| 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.
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