A small part of Brazil has a new currency, the palma, which has been introduced by a non-governmental community organization in Fortaleza. The experiment, combined with microlending, has sucessfully stimulated economic activity as well as boosting “spending on local commerce jumped from 16% of purchases to 56%“.
« Back to Home Page
Sign up for the 3p daily dispatch:
Battling Poverty? Make Your Own Money
Where we’re going
- Graphic: Collaborative Economy Honeycomb
- Has your organization had its annual Sustainability Audit?
- OpenIDEO Huddle: Design Thinking + Renewable Energy
- Betting Big on Electric Vehicles
- Vulnerable Homeless Warned of Storm Through New Mobile Service
- ‘Buyers’ Club’ Flexes Market Muscle in Favor of Healthier Building Materials