Mutual credit in Colombia

Mercedes Bidart, of Quipu Markets – founded a mutual credit project for informal communities in Colombia, and eventually across Latin America.

With Mercedes Bidart of Quipu Markets.

Highlights

  1. What I’m passionate about is how we close the gap between those who make the economy work, and those who benefit from it.
  2. Businesses that upload their products and services can trade with one another using mutual credit or pesos. The key was working with the 40 co-design businesses – ‘champions’ we call them. They’re real champions.
  3. Even though we weren’t there in person, they were able to spread the word and recruit micro-businesses. Now it’s a network of people helping each other.
  4. We envisage a world where the economy is owned by the community.

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