The final portion of our gap funding will be loaned to us by LEAF (Local Enterprise Assistance Fund), a Community Development Financial Institution (CDFI) whose mission is “to promote human and economic development by providing financing and development assistance to cooperative and social purpose ventures that create and save jobs for low-income people.”
According to leaffund.org, “LEAF lends nationally, with a focus on community-owned natural food cooperatives that create high quality jobs and provide access to healthy food in urban and rural communities; low-income cooperative housing developments; and worker-owned firms and other community-based business and social enterprises.”
People’s Food Co-op is one of many other food co-ops to have borrowed from LEAF. To learn more about LEAF, please visit their website at: leaffund.org