Catalog
| Issuer | Red COMAL (Comercialización Alternativa) |
|---|---|
| Year | |
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| Composition | Paper |
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| 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 | White券 ground enclosed by a fine-line guilloche border in dark green, with a large central guilloche oval surrounding the COMAL shield logo. The title 'UNIDAD DE INTERCAMBIO SOLIDARIO – UDIS' arcs across the upper portion of the oval, with conditions of use printed in Spanish below. Three blank validation squares are arranged vertically along the right margin, with additional blank squares at lower left, all in blue outline. |
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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.