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Mutual Credit System

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Administrator Information
Name Lee, Won Kyoo
E-mail Address
Position / Job Title President
First Language English
Organization Minaisa Club
Organization Type Non-Government Organization (Registered)
URL Address
Currency System Information
Status Operating
Year the System was Started 1998
Community Minaisa Club
City / Urban Area Seoul
Country South Korea
Medium of Exchange Accounts + Notes
Unit of Value Units of National Currency Equivalent
Valuation Non-Contract Agreement to Accept Currency
Cost-Recovery Mechanism
  1. FREE - No Charge
  2. Advertising Fee
  3. FREE - No Charge
Source of Funding Private Donations
Purpose for Establishing System Enhancing members quality of life
Size of Membership 300
Population of Area Served by System 5,000,000
Estimated Yearly Operating Budget Internal Currency: 5,000,000
National Currency: 5,000,000 KRW (5,200 USD)
Yearly Volume of Trade Internal Currency: 3,000,000
National Currency: 3,000,000 KRW (3,120 USD)
Main Goods and Services Traded
  1. good
  2. translation
  3. piano
Additional Information

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