From Diane Berard / Future of Good: Novia Scotia, Canada, created community economic development investment funds with a 35% tax credit to investors to help small businesses that need capital but don’t qualify for bank loans. The cooperative FarmWorks brings together investors and farmers using this funding method to provide loans that will directly support the local food network.
Click here to read the original story.
Find other articles covering creative finance solutions.
Deepa Iyer is the co-founder of Ayeko Farms, an initiative focused on sustainable agriculture and building community resilience through farming practices. She works to promote environmental sustainability and social equity by fostering deeper connections between communities and the land. Deepa...
From Annie Banerji / Christian Science Monitor: Microfinance institutions in India are providing low-cost loans to women in remote areas who typically only have access to loan sharks. The women are using the money to break poverty cycles and start their...
Steve King is the Executive Director of the Oakland Community Land Trust, a nonprofit organization dedicated to removing land, housing, and other community-serving real estate assets from the speculative market and stewarding them with, and for the permanent benefit of,...
Sabrina Habib is a social entrepreneur & global leader advocating for quality childcare, early childhood development, and women’s economic empowerment. She is the Co-Founder and CEO of Kidogo, the leading childcare network in Kenya, serving over 38,000 young children in...
From Josh Cohen / CrossCut: In Seattle, Homestead Community Land Trust and Habitat for Humanity Seattle-King County help low-income residents buy homes using a community land trust model. Residents who make under 80% of the local median income can purchase...
From Michelle Ye Hee Lee and Julia Mio Inuma / The Washington Post: Kamikatus, Japan, a town of about 1,500 people, is working to become a zero waste community. It has transformed its waste disposal into a system of buying,...
We use cookies to improve your experience on our website. By continuing to browse, you agree to our use of cookies. For more details, please see our Privacy Policy.