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Commonwealth Local Currency  •  United States of America  •  Operating in Cibola & McKinley County, New Mexico

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SAHFAR Currency Themes

The SAHFAR Commonwealth Currency is extended under the New

Mexico Nonprofit Act Ch.53, Art. 8, NMSA 1978, as a Federal 501c(3)

nonprofit organization operating under the Chashah Parliament as a

foundational community currency that circulates within its perimeters

for consumer fair trading. The targeted circumference in New Mexico

for SAHFAR Currency disbursement are Cibola & McKinley Counties.

SAHFAR GOALS.

As we look ahead to implementing The SAHFAR Commonwealth Currency for our community in 2025, it's important to establish clear goals that will guide its development and ensure its success in sustaining and growing our community. Here are the key objectives and goals for our local currency initiative:

ECONOMIC RESOLUTIONS.

Locale Revitalization

  • Boost Local Business: Our primary goal is to stimulate the local economy by encouraging residents to shop at local businesses using the SAHFAR. Our goal is to have at least 50 local retailers, service providers, and manufacturers accept the currency within the first year. We will work to keep wealth circulating within our community to increase the local economic multiplier effect by 3-5 times compared to national currency spending.

 

  • Support Small and Medium Enterprises: Provide local businesses with an alternative source of credit and liquidity, targeting a 20% increase in small business survival rates over five years.


Community Building

  • Strengthen Social Ties: Generate a stronger sense of community by creating a shared economic tool. We'll measure success through annual surveys for a 30% increase in reported community cohesion.

 

  • Encourage Volunteerism: Integrate a time-banking component to reward community service, with a goal of increasing volunteer hours by 25% in the first two years.

 

  • Promote Local Identity: Design currency notes featuring local landmarks and historical figures to instill pride in our community's unique character.


Environmental Sustainability

  • Reduce Carbon Footprint: By promoting local trade, we decrease transportation-related emissions by 15% within three years.

 

  • Support Green Initiatives: Allocate a percentage of currency issuance to fund local environmental projects, with a target

      of initiating five new sustainability projects annually.

MORE

SAHFAR GOALS.

We're creating opportunities that inspire the populace

to network amongst businesses that want to maintain

a steady flow of customers. The SAHFAR Currency causes merchants to build solid relationships with customers.

COMMUNITY SUSTAINABILITY.

Financial Inclusion

  • Broaden Access: Ensure that the currency is accessible to all community members, including those underserved by traditional banking. Aim for 90% of adult residents to have active accounts within two years.

 

  • Empower Low-Income Areas: Develop specific programs to benefit economically disadvantaged neighborhoods, targeting a 10% reduction in local poverty rates over five years.


Education and Awareness

  • Community Workshops: Host monthly educational sessions on using the local currency, with a goal of reaching 5,000 residents in the first year.

 

  • School Programs: Integrate local currency education into school curricula to ensure long-term adoption, targeting all local schools within three years.


Governance and Management

  • Transparent Administration: Establish a community-led board to oversee currency management, with quarterly public meetings and reports.

 

  • Financial Viability: Achieve self-sustainability of the currency system through minimal transaction fees and community reinvestment, targeting break-even operations by year three.


Setting clear and measurable goals determines that the SAHFAR Commonwealth Currency will not only launch successfully, but continue its growth to benefit our community for years to come. Regular assessment and adjustment of these goals will be crucial to adapt to our community's changing needs and to maximize the positive impact of our local currency initiative.

Protect the Future of Your Family.

SAHFAR Currency plans & protects your future, ask today how to get started.

If you have questions about our SAHFAR currency...

Contact Us at : sahfar@chashah.fyi

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