Climate Justice Alliance

Lending Member

Climate Justice Alliance

The Climate Justice Alliance (CJA) helps run a cooperative loan fund project called Reinvest in Our Power. Reinvest in Our Power is a collaborative vehicle aligning groups, including CJA, to address inequity and democratize wealth by moving capital and governance from the extractive to regenerative economy.

Recent Loans

Earth-bound Building, Forestry and Farm

$32,000
October 1, 2019

Loan for truck, trailer, and rack

NEW WV

Lending Member

NEW WV

West Virginia

NEW WV works to provide business development support and financing to worker-owned and producer-owned cooperatives in central Appalachia. This is part of building a new economy in the region that is inclusive, democratic, and community controlled.

Recent Loans

Unity Coffee

$40,000
October 16, 2017

Startup loan

JuiceUP

$930
August 14, 2019

Basic equipment loan

Philadelphia Area Cooperative Alliance

Lending Member

Philadelphia Area Cooperative Alliance

Philadelphia, Pennsylvania

The Philadelphia Area Cooperative Alliance (PACA) is a cooperative whose members are co-ops in the Philadelphia region. Their mission is to improve the lives of people in the Philadelphia region by supporting democratically organized businesses, promoting the principles of the international cooperative movement, and growing the cooperative economy.

PACA envisions a vibrant and growing network of cooperative enterprises that operate in all sectors of the economy to build a better world—providing essential services, strengthening democratic organizations, creating quality jobs, building community wealth, reducing poverty, strengthening our local economy, protecting the environment, and increasing community engagement.

Recent Loans

Bonfire Media

$38,277
March 25, 2019

Startup capital loan

Boston Ujima Project

Lending Member

Boston Ujima Project

Boston, Massachusetts

The Boston Ujima Project is organizing neighbors, workers, business owners and investors to create a community-controlled economy in Greater Boston.

The Boston Ujima Project is an ecosystem designed to strengthen local economic control and recenter economic power in low income communities and communities of color in Boston. Ujima (oo-JEE-mah) is a Swahili word, the celebrated Kwanzaa principle for “collective work and responsibility.” Ujima is an inspiration to take responsibility for our communities, to see our neighbor’s problems as our own, and to build collective power to solve them together. Through Ujima, the Boston Ujima Project is fostering a new economy based on democracy, sustainability, and justice.

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Recent Loans

Tanám

$75,000
October 12, 2018

Equipment financing for restaurant opening

Hudson Valley Community Wealth Fund

Lending Member

Hudson Valley Community Wealth Fund

The Hudson Valley, New York

Hudson Valley Community Wealth Fund (HVCWF) is a community-led revolving loan fund that provides financing and support to principally aligned projects in their region with the explicit goal of building shared wealth and power in communities most impacted by inequality. They provide non-extractive loans, ongoing technical assistance, and organizational coaching for the projects they partner with to help them achieve long term financial sustainability. As HVCWF grows, funded projects will have a voice in future lending decisions as a pathway towards shifting the control of capital and local economic development into the hands of their community. They believe that local and collective control of capital is necessary to build a more resilient and equitable economy.

Recent Loans

Rock Steady Farm & Flowers

$50,000
October 1, 2019

Line of credit

Rock Steady Farm & Flowers

$14,270
May 20, 2018

Loan for a hoop house to expand production

Rock Steady Farm & Flowers

$113,400
January 1, 2017

Financing to convert the farm to worker-ownership

PODER Emma

Lending Member

PODER Emma

Asheville, North Carolina

PODER Emma develops community ownership in the Emma neighborhood of Asheville, North Carolina. PODER Emma creates tools and strategies to prevent displacement and preserve the tight-knit nature of mobile home communities which keep their families safe.

Emma residents have a deep love for where they live, and PODER Emma and partner grassroots organizations have been working for more than a decade to build deep relationships; strengthen leadership skills and capacity in ourselves and our neighbors; and to cultivate a sense of place, belonging, identity, and culture. Over the years they have created community solutions to problems in their neighborhood that have created a collective belief that when community comes together it can improve their lives for themselves and future generations. 

Recent Loans

Mahetsi

$356,439.13

Purchase of the Meadowood mobile home park

Sourwood Community Real Estate Cooperative

$681,186.64

Purchase of the High Oaks mobile home park

La Esperanza Real Estate

$75,000
July 24, 2019

Loan for second floor expansion

Las Casitas

$195,000

Purchase of a mobile home park