Fauldhouse and Briech Valley (FABV) Time bank

Organisation : Fauldhouse Community Development Trust
Grant Amount : £ 30,000
Project Dates : August 2014 to July 2015

This project seeks to set up a time bank in the Fauldhouse and Briech Valley area of West Lothian.

Time banking is a means of exchange used to organise people and organisations around a purpose, where time is the principal currency. For every hour participants ‘deposit’ in a timebank, perhaps by giving practical help and support to others, they are able to ‘withdraw’ equivalent support in time when they themselves are in need.

In each case the participant decides what they can offer. This timebank would aim to reach the more vulnerable and isolated groups in this area to increase social capital to improve health (particularly mental health) and wellbeing.