr. Margrit Kennedy, Prof. Declan Kennedy, Dr. Jeremy Bendell, Xenia Heinze, Association TAOA, Jamie Brown, Kevin Cox, Sergio Lub, Hayem Etienne, Edgar Kampers, DELAMARE, David Hall, MULLER, Marie-Hélène, Barbara Schiess, Eva Vander Giessen, Joseph Leonardi, Susan Steed, Guido Hosman, Gabriel Grimsditch, Tobias Fields, Nemo Curiel, Hugo Godschalk, Guido Hosman, Lorne Covington, Bob and Margaret Macemon, Sergio Lub, Mark and Julie Richards, Carla Lundberg, PINTO Romain, Scott Williams, Barbara Schiess, Aaron Vaillancourt, Leander Bindewald, Brent Ranalli, Eric Harris-Braun, Martin Kreidenweis, Georg Pluta, Arthur Brock, Daniel Quay, Guy Staniforth
