Cash projects: cash payments foster self help and stimulate local markets
Cash projects mean that the victims of a conflict or a natural disaster receive cash instead of foodstuffs and other goods – either cash in hand or credited to a bank account -- or vouchers which enable them to obtain at their own initiative urgently needed products from the local market.
Cash projects can also take the following form:
- Cash for Shelter: families which agree to put up refugees or displaced persons receive cash for the accommodation provided
- Cash for Work: local helpers are paid to clear away debris, repair roads and do infrastructure maintenance
|An innovative approach
Cash projects are an efficient and non-bureaucratic way to promote self help, which are effective where local markets have remained intact. On the one hand they enable victims to take a hand in shaping their own future, doing something about their most urgent needs. At the same time cash projects strengthen the local economy, rather than importing relief items that compete with it. Cash projects are usually more cost-effective, incurring no additional costs for the transportation and distribution of goods.