Zero Balance Account Interest Free Inflation Free |
Local Currency="hours" 8 hours = Daily Wage Daily Wage today = Rs.240/- 1 hour = Rs.30/- |
An initiative to create a globally acceptable complementary currency to encourage local development free from exploitation by money lenders and financial institutions
The benefits of joining the Tribekart Community Exchange are given below:-(Download
Hindi version)
1. You will never be short of ‘money’.
2. Your cheques will never bounce even if there is zero or negative balance in
your account.
3. When you issue a cheque even if your balance is zero or negative it amounts
to borrowing money from the Tribekart Community Exchange but you do not have to
pay any interest on the amount borrowed. Only your account balance will show a
negative balance.
4. You can spend the Tribekart Community Exchange ‘money’ and save your
rupees for buying other things and in this way you can increase your purchasing
power.
5. Apart from personal benefits you can actively contribute towards the good of
society. You can prevent money from leaving your locality and filling the
coffers of big businesses in far away places.
6. You can encourage the development and sustainability of local small
businesses that accept the theTribekart Exchange Exchange ‘money’.
7. You can eliminate the supply chain associated with big businesses that bring
in goods from faraway places by buying cheaper local products that do not have
the additional transportation costs and further increase your purchasing power.
8. You will promote self-reliance and self-sustainability within the community
by encouraging residents to produce a wider variety of goods and services to be
traded with the Tribekart Community Exchange ‘money’, rather than rely on
big businesses that don’t accept this local currency. You will thus encourage
the growth of the local economy.
9. If you have a business you can increase your market share and win customer
loyalty by joining the Tribekart Community Exchange and accepting the Community
Exchange ‘money’
10. Because the positive balance in your account is not conventional money in
rupees it is not income and hence it is free from income tax. You can,
therefore, save money in rupees by trading in the Jharkhand Community Exchange
‘money’.
11. You can check the balance in your account and download various forms such as
trading slips (cheques) through any computer connected to the internet from
anywhere in the world through the truly international core-banking system.
12. You can also advertise and market your products or see products advertised
by others throughout the world totally free of any cost through the same
international core-banking system.
website-hit-counters.com |
29 Nov,. 2011