|
Northcountry Cooperative Development FundAbout NCDF |
||||||||||||||||||||||||
|
|||||||||||||||||||||||||
Home Join Invest Borrow Worker Ownership Fund About NCDF FAQ News Contact Us Affiliates |
NCDF's Mission: "Investing in Economic Democracy Through Cooperative Enterprise" Northcountry Cooperative Development Fund (NCDF) is a cooperatively owned community-development loan fund committed to fostering economic democracy by investing in cooperative enterprises. Based in Minneapolis, Minnesota, NCDF currently serves more than 170 co-op members in 30 states, including natural food, consumer, producer, housing and worker-owned cooperatives. A federally certified Community Development Finance Institution (CDFI), NCDF creates opportunities for cooperatives and social investors to invest in the national cooperative movement, with an emphasis on community development within economically challenged and underserved communities.
History NCDF was started in 1978 when several Twin Cities area natural food consumer and worker cooperatives pooled about $4,000 of their savings to form their own revolving loan fund. At that time, NCDF was known as North Country Development Fund. Their aim was to establish a self-help loan fund that would encourage the growth and development of community-owned cooperative enterprises throughout the upper Midwest. Since its founding as one of the first such community development loan funds in the country, Since its founding in 1978, NCDF has originated over $31 million in cooperative financing to consumer, worker, housing and producer cooperatives and their members throughout the US. NCDF Board of Directors
Click here for more information on membership. View a list of NCDF Investors and Contributors.
|
||||||||||||||||||||||||
Copyright © Northcountry Cooperative Development
Fund |
|||||||||||||||||||||||||
