What is LETS and what does it aim to do?
A Local Exchange and Trading System
is a non-profit making, mutual trading system. It allows us to
exchange our time and our skills to benefit each other and the
community.
Who can join?
Absolutely everyone can join: businesses, voluntary groups and
individuals, young and old. The LETSystem values the many skills
and goods each of us has to offer and helps the local community
help itself.
What kinds of skills are on offer?
Some examples of skills on offer are:- * Arts and crafts * Babysitting
* Computing/word-processing * Car maintenance * DIY and electrical
work * Food and organic produce * Gardening * Health and Therapy
* Music tuition
How are skills traded?
Trading is done in units of exchange which we call 'Oaks'. Members
'buy' these services and arrange a price with the person doing
the work. The charge is in 'Oaks' (or a mix of Oaks and sterling).
A 'cheque' is written out for this amount and is placed in the
bucket at GAIA, 7 Regent Place. Leamington Spa. The amount is
then deducted form one account and credited to the other - all
held on computer. Any Oaks that you earn are spendable with anyone
on the system.
How do I know of the skills on offer?
A regularly updated DIRECTORY keeps members informed of who and
what is available on the LETSystem. A monthly Newsletter allows
members to advertise their goods and services and keeps other
members up to date with new members and their skills. Copies of
the Directory and Newsletter are available to members from the
help-point at GAIA , 7 Regent Place. Leamington Spa.
How do I keep up with my account?
Detailed statements are available on request from the Transaction
Inputter and a current balance sheet is left at GAIA.