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Red Empresarial de Trueque (RET)
Mutual Credit System

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Administrator Information
Name Fernando Cortes
E-mail Address
Position / Job Title Coordinator RET
First Language Spanish
Second Language English
Organization FADEMYPE
Organization Type Non-Government Organization (Registered)
Currency System Information
Status Operating
Year the System was Started 2002
Community San Salvador
City / Urban Area San Salvador
Country El Salvador
E-mail Address
URL Address
Medium of Exchange Accounts + Notes
Unit of Value Units of National Currency Equivalent
Valuation Contract Agreement to Accept Currency
Cost-Recovery Mechanism
  1. Transaction Fee
  2. Account Opening / Joining Fee
  3. Annual Fee (12 months)
Source of Funding External Funding
Purpose for Establishing System Micro / Small / Medium Enterprise Development
Size of Membership 200
Population of Area Served by System 1,500,000
Yearly Volume of Trade Internal Currency: 150,000
Main Goods and Services Traded
  1. Business Development Services
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