At least one person in our group has invested in Northcountry Cooperative Development Fund (NCDF). It’s great! Northcountry Cooperative Development Fund 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 175 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. Since its founding in 1978, NCDF has originated over $31 million in cooperative financing.