Coventry LETS

What is LETS?

Coventry LETS is part of a nationwide network of Local Exchange and Trading Systems (LETS), whose members trade their skills, services or goods using their own form of money.  Our currency is the 'Cov' and 1 Cov is equivalent to £1.  regular 'social sales' form part of our activities and such events take place across Coventry, allowing members to trade and make new friends.  They are vital in building up mutual trust between members.  We also participate in local festivals and events. 

How does it work?

It's very simple .  All you need to do is:

Look in the LETS Members directory to find out whether anyone is offering the goods or services that you would like (home made bread, jam and chutneys, organic produce, cleaning, gardening, bicycle repairs, etc.) 

Contact the member and agree a price.  This can be in Cov's or part Cov's / part £'s

When you are satisfied with your purchase, give the seller a Cov's cheque to the tresurer so that it can be recorded in the group accounts.  These accounts are available on-line to be viewed by all LETS members.

Of course, this process also works the other way around - members can also contact you to purchase your goods and skills using Covs in  payment for them. 

...So why not get involved?

See www.coventry.letsystem.org for further details, or please contact the Membership Secretary. 

Email:covletssec@aol.com    Mobile 07989 626 416

When you join you will receive: 

• LETS Trading Directory plus access to an on-line directory updated regualrly with 'offers' and 'wants'
• Cov cheques
• Quarterly Coventry LETS Trade Magazine - our newsletter
• Membership Agreement
• Your own personal PIN number to access Coventry LETS secure accounts and trading database and your personal account details.