Skip to main content
Default Image

Getting Started In Community Investing

“In South Africa, a U.S. community loan fund gave 16 black women the help they needed to start the New Forest Vegetable Project, after countless banks had turned them away. The local community development institution, the Bushbuckridge Local Business Service Center (BLBSC) secured a $709,000 commercial bank loan on their behalf by turning to a U.S.-based international guarantee fund, Shared Interest. In the Project’s first harvest, it grew 175 tons of top-grade tomatoes. Today, three years later, the Project’s tomatoes and peppers are sold across the country, each woman owns her own greenhouse, and 80 women are employed. That’s community investing at work.”

Read the full article below.

Publication date: 2003-04-30
Parent publication: Business Ethics
Download and read now:

More related work

July 7, 2020
The role of regional cooperative banks

The role of regional cooperative banks in community wealth building

An important shift brought about by the community wealth building movement is towards regionalizing and localizing financial flows and keeping money in communities through initiatives such as local currencies and community banks. This is now rapidly catching on in the UK.

read more
July 7, 2020
Default Image

Building the democratic economy, from Preston to Cleveland

In June 2018 The Laura Flanders Show released a special report, “Building the Democratic Economy, from Preston to Cleveland ,” co-produced with The Democracy Collaborative. The documentary features the exciting trajectory of a new model of inclusive, democratic local economic development in what had

read more
July 7, 2020
The Preston model

The Preston model: An overview

The “Preston Model” is helping inspire a new conversation about the role of local government in catalyzing locally-driven economic revitalization and transforming patterns of ownership towards democratic alternatives.

read more