Because of their unorthodox ownership structures, cooperatively owned businesses don’t fit neatly into most lenders’ boxes. So one group decided to build their own source of funding.
The article is about Seed Commons - a community wealth cooperative - and looks to be restricted to the US. Description:
Seed Commons is a national network of locally-rooted, non-extractive loan funds that brings the power of big finance under community control. By taking guidance from the grassroots and sharing capital and resources to support local cooperative businesses, we are building the infrastructure necessary for a truly just, democratic and sustainable new economy.
The article is about Seed Commons - a community wealth cooperative - and looks to be restricted to the US. Description:
In any case I’ve added it to delightful-funding candidate list.