Community Loans

Why Community Loans?

  1. Group ownership reduces the cost of standard services.
  2. Community loans allow community enterprises to compete for funds on an equal footing to large national or multi-national companies.
  3. When a community receives money from a member the member receives more goods and services for the same amount of money or obtains a discount. Discounts reduce the amount of money paid to investors so saving the community money.
  4. All community members have the same incentive of operating investments at the lowest cost.

Pre Power One Cooperative

Community Loans are an Old Idea

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