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Grassroots Economics
Grassroots Economics is a non-profit organization enabling communities to build and manage their own local economic systems through Commitment Pooling. Communities exchange Community Asset Vouchers representing commitments for goods and services, reducing reliance on scarce national currency. It serves underserved communities, impact investors, philanthropists, developers, and researchers, primarily in Kenya and beyond.
Kilifi, KE
Description
Grassroots Economics was established in 2010 with a mission of ending poverty by building thriving communities that build their own economies. Through its Commitment Pooling model, communities create and exchange Community Asset Vouchers representing commitments for goods and services, incubating local projects and businesses without depending on scarce national currency or volatile markets. This coordination is enabled live through Sarafu.Network, an open-source infrastructure platform. The organization has supported over 26,600 people across 290+ communities, issuing more than 2,140 vouchers. It maintains a bioregional hub and demonstration farm, the Mnyumbuni Center, in Kilifi, Kenya, in the Takaungu Creek watershed, focused on stewardship, learning, and community coordination, and its work also supports ecosystem restoration through open research. Grassroots Economics partners with impact investors, philanthropists, and institutional partners, and engages communities, developers contributing to open-source infrastructure, and researchers accessing datasets for collaboration.Grant Funding
VC Funding
DAI
$106
$0