Kapital

An Indigenous-designed collective payment system.

Distribution

The system is designed to fairly, and transparently, distribute resources from climate projects to collectives. Most communities choose to split payments 30% direct distribution to community members, 40% into a community voting algorithm for infrastructure projects, and 30% into delayed future payouts designed to compensate for climate market fluctuations.

  • Direct payments
  • Collective vote
  • Future payout
  • Direct payments
  • Collective vote
  • Future payout

Design

The system was designed by Fernando Lezama after nearly 20 years of grassroots Indigenous activism to prevent corruption in lump sum payments to communities. The name Kapital came from the biokultural design work of Nkwi Flores and Kinray Hub who argues that we need to change the spelling of words like klimate, kapital, and kulture to describe the inclusion of Indigenous paradigms when they are used.

Fernando medicine

Aim

Too many Indigenous nations are being excluded from institutional funding. Communities can manage Kapital, and account for where it has been used. We simply need to give them kulturally-appropriate ways to do so.

Current accounting systems are top-down, hierarchical, and lack Indigenous languages. They also operate poorly off-grid or with communal devices. This is a simple solution to a complex problem and our intent is to disseminate it widely so communities running klimate-friendly businesses naturally attract more public funding.

alto playon indigenous panama

Ethics

For many of our users, Kapital is the way and the reason they got their first bank account. For this reason, we take the ethics of financial education very seriously.

Savimbo does not give negative money. Kapital is not for use with microlending or debt of any kind.

We educate all users on the concepts of happy money, social capital, and ethics of conscious business. We also make sure that all legal adults in the community are given the chance to have equal financial opportunity regardless of gender.

grower Bayron Claudino Descanse Amazon
Savimbo  Communidad biodiversidad

Voting algorithm

embera community amazon

Consensus

indigenous artisanos alto playon panama

Payouts