82 lines
3.4 KiB
ReStructuredText
82 lines
3.4 KiB
ReStructuredText
:title: Shrimp Fishing Builds an Economy
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:author: Will Ruddick
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:date: Jun 16, 2019
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:slug: shrimp-fishing
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:summary: Fishermen pay for their children’s school fees by selling shrimp to a cooperative with a freezer for storage. Women buy the shrimp and cook
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.. image:: images/blog/shrimp-fishing18.webp
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Resilient circular economies start with connecting productive capacity to local resources.
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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.
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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?
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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.
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*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.*
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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.
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What is perhaps most exciting right now is the usage of Community Currencies in Savings and Lending groups ... coming soon.
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#fishing #economics #Miyani #Mombasa
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#fishing #economics #Miyani #Mombasa
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#fishing #economics #Miyani #Mombasa
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`#fishing <https://www.grassrootseconomics.org/blog/hashtags/fishing>`_
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#fishing
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`#economics <https://www.grassrootseconomics.org/blog/hashtags/economics>`_
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#economics
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`#Miyani <https://www.grassrootseconomics.org/blog/hashtags/Miyani>`_
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#Miyani
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`#Mombasa <https://www.grassrootseconomics.org/blog/hashtags/Mombasa>`_
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#Mombasa
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