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Most of the original Bangla-Pesa notes were confiscated by police when Ruddick and others were arrested. Since then, the community has had to print new notes with holograms and security seals to prepare to relaunch the program.

An African slum lacked cash, so people made their own

November 13, 2013Business, Economics and Jobs

What do you do when there’s plenty to sell but no money to buy? A Kenyan slum started making their own paper vouchers to jump start the local economy. Then they got arrested for bank fraud.

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