Ormita has experience developing low-cost community currency networks in developing countries and/or areas of poverty. These programs are aimed at providing local funding opportunities to the address the following community sector issues:

• Those with little or not assets

• Those living in hardship

• Vulnerable and under-funded community groups

• Assist the development and growth potential of locally owned businesses

• Reduce the impact of any potential natural disaster, tourism decline

• Reduce reliance on foreign imports

• The establishment of sustainable businesses

Local Capacity Development

• Creation and/or strengthening of local micro business networks/cottage industry clusters

• Fostering new socioeconomic enterprises

• Attracting cottage industry, micro businesses and resources from outside the community

• Enhancing the employment linking capacity of the local community

• Organisation of “build your micro business” training programmes

• Co-ordination of the micro business and cottage industry

• Development of opportunities that enhance market share for local micro business

• Plugging the leaks in the local economy

• Marketing the local community

National Benefits

• Community Credit alternatives for interest free micro credit

• Realignment of financial interests with long-term concerns

• More financial stability at a local level

• More tax incomes due to increased local economy activity

• Fewer expenses for fighting hardship-related social problems