Abeille (local currency)
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Abeille is the name of a
community currency A community is a social unit (a group of living things) with commonality such as place, norms, religion, values, customs, or identity. Communities may share a sense of place situated in a given geographical area (e.g. a country, village, town ...
started in 2010''La Dépêche du Midi'' news (in French)
/ref> in
Villeneuve-sur-Lot Villeneuve-sur-Lot (; in the Languedocien dialect of Occitan language: ''Vilanuèva d'Òlt'' ) is a town and commune in the southwestern French department of Lot-et-Garonne. The commune was formerly named ''Villeneuve-d'Agen''. Villeneuve-sur-L ...
,
France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...
. It is named after the French word for bee. The Abeille program is intended to promote local commerce. The Abeille operates with a fixed exchange rate: =


Creation and objectives

An initiative of a local NGO, "Agir pour le vivant" (Act for the living),Agir pour le vivant website (in French)
/ref> the Abeille is intended to: #Promotion of sustainability: organic food and renewable energy among others #Strengthening the solidarity: enhancing the human relationship between local shoppers and businesses #Stimulation of local economy.


Currency issue, exchange and acceptance

Bills of 1, 2, 5, and 10 Abeille are issued. They feature drawings from the painter Jean-Claude Maurel on the obverse, and a photograph of a bee on a flower by the photographer Christian Aymé on the reverse. To maintain an individual bill's validity, a "
scrip A scrip (or ''chit'' in India) is any substitute for legal tender. It is often a form of credit. Scrips have been created and used for a variety of reasons, including exploitive payment of employees under truck systems; or for use in local comme ...
" corresponding to 2% of the banknote value must be paid every six months. (This system, called
demurrage The term "demurrage" from Old French ''demeurage'', from ''demeurer'' – to linger, tarry – originated in vessel chartering and referred to the period when the charterer remained in possession of the vessel after the period normally allowed ...
, is a form of currency circulation tax and was invented by
Silvio Gesell Johann Silvio Gesell (; 17 March 1862 – 11 March 1930) was a German-Argentine economist, merchant, and the founder of Freiwirtschaft, an economic model for market socialism. In 1900 he founded the magazine ''Geld-und Bodenreform'' (''Monetar ...
.)


See also

{{Portal, Money * BerkShares *
Chiemgauer Chiemgauer is a regional local currency started in 2003 in Prien am Chiemsee, Bavaria, Germany. Named after the Chiemgau, a region around the Chiemsee lake, it is intended to increase local employment, supporting local culture, and make the loca ...
*
Occitan Occitan may refer to: * Something of, from, or related to the Occitania territory in parts of France, Italy, Monaco and Spain. * Something of, from, or related to the Occitania administrative region of France. * Occitan language Occitan (; o ...


References

Local currencies Freiwirtschaft Currencies introduced in 2010