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Local Exchange Trading System (LETS)

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Administrator Information
Name pitnios
E-mail Address
First Language English
Second Language English
Organization Koino Ierapytnion
Organization Type Community-Based Organization (Unregistered)
URL Address
Currency System Information
Status Stopped
Year the System was Started 2009
Year the System was Stopped 2011
Community Ierapetra
City / Urban Area Ierapetra
Country Greece
Medium of Exchange Check, Member Card, Telephone, or Internet
Unit of Value Units of National Currency Equivalent + Time
Valuation Non-Contract Agreement to Exchange Services
Cost-Recovery Mechanism
  1. 2% fee
  2. Annual Fee (12 months)
  3. Charitable granting
Source of Funding Private Donations
Purpose for Establishing System All reasons
Size of Membership 10
Population of Area Served by System 23,707
Main Goods and Services Traded
  1. services
  2. food and beverage
  3. local agricultural and handicraft products
Similar Systems
Name of System Country Community Membership Matching
Göteborgs LETS Sweden Göteborg 60
Thames Green Dollar Exchange New Zealand Thames 60
ECO Alt Congost Spain Alt Congost, Catalunya 40
LETS Svojpomoc Slovakia Bratislava 40
New Moray LETS United Kingdom Moray 400
Hanbat LETS South Korea Hanbat LETS 600
stichting LETS Utrecht e.o., het Sterrenstelsel Netherlands Utrecht 180
Victoria Local Exchange Trading System Canada Victoria, British Columbia 100
Stichting LETS Tiel Netherlands Tiel 35
CCD - Canterbury Community Dollars Exchange Inc. New Zealand Christchurch --

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