50 lines
1.8 KiB
ReStructuredText
50 lines
1.8 KiB
ReStructuredText
:title: Gatina-Pesa Launched
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:author: Will Ruddick
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:date: Oct 11, 2014
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:slug: gatina-pesa-launched
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:summary: With an amazing march through the slum, starting from Congo and ending at Gatina Primary School the entire community has been mobilized...
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.. image:: images/blog/gatina-pesa-launched1.webp
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With an amazing march through the slum, starting from Congo and ending at Gatina Primary School the entire community has been mobilized around their own Community Currency Gatina-Pesa. Hon. Simba Arati, the area Minister of Parliament, officially cut the ribbon and launched the program. With an 107 initial registrations from local businesses the Gatina community has a strong start.
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Thanks so much to all those who supported the Indiegogo Campaign as well as Nyendo-lernen and the Chiemgauer from Germany for supporting this program, as well as so many others. What is different? People at a grassroots level are able to create, back-up and issue their own currency supported with their own goods and services.
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This is not how money creation normally works. Instead of money coming from debt this Community Currency supports free trade and poverty reduction. Gatina-Pesa has spread out of schools in the area so that local parents can pay their school fees with their goods and services via a mututal-credit voucher (Gatina-Pesa) as a means of exchange. Teachers can then get better salaries and use the Gatina-Pesa at more than 100 shops in the community where it continues to circulate. Each member of Gatina-Pesa also pledges 200 Gatina-Pesa to a community fund so that youth can be paid for waste collection and more children can have their school fees paid for. This is how a community learns to support itself.
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.. image:: images/blog/gatina-pesa-launched53.webp
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