The following key points were discussed during the interview:
Sarafu network comes from an aid perspective but does not follow a top-down approach, instead it develops the community by tapping its own resources
The alternative community currency provides liquidity based on a voucher or a promissory note against future production
The programme creates stable markets based on local development and trust
While the concept has worked well in rural areas or communities that have strong and basic institutions, its implementation in urban settings was quite a challenge
Blockchain technology provides underlying protocols that allow community currencies to trade with each other directly and maintain collateral in national currency-pegged assets
Investments and donations provide funding that lead to the development of local industries and infrastructure
Community currency programmes increase local productivity and help directly develop the local economy
As a socio-economic development tool, community currency offers an innovative way to improve living standards of the poor