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William O. Ruddick later founded
Grassroots Economics Foundation and in 2013 developed the Bangla-Pesa model based on the results of Eco-Pesa, in the informal settlement of Bangladesh, Kenya. Grassroots Economics is working to employ mobile phone systems to trade community currency. The Bangla-Pesa
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included but were not limited to general shops, pharmacies, health clinics, child care, haircuts, charcoal kiosks, produce sellers, poultry sellers, transportation providers, water sellers, and distributors. The Eco-Pesa themselves were security printed with several security features including:
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Other currencies in Kenya that follow the Bangla-Pesa model include: Gatina-Pesa in
Kawangware, Kangemi-Pesa in Kangemi, Lindi-Pesa in Kibera, Ng'ombeni-Pesa in Mikindani. K'Mali in Kokstad South Africa as well as Berg-Rand or BRAND in Bergrivier South Africa also follow a similar model.
393:. Eco-Pesa's was in circulation for one year and was considered the pilot that resulted in the more sustainable Bangla-Pesa model of community currencies that have been duplicated in five communities in Kenya and two in
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Residents could obtain Eco-Pesa through being part of a business network or participating in community events (such as trash collection days) or through local sales and services.
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The first experiments were run under supervision by Koru while Mr. Ruddick also served as director of Green World
Campaign's Kenya chapter in Mombasa. Eco-Pesa was
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online petition was issued to gain support and financial assistance to the 6 arrested members of Koru Kenya. The petition managed to raise a total of 8835 euros.
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The Eco-Pesa vouchers were available in 5/ep, 10/ep, and 20/ep denominations and depict local landmarks such as the
Kengelele Bell, Nyali Beach and the
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On 29 May 2013, Will
Ruddick was arrested with five other members of Koru Kenya, under the suspicion of forgery and being linked to the
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of women was demonstrated through this first phase of eco-pesa, as many women set up their own businesses with eco-pesa.
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All local currencies that emerged after the Eco-Pesa in Kenya (five in 2016) experience are now grouped under the label
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The group was released very quickly and forgery but was released a few months later as the charges were never proved.
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934:"An Informal Currency for Slum-Dwellers, or a Nefarious Separatist Plot? – The Informal City Dialogues"
594:"Alternative Currencies Are Bigger Than Bitcoin: How They're Building Prosperity From London to Kenya"
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446:, security designed backgrounds and watermarked paper with UV fibers, as well as serial numbering.
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571:"Eco-Pesa: An Evaluation of a Complementary Currency Programme in Kenya's Informal Settlements"
767:"Faciliter l'accès au crédit mutuel pour des groupes de femmes au Kenya | CommunityForge.net"
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model where there is no longer need for national currency or donor funds to keep it running.
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887:"The Crime of Fighting Poverty: Local Currency's Success in Kenya Ends in Forgery Charges"
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913:"Kenyan authorities are mistaking a new local currency for a separatist movement"
864:"Complementary Currency Rejuvenates Kenyan Slum...and Draws Charges of Terrorism"
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It may require cleanup to comply with
Knowledge's content policies, particularly
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backed by donor funds. They also receive business and environmental training.
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villages (or informal settlements) inside the
Kongowea Location in
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Eco-Pesa were introduced by
William O. Ruddick, May 2010 to three
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843:"Is Mombasa Republican Council linked to Bangla-Pesa saga?"
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An brief Video about Bangla-Pesa (Eco-Pesa's predecessor)
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Eco-Pesa - 1st
Community Clean-Up using a local currency
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A major contributor to this article appears to have a
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may contain excessive or inappropriate references to
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Allegation of forgery and
Indiegogo online petition
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668:Eco-Pesa - Brief Interview with a Village Elder
817:"Media & Resources | Grassroots Economics"
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616:Nairobi Residents Turn to Community Currency
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792:"Community Currency | Grassroots Economics"
456:The advantages of local currencies for the
50:Learn how and when to remove these messages
697:"Kenya slum embraces alternative currency"
212:reliable, independent, third-party sources
248:Learn how and when to remove this message
230:Learn how and when to remove this message
160:Learn how and when to remove this message
102:Learn how and when to remove this message
471:and its founder and executive director,
206:by replacing them with more appropriate
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189:too closely associated with the subject
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675:from the original on 21 December 2021
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140:by removing references to unreliable
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144:where they are used inappropriately.
665:Will Ruddick (16 September 2010),
637:Will Ruddick (21 September 2010),
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543:"Eco-Pesa | Grassroots Economics"
31:This article has multiple issues.
1007:Currencies without ISO 4217 code
515:filled in a charge for forgery.
509:Mombasa Republican Council (MRC)
187:may rely excessively on sources
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82:. Please discuss further on the
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743:Will Ruddick (16 August 2010),
39:or discuss these issues on the
911:King, Ritchie (11 June 2013).
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987:An brief Video about Eco-Pesa
479:Post Eco-Pesa Pilot Expansion
746:Eco-Pesa - unofficial brief
385:District, Kenya. Pesa is a
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821:grassrootseconomics.org
796:grassrootseconomics.org
547:grassrootseconomics.org
131:self-published sources
513:Central bank of Kenya
467:with assistance from
80:neutral point of view
885:alissa (July 2013).
469:Green World Campaign
465:originally developed
349:Grassroots Economics
321:Date of introduction
442:Visicoin printing,
361:grassrootseconomics
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841:Gisesa, Nyambega.
771:communityforge.net
724:. 16 February 2016
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425:, Shauri Yako and
379:community currency
722:www.aljazeera.com
718:"The cost of aid"
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473:Marc Barasch
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455:
451:Nayli Bridge
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423:Kisimu Ndogo
412:
409:Introduction
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395:South Africa
371:
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344:Central bank
316:Demographics
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202:Please help
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136:Please help
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33:Please help
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968:1 September
943:1 September
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896:1 September
870:1 September
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801:1 September
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752:1 September
728:1 September
702:1 September
679:1 September
651:1 September
623:1 September
599:1 September
577:1 September
552:1 September
458:empowerment
427:Mnazi Mmoja
1001:Categories
529:References
439:Businesses
204:improve it
194:verifiable
138:improve it
36:improve it
963:Indiegogo
520:Indiegogo
389:word for
208:citations
84:talk page
42:talk page
891:Truthout
673:archived
645:archived
401:Issuance
372:Eco-Pesa
337:Issuance
324:May 2010
269:ISO 4217
263:Eco-Pesa
484:uses a
431:Voucher
419:Mombasa
387:Swahili
383:Mombasa
329:User(s)
309:Subunit
304:
198:neutral
142:sources
444:UV ink
376:Kenyan
297:Symbol
391:money
332:Kenya
970:2016
945:2016
920:2016
898:2016
872:2016
850:2016
828:2016
803:2016
778:2016
754:2016
730:2016
704:2016
681:2016
653:2016
625:2016
601:2016
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554:2016
433:for
415:slum
363:.org
288:Unit
283:Unit
278:none
275:Code
196:and
518:An
302:/ep
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