Read the following passage and questions, then choose the right answer from options, the answer should be one of A, B, C, D.

<passage>:
Every time a Brixton Pound transaction is made, 1.5 per cent goes into a Brixton Fund. This is used to give micro-grants of between a few hundred and £2000 to local projects and community groups. "We aim to target projects that aren't large enough to apply for more formal grant funding," says Lucy Çava, project manager at the Brixton Pound. "We see this as part of community building – linking the Brixton Pound user with community groups, so both groups become more visible to each other through the currency and fund. This is particularly important in Brixton because of the gentrification debates which are very salient round there," Çava says. Not every country is so lucky. In crisis-hit Greece, where the euro can be hard to come by, businesses and citizens have turned to bartering using a points system where goods like pianos, pot and pans can be exchanged for security services or loaned farming equipment. In India last year, desperate people burned sacks of illegal cash after the government withdrew two high-denomination notes as part of a crackdown on corruption. Hoarders woke up to discover the banknotes under their mattresses were suddenly worthless. The pound has been trading at its lowest level since 1985 since the UK voted to leave the European Union and there are fears that it could dip further as Brexit ensues. Timebanks, local exchange trading systems (LETS) and digital inventions like bitcoin can provide alternative ways for people to pay for goods and services when mainstream currencies hit crises. But they will only work if Britons are ready to accept that they have the power to invent their own currency. "At the moment, if the pound stops working for us, the whole economy grinds to a halt because there aren't alternatives," Duncan McCann, a researcher at the New Economics Foundation, tells those gathered in a gilded room at Glasgow Chambers to discuss the Glasgow Pound. McCann is a long-time advocate of alternative means of exchange. He is behind the ScotPound, a proposal for a new national currency for Scotland that emerged after the referendum on Scottish independence. It's an idea he no longer thinks will work, because the debate, since Brexit, has shifted from the currency issue back to ideas about Scottish independence. Today, he's preaching to the converted. Alex Walker, the chairman of the 250-person Ekopia community in Northern Scotland, listens at the back. The Eko has been the main means of buying everything from beer to bananas in Ekopia since Walker founded it 20 years ago. On an adjacent table, Tracy Duff, a community learning and development worker from Clackmannanshire Council, digs out some papers. She runs the Clacks Youth Timebank, a scheme where 12- to 15-year-olds can earn credit for volunteering. Taking notes up front is Ailie Rutherford, one of the people who organised the meeting. Rutherford runs the People's Bank of Govanhill, a currency that changes value depending on the income of the user. "I don't see any reason why we shouldn't invent our own currency and play with it," she says. Everyone has gathered to decide what a Glasgow Pound might look like at a time when many are asking if local currencies can work at all. Councillor Redmond says Glasgow has been closely watching existing alternative currencies like the Brixton Pound in London, which was introduced in 2011. The founders of the Brixton Pound wanted to do something to stop 80p of every £1 spent locally from leaking out of the area into the pockets of corporations, at the expense of small local traders. So they printed a currency that would have the same value as the pound, but could only be traded in independent Brixton shops, where the shopkeeper would also have to spend it locally. This year the Brixton Pound got its own cashpoint, from where people can withdraw local banknotes bearing colourful images of local heroes, like David Bowie and secret Agent Violette Szabo, to spend in over 150 local shops. It can also be used by residents to pay council tax and by employers to pay wages. No two local currencies are exactly the same. But the Brixton Pound and other recent schemes follow the example ten years ago of the Totnes Pound, a 'complementary currency': that is, one supplementing the national currency. As fears for financial stability took hold during the recession, complementary currencies grew in popularity. The Bank of England does not consider these forms of currency legal tender, but the notes hold value in the same way as a gift-card from a department store, with the same kind of restrictions about where they can be spent. Proponents say complementary currencies boost spending in smaller geographical areas, which can have environmental benefits as businesses cut transport distances to deal with local suppliers. Detractors say they have no real economic impact and work only as a game for the middle classes, who can afford to buy from independent shops rather than chains. Meanwhile, the people behind the Bristol Pound are readying a mutual credit network called Bristol Prospects. Through this network, businesses in Bristol can exchange credit in the form of loans that are neutralised within the network, helping one another to grow without relying on the high rates of commercial lenders. It's lunchtime at Glasgow Chambers in late November, and Councillor George Redmond is getting worked up at the prospect a Glasgow Pound. "We would be Glasgow-centric about it," he says conspiratorially, as though there is any other way to be. "Can you imagine having the face of Billy Connolly on our local currency? Or Alex Ferguson, or Kenny Dalglish?" The Bristol Pound (£B) entered into circulation in September 2012. By June 2015, 1m £B had been issued, with £B700,000 of that still in circulation. In a population of some 450,000 people, that's the equivalent of each Bristolian carrying less than £B2 in change in their pocket. "The small scale is a problem and a strength," says Stephen Clarke, chief financial officer of the Bristol Pound. "The benefit comes from the fact that local currencies are trusted organisations: we're a Community Interest Company limited by guarantee." That means assets owned by the the Bristol Pound have to be used for the good of the community, rather than purely for profit. Bristol Pound users don't have high incomes necessarily, but surveys show they are engaged with their local community and they have a higher educational attainment than average. In the years since the financial crisis, as local authority budgets have shrunk, some areas have relied heavily on engaged communities to fill in gaps in public services. By contrast, deprived areas where people cannot afford time and money to put into their community have become more deprived, making them even harder for local currencies to reach. Ciaran Mundy, CEO of the Bristol Pound, says it is important to think of the systemic impact rather than looking for targeted treatment of symptoms of economic deprivation. "Poverty has many causes," he says. "One of these is how the economy is structured in terms of how money flows out of poor areas due to high dependence on larger national and international companies paying lower wages and using offshore accounts to hide the money from the tax man." Each table is handed a wad of Post-it notes and a piece of white paper. A table leader asks everyone to write on the Post-its what they want the Glasgow Pound to achieve. Elbowing teacups out the way, people get to work. They scrawl a dizzying number of proposals, from keeping more wealth in the local area to empowering people who feel cut out of the national economy, or to moving towards land reform and saving the environment. Team leaders try to assemble these ideas in themes to report back to the room.

<question>:
What percent goes toward a Brixton Fund when a Brixton Pound is spent?

<options>:
A 2.0 percent
B 0.5 percent
C 1.0 percent
D 1.5 percent

<answer>:

D