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CFNE's 2019 Annual Report is Out

Submitted by josie shagwert on Thu, 07/02/2020 - 11:19

CFNE's 2019 Annual Report is out!

In this moment of demand for major change, our 2019 Annual Report celebrates the resiliency of the cooperative model, more critically important than ever. With the theme Rooted in Resiliency, it highlights CFNE's work to support co-ops from the “seedling” stage to become deeply rooted and mature, sustaining themselves through difficult financial times.

Click HERE to read the full report.

Highlights from our work in 2019, a particularly strong and notable year for CFNE, include:

  • $7,617,941 loaned
  • 75 loans
  • $0 investor funds lost, for 44 years running

The report features engaging profiles of some of our 2019 borrowers, including WorX Printing in Worcester, MA; Tanám, a Filipinx restaurant in Somerville, MA; River Valley Co-op in Northampton, MA; CERO, a commercial composter in Boston, MA; Franklin Square Homeowners Association in Montpelier, VT; Maine Solar Coop (Insource Renewables) in Maine; Pioneer Valley Growers Association in MA; Railroad Avenue Supply Co., a co-op conversion in NY; Blue Hill Food Cooperative in Downeast, ME; and Milton Mobile Home Park in Burlington, VT.

Many thanks to our borrowers Red Sun Press for their design and printing, and Samara Collective for design.

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