166 lines
2.6 KiB
ReStructuredText
166 lines
2.6 KiB
ReStructuredText
:title: Preliminary Research Results 2017
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:author: Thibaud Dezyn
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:date: Jun 17, 2017
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:slug: preliminary-research
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:summary: Grassroots Economics currently facilitates Community Currency programs for 1140 businesses across 5 communities which report both social...
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Grassroots Economics currently facilitates Community Currency programs for 1140 businesses across 5 communities which report both social and economic impacts. A new program currently started in Kwale country without impact data. Both community demographics as well as impact of the Community Currency programs were surveyed.
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Social Impacts:
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Environmental Services: 57% of members (684) report Community Currency being used for environmental programs (Such as trash collection and community gardens)
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Willing to continue: 93% of members (1114) want the program to continue and increase the amount of Sarafu-Credit in the community.
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Education: 23% of members report using Sarafu-Credit for school fees (276 students with increased education)
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Trust: 77% of members say that trust in the community has increased.
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Gifting: When asked “How much over the last month did you give (in money professional services and time) to support people or groups without expecting compensation?”
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Non-using Groups averaged 191 KSH (equivalent) Monthly
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Community Currency users averaged 855 KSH (equivalent) monthly.
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347.48% Higher amounts of gifting for those using Community Currency
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Economic Impacts:
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Usage with Kenyan Shillings: Based on 505 businesses surveyed across 5 networks an average of 36.6% of sales are being accepted in Community
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Currency:
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Food Security: 6% increase in daily food purchases are being made by members using Community Currency
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Job Creation: 17% of members report hiring new employees because of the program (206 jobs created). This is over a 100% increase from baseline.
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Customers: 57% of members report increases to customers and 65% report increases to sales because of the program.
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Member retention: Overall we have issued a zero-interest credit to 1700 members totaling roughly 7200 EUR and retained 1140 members (95%).
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Community Currency usage over time.(Average daily amount of CC usage). We find the longer people are in the program the more Community Currency they are using.
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.. image:: images/blog/preliminary-research1.webp
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.. image:: images/blog/preliminary-research131.webp
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.. image:: images/blog/preliminary-research145.webp
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`#survey <https://www.grassrootseconomics.org/blog/hashtags/survey>`_ `#sarafu <https://www.grassrootseconomics.org/blog/hashtags/sarafu>`_
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