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What is a local currency?
The principle is to develop the local economy by promoting local trade and production.
According to a study published in 2022 by the Sol movement, 48% of individual members of a local currency claim to consume more local products since joining. Graines cannot be stored in a bank account and speculate on the financial markets.
The local currency also has a social and solidarity dimension: the funds recovered can be used to finance social projects on a metropolitan level. Every euro you exchange in Graine is put into a guarantee fund in an ethical bank, which is used to finance projects with high ecological, social and cultural value in our territory.
With a local currency you know where your money goes, where it circulates and the type of activity it finances.
How do I get seeds?
The coupons are secure and available in 5 different amounts: 1, 2, 5, 10 and 20 Graines.
To obtain them, you need to go to an exchange counter and exchange euros for Graines at the rate of 1 Graine for 1 euro.
It's also possible to pay with your phone thanks to the Appligraine app
Where to pay with the Graine?
La Graine has been used since January 2022 by nearly 160 professionals and more than 500 individual users, who can, after joining, exchange euros into seeds at the rate of 1 euro = 1 Seed, to then use them at approved shops and suppliers.
The advantages of a local currency
- Stimulating the local economy: local currency is designed to circulate within a circumscribed territory. By encouraging local exchanges, it helps stimulate the local economy by promoting local businesses and shops.
- Strengthening social ties: using a local currency encourages greater interaction between members of the territory. Local transactions strengthen social ties
- Supporting small businesses: local currency helps small local businesses by creating demand for their products and services.
- Reducing environmental impact: by promoting local exchanges, local currency helps reduce the need for long-distance transport, which in turn can reduce the carbon footprint associated with trade.
- Economic autonomy: by having their own monetary system, territories can increase their economic autonomy and reduce their dependence on national or international monetary systems.
- Economic resilience: local currency makes territories more resilient in the face of global economic fluctuations. In times of financial instability, a local economy supported by a local currency is more resilient.
- Fair trade promotion: local currency is designed with values such as fairness and sustainability in mind. This can encourage companies to adopt more responsible business practices.
- Preserving cultural diversity: local currency helps preserve cultural diversity by supporting local artisans, regional products and cultural traditions.
