The National Co-op Grocers Development Cooperative Loan Fund (NCG-DC Loan Fund) is a partnership between the National Cooperative Grocers and Capital Impact Partners to provide financing to food cooperatives seeking to expand, consolidate debt, and make capital improvements. Member cooperatives invest in the NCG-DC Loan Fund that lends money to other members. All interest and fees provide a return to the cooperatives that have invested in the fund.
Through this loan fund, Capital Impact Partners builds on our 30-year history of support for cooperative development.
Alison Powers
Director of Economic Opportunities
apowers@capitalimpact.org
As a mission-driven organization, we are committed to supporting projects that create social and economic justice.
For many years, uninsured residents of Washington D.C.’s Ward 5 had to rely on a small, outdated clinic. That all changed when we helped Unity Health open a new 26,000 sq. ft. facility, vastly increasing its services offered to patients.
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When Sam Shina wanted to revamp his neighborhood store to better serve his Detroit neighborhood with healthy, local and affordable offerings he turned to Capital Impact Partners. With $6 million in financing, Sam was able to double the size of his store and create a host of new jobs.
Age-friendly communities require a range of support services, including access to nutritious food. Our financing of the Meals on Wheels program near Fort Worth, Texas helped build a new warehouse and modern kitchen facilities. This will help expand meal deliveries by 50% to at least 1.5 million meals annually for a mostly low-income older population.