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100 Udis
| Issuer | Red COMAL (Comercialización Alternativa) |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | 100 Udis |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 100 UDIS Cien UDIS Director Ejecutivo Red COMAL SOLO SE PUEDE GASTAR CON MIEMBROS SPENDABLE WITH MEMBERS ONLY NUR BEI MITGLIEDERN EINLÖSBAR À UTILISER UNIQUEMENT AVEC DES MEMBRES APENAS PODE SER GASTO COM MEMBROS (Translation: 100 UDIS (Solidarity Exchange Unit) UDIS = Unidad de Intercambio Solidario) |
| Reverse description | Log in to see details |
| Reverse lettering | Un UDIS equivale a un Lempira UNIDAD DE INTERCAMBIO SOLIDARIO – UDIS Vale para uso exclusivo en la Red COMAL y tiendas asociadas y participantes Los vales no son intercambiables por dinero Red COMAL: fortaleciendo la economía comunitaria (Translation: One UDIS is equivalent to one Lempira Solidarity Exchange Unit Valid for exclusive use within Red COMAL and affiliated or participating stores Vouchers are not exchangeable for money Red COMAL: strengthening the community economy) |
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| Comments |
COMAL — the Coordinadora de Comercialización Alternativa — is a Honduran fair-trade network of campesino cooperatives that began issuing its own complementary currency, the Udi, as a mechanism for internal exchange among member communities. The Udi allowed goods and labor to circulate within the network without dependence on the lempira, partially insulating smallholder farmers from liquidity shortages and predatory credit arrangements that characterize rural Honduras.
Complementary currencies of this type are rarely cataloged seriously. This one was actually used.