Profile: Cooperative Fund of New England
The Cooperative Fund of New England has played a leading role in financing the Northeast’s cooperative food movement. As a CDFI it has served as a financer, lender, and advisor to nearly every food co-op in the area.
Cooperatives differ from traditional businesses in that they are jointly owned by, and operated for the benefit of, the people using their services. A cooperative’s profits are distributed among its members, and decisions are made democratically.