Article by Après-GE

After a bit more than 18 months, more than 100 000 Lemans (Geneva local currency) are circulating in the region and are accepted by more than 400 entreprises and shops. To switch to the electornic Leman allows the creation of a mutual credit system: the LEMANEX

The Lemanex allows us to:

  • stengthen reciprocally our commercial relationshsips with our providers and clients;
  • give a concrete answer to the cash problems, offering a permamnent credit solution with a zero interest rate;
  • mutualize the risk, as the credit isn’t based on bilateral debts but is guaranteed by the whole community of payment.

Declaration of intentions (in French) here.

Not even two weeks after having disseminated this document in our network, more than 40 enterprises have signed in favour of this economical tool.