A crash course in changing the world.
Meet Prema Salgaonkar. She's helping invent the future of money in Mumbai.
Every day, as part of a program called Mahila Milan (or “women together”), Prema visits more than 450 households in Mumbai's Dharavi slum in order to conduct face-to-face "micro-savings" transactions.
On any given day, up to 150 of the women she visits will deposit a small amount with Prema — anything between 5 to 200 rupees. Over time, these small daily savings help the women plan a better future for their families. And it's not just happening in Mumbai — nationwide in India, more than 60,000 women have joined the Mahila Milan network.
Micro-savings is just one big idea that may change the future of money forever. Social innovators around the world are designing many more kinds of ways to trade, save, barter, earn, purchase, and invest.
Your mission this week: Uncover the creative solution that YOU think will have the biggest impact on the future of money.
Here are some places to start your investigation:
Who else has a truly creative idea for solving the water crisis? Find a great, big idea and share it with the EVOKE network.
You might find more ideas by searching for "alternative currency", "community bank", "virtual currency", or "social banking". Good luck!
Get credit for your evidence! After you submit your evidence in a blog post, photo or video, go to the newly posted evidence page and log your evidence for this objective. Then you'll receive credit on your profile page!