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Fundraising with community currencies

FROM: Michael Linton

What NEED does this meet?
Many non-profit programmes and community groups are short of the funds they need to operate effectively. Many small businesses would like better means to support their community. People want strong well funded community programmes but can't afford to give more than they do.

All three parties - community, business and people - will benefit from the funds raised and the micro-economy generated by this initiative.

What is the APPROACH?
http://www.openmoney.org/cw for the general design,

http://www.communityway.org for the prototype,

http://wildfire.communitycurrency.net for the scenario,

http://www.gmlets.u-net.com/go for background and a template business plan.

What are the BENEFITS to people?
The community will benefit particularly from increased funding for specific programmes, and generally from the economic boost to the local economy coming from the introduction of community currencies.

Projects such as mySociety could use this model to enhance their own funding base and support replication.

What is the COMPETITION?
Regrettably, there are no significantly comparable facilities. The more that can be started the better. Community currencies don't compete, they create collaboration.

What BUDGET & LOGISTICS are required?
Depending on the degree of local support, a micro-enterprise should need a short term loan of £5,000 - £10,000, which should be fully repaid in 3 - 6 months, making the funds available for other initiatives.

Before this project has a proven track record, it's easier to do than explain to a conventional lender like a bank Hence the need for seed funding.

November 14, 2003 in Giving stuff away | Permalink

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Comments

Using Community Currencies for fundraising is an idea that needs be taken to the next level and mainstreamed.

Projects like Community Way a heading in the right direction.

Peace,

Josef.

Posted by: Josef at Nov 16, 2003 12:18:04 AM

Date-03/11/2005
Dear Sir/Madam,
Wish you happy HAPPY DIWALI..
Greetings from PURBACHAL ANANDA FOUNDATION (home for orphan and destitute children with helpless poor, needy old persons ) 2/32, Purbachall, Durgapur 713201, Burdwan, West Bengal, India, Tel 91 343 2552230/ 09832239871.
I am educated social worker; I was working 7 years in SAMPARC organization in Pune, Maharasthra, and 1 year PARIVAAR EDUCATION SOCIETY in Kolkata.
I decided to devote myself to changing destinies of the most vulnerable children and old helpless, poor, needy old persons.
Thus PURBACHAL ANANDA FOUNDATION was founded inspired by Swami Vivekananda s message of JIBE PREM KARE JEI JAN,SEI JAN SEBICHEY ISWAR.
This is to introduce you to PURBACHAL ANANDA FOUNDATION, Rehabilitation Home for homeless children in West Bengal. Children from categories like orphans, street children’s, children of women in prostitution and other highly vulnerable children have found a new life through PURBACHAL ANANDA FOUNDATION.
PURBACHAL ANANDA FOUNDATION, which is currently operating on, address- 2/32, Purbachall, Durgapur 713201, Burdwan, West Bengal, India, is looking for resource support for construction. The constructed set up will be a Home for 100 children. The planned home will be immensely helpful in our mission of changing lives of these children by enabling us to undertake
Multifarious programs like creative skills training, livelihood and entrepreneurship training, cultural education, and sports facilities for all-round development and growth of these children.
One Gentle man donate 1 acre land ( 3 bighas ) for PURBACHAL ANANDA FOUNDATION.
We are trying to make 4no mud house for disadvantage child and old person. Each mud house cost is 5000/- only. If you provide some very small donation will make the shelter an orphan and old person.
You may also support our initiative by way of any small contribution by cash, cheqe, dd----or any other kind materials.
Please visit this project, help us for giving a life to an orphan.You can support by donating like foods, school books, note books, dresses for the orphans.
Any contribution towards this effort will go a long way in is the bridge between you and needy children------.and old persons.
Do visit PURBACHAL ANANDA FOUNDATION at your convenience and be witness to the change we are trying to bring about in these children’s and old persons lives.
We are very small and need your kind help and cooperation; your help can change the life of poor needy helpless children or old persons.
Please send your any donation in the name of PURBACHAL ANANDA FOUNDATION.
The Lord will guide us.
With warm regards

Yours faithfully,
Arindam Banerjee
Founder Secretary
PURBACHAL ANANDA FOUNDATION
+91 343 2552230, +91 0 9332611267, +91 0 9832239871
anandafoundation@yahoo.co.in,
anandafoundation@hotmail.com,
anandafoundation@sify.com,

http://www.karmayog.org/paf

Posted by: PURBACHAL ANANDA FOUNDATION at Nov 3, 2005 11:27:12 AM

hi

Posted by: Anjan Das at Nov 10, 2005 2:22:02 PM

hi

Posted by: Anjan Das at Nov 10, 2005 2:22:38 PM