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This paper presents the case of the social currencies created andmanaged by Community Development Banks (CDBs) in Brazil. During themanagement processes of social currencies, many challenges are facedby CDBs. This study addresses the main challenges and difficulties ofthe social currencies of CDBs. This research shows the results of asurvey carried out on 47 of the 78 social currency cases that existedin Brazil in 2013. These cases include 18 communities where socialcurrencies presented circulation difficulties. Difficulties inobtaining a monetary reserve and being accepted by local businesseswere also major challenges. The results encourage further research onother social currency cases and offer information that support thecontinuity of public policies for solidarity finance in Brazil. |
