Saturday, September 21, 2013

Progress towards the West End Timebank

I have previously mentioned that, following the success of the timebank in the north east of the city, a West End timebank is being launched.   Yesterday, I took part in the second planning meeting, which was most productive.

Timebanking is a means of exchange used to organise people and organisations around a purpose, where time is the principal currency.  For every hour participants ‘deposit’ in a timebank, perhaps by giving practical help and support to others, they are able to ‘withdraw’ equivalent support in time when they themselves are in need. In each case the participant decides what they can offer. 

It is a great, community-based, concept and there is great enthusiasm towards getting the West End timebank off the ground.

You can read more about timebanking at www.timebanking.org and if you would like more information about timebanking in the West End, please contact:

GillBain@number10.org          or              BarryThomson@number10.org