Solidarity Economy in Latin America/Banco Mumbuca

Location (country, city or region): Brazil

Website or Social Media links: https://bancomumbuca.com.br/

Journalistic Resources:

• What a Solidarity Economy Looks Like - Boston Review
• More than 50,000 people are set to get a basic income in a Brazilian city - Vox
• The Mumbuca, the Currency of Maricá - rockcontent blog (Portuguese)

Academic Resources:

• Digital complementary currencies and public policies during the COVID-19 pandemic
• From Community Bank to Solidarity Fintech: The Case of Palmas e-Dinheiro in Brazil

Details of the Work

Goals or Focus

Proporcionar o desenvolvimento econômico e social de comunidades excluídas, capacitando, formando e implementando no âmbito da sociedade brasileira, instrumentos da Economia Solidária e do desenvolvimento sustentável. [1]

"To facilitate the economic and social development of excluded communities, enabling, making and implementing tools of the solidarity economy and sustainable development on the national level."

Partnerships

Banco Mumbuca is an affiliate of Banco da Periferia, itself a project of Instituto Banco Palmas.

Values

Redistribution

Local development

Environmental justice

Conscious consumerism

General Categories

Community development bank

Timeframe

Founded November 2014

Other sources

Community development bank (Wikipedia)