Innovative credit scheme starts in Bristol

Bristol just launched the Prospects scheme: social trade credit  in a special currency.

Some innovative features of this credit scheme:
          – interest free
          – the supplier where the credit is spent, pays a contribution to cover the costs of the credit
          – small daily charge on deposits to stimulate spending
          – to stimulate local spending, Prospects can be spent for a certain period of time within the network only. Afterwards, they can be traded for sterling.

Click here  for more information and / or watch this short video 

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