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title="Permalink to Preliminary Research Results 2017">Preliminary Research Results 2017</a>
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<time class="published" datetime="2017-06-17T00:00:00+03:00">
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Sat 17 June 2017
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<address class="vcard-author">
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By <a class="url fn" href="./author/thibaud-dezyn.html">Thibaud Dezyn</a>
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<p>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.</p>
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<p>Social Impacts:</p>
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<p>Environmental Services: 57% of members (684) report Community Currency being used for environmental programs (Such as trash collection and community gardens)</p>
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<p>Willing to continue: 93% of members (1114) want the program to continue and increase the amount of Sarafu-Credit in the community.</p>
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<p>Education: 23% of members report using Sarafu-Credit for school fees (276 students with increased education)</p>
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<p>Trust: 77% of members say that trust in the community has increased.</p>
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<p>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?”</p>
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<p>Non-using Groups averaged 191 KSH (equivalent) Monthly</p>
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<p>Community Currency users averaged 855 KSH (equivalent) monthly.</p>
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<p>347.48% Higher amounts of gifting for those using Community Currency</p>
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<p>Economic Impacts:</p>
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<p>Usage with Kenyan Shillings: Based on 505 businesses surveyed across 5 networks an average of 36.6% of sales are being accepted in Community</p>
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<p>Currency:</p>
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<p>Food Security: 6% increase in daily food purchases are being made by members using Community Currency</p>
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<p>Job Creation: 17% of members report hiring new employees because of the program (206 jobs created). This is over a 100% increase from baseline.</p>
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<p>Customers: 57% of members report increases to customers and 65% report increases to sales because of the program.</p>
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<p>Member retention: Overall we have issued a zero-interest credit to 1700 members totaling roughly 7200 EUR and retained 1140 members (95%).</p>
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<p>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.</p>
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<p><a class="reference external" href="https://www.grassrootseconomics.org/blog/hashtags/survey">#survey</a> <a class="reference external" href="https://www.grassrootseconomics.org/blog/hashtags/sarafu">#sarafu</a></p>
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