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

Propose and approve a spend of treasury funds.

## Dispatch Origin

Must be [`Config::SpendOrigin`] with the `Success` value being at least `amount`.

### Details
NOTE: For record-keeping purposes, the proposer is deemed to be equivalent to the
beneficiary.

### Parameters
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The destination account for the transfer.

## Events

Emits [`Event::SpendApproved`] if successful.

#564 Encointer Retroactive Proposal for Jan-Jun 2025

No Active Proposals