Start Date: Nov 2015 End Date: Sept 2016 Status: Completed
Timebanking empowers people to share skills and build mutual support using time as a currency. By offering services, members accumulate credits: those receiving services accumulate debts which are repaid through providing services to other members.
Time Bank recognises that each member has 'assets', mobilises these for positive change, and helps build self-esteem alongside networks of mutual trust and support. Crucially, Timebanking goes beyond volunteering as exchange between members generates further interaction elsewhere in the network via the time credit mechanism.
There are about 300 Time Banks in the UK whose members have exchanged over 2 million time credits. Yet, while the movement continues to grow and adapt, there are no university-based Time Banks in the UK that attempt to connect university staff and students with the local community and vice versa.
The UEL Time Bank provides an opportunity to do just that: pioneering the establishment of the country's first university-based Time Bank, strengthening civic engagement among students, staff and the community.