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100 Udis

Issuer Red COMAL (Comercialización Alternativa)
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Value 100 Udis
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Obverse description Green and teal multicolour voucher with a central vignette of a large ceiba tree set against a world map underprint. A row of four globe illustrations runs along the lower margin, while multilingual usage restrictions are printed vertically along the right border. The denomination '100' appears in large numerals at upper right with a dark overprint block partially obscuring the value, below which 'UDIS' and 'Cien UDIS' are inscribed; a manuscript signature of the Director Ejecutivo of Red COMAL appears at lower left above a serial number in the bottom left corner.
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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.

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