Colombia barter bank exchanges goods, services

Global Business

Bartering, the exchange of goods and services between people, has been common practice around the world. One Colombian woman is implementing this tradition in the most unlikely way. She uses it to make dreams come true in some of Bogotá’s most neglected communities. CCTV America’s Michelle Begue filed this report from Bogotá.

Colombia barter bank exchanges goods & services

Colombia barter bank exchanges goods & services

Bartering, the exchange of goods and services between people, has been common practice around the world. One Colombian woman is implementing this tradition in the most unlikely way. She uses it to make dreams come true in some of Bogotá's most neglected communities. CCTV America's Michelle Begue filed this report from Bogotá.

Highlights: 

  • Jacqueline Moreno came up with a way to encourage communities to draw on their own resources for development with her foundation called Laudes Infantis.
  • Laudes Infantis has built four barter banks across Bogotá with a kindergarten, theatre, after school tutoring, libraries and workshops.
  • According to the foundation, 16,000 people have benefited from these barter banks.