Sarafu-Credit is a voucher for goods and services of Sarafu-Shops and participating organizations, schools, shops, farms, and clinics. Sarafu-Credit acts as a local means of exchange (money) that does not replace but rather supplements (tops-up) lacking Kenyan Shillings. Through increasing trade by matching unmet local needs with under-utilized local resources Sarafu-Credit enables sustainable economic, environmental and social development programs.
Sarafu-Credit is a voucher worth the same amount in Kenyan Shillings of goods and services. Sarafu-Credit is a mutual credit, which means that it is fundamentally backed by the community, i.e. individual members’ own goods and services. As an additional collateral source cooperative businesses are developed, which also allows for the growth of the trade network.
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