Micro-financing 'soups'

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Country: 
UK

Southend Soup is a community micro-finance project based on an initiative founded by Detroit Soup in the US. Every few months they invite people to submit Good Ideas via their website, and publicise the invitation through their Facebook page and community network by word-of-mouth. On the day, those attending pay a minimum of £3 to buy soup, a roll, a drink, and a vote. People with Good Ideas have five minutes (with a short time afterwards for questions) to talk about what they want to do and how they would use the money. Everyone in the room votes for the idea they want to see happen and the idea with the most votes wins the money raised. Past winning ideas have included Southend in Transition’s community allotment project, Christmas presents for those receiving support from the local foodbank and an emergency mental wellbeing therapy service.