LETS groups

LETS (Local Exchange Trading Systems) groups are community networks where members trade goods and services directly with each other using a local currency or credit system. Instead of relying solely on cash, participants earn credits by providing services or goods to others and spend credits to receive from others. This mutual exchange fosters stronger local relationships, supports small businesses, and encourages resource sharing. LETS groups emphasize community self-reliance and are typically managed locally, promoting sustainable, alternative ways of trading that benefit members and the environment.