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by personlurking 4270 days ago
Are there no alternative currencies in Venezuela (like the Palma in Brazil)?

http://en.wikipedia.org/wiki/Banco_Palmas

1 comments

I don't know if they have an alternative currency but there are some community banks similar to that one operating there (http://www.bankomunales.com/ (in Spanish)).
Cool, thanks for the link. For anyone else interested...

"Fundefir created a model of self-managed financing called Bankomunales con K, based on the exclusive use of funds from members of community groups, as a source of financing."

"Currently, there are around 150 groups, or Bankomunales, in 9 Venezuelan states."