In Łódź, it started “Time bank”. It consists in a non-cash exchange of services between its participants. There is no money in this unusual bank, and his “customers” depending on their skills, they offer services that they can provide to others. To Łódź “time bank” it already belongs to a dozen people, and the range of services is already growing – this includes a cleaning aid, in shopping, childcare.
First “time bank” was established in 1980 year in the United States.
Most often, the unit of account in “time bank” – regardless of the market value of the service – it's an hour. Hours earned can be “spend” for the help needed at the moment, provided by someone in the system.
Łódź: started operations “time bank”
