Eco-Pesa is the name of a Kenyan local currency, used to reduce poverty and support environmental conservation in a slums areas inside the Kongowea Location, Mombasa District, Kenya. Pesa is the Kiswahili word for money.
In March 2007, the leading cell phone company in Kenya, Safaricom, launched M‐PESA, an SMS-based money transfer system that allows individuals and businesses to deposit, transfer, and withdraw funds using their cell phone to anyone with another phone. Read more
Introduction Bangla-Pesa is a complementary currency launched in Bangladesh, an impoverished suburb of Kenya’s second largest city, Mombasa. Introduced in May 2013 by Koru (a local NGO), it seeks to strengthen and stabilise the local economy. More than 200 local small businesses have joined the Bangladesh Business Network (BBN), through which they can make use… Read more