Encointer has continued to deliver on a lean budget and requests retroactive funding for the first half of 2025.

[Full Proposal](https://docs.google.com/document/d/12FzLS1Vi1ig8XTb5-LPP-1bFsMvGoet0U6-cwTLxFkg)

The amount of the proposed spend is **61’592 CHF ≃ 76’713 USD for 6 mt**

Main achievements:

* New local community "PayNuq" bootstrapped in Zaria, Nigeria
* Steady growth of Nyota to >100 active reputables and&#x20;
  * mchezo lending groups among businesses show economic impact
* Established democratic community treasury spending decisions in Nyota and PayNuq communities

#564 Encointer Retroactive Proposal for Jan-Jun 2025