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Southern Reparations Loan Fund is a network of loan funds that lend to democratically-governed enterprises that meet the needs and elevate the quality of life of African American, immigrant, and poor white communities in the US South. SRLF network members focus their lending to start-ups and expansions of democratically-governed enterprises that meet the needs and elevate the quality of life of African Americans, immigrants, poor whites, and others who have been systematically damaged by exploitation and oppression. Our aim is to nurture the development of businesses that maximize community benefit, rather than the narrow concept of maximizing profit. The SRLF network began life in 2015 as a single, centralized loan fund. The goal of SRLF is to serve the entire South – a region of almost a million square miles. Since SRLF came into existence, we’ve re-learned a key lesson about effective lending – it has to be rooted in place at a level of “local-ness” that we can’t achieve across a 14-state region through a centralized model. Being local allows for the kind of contextual understanding, relationship-building and close-at hand technical assistance that new and growing enterprises need. website: https://southernreparations.org/ facebook: @SouthernReparations

Loans

Unity Coffee

Unity Coffee Startup Loan

A startup loan for a worker-owned coffeeshop in Parkersburg, WV, which will create five part time jobs where four of those positions are worker-owner positions.

Parkersburg, United States
October 16, 2017
US $40,000.00

Mo Betta BBQ Cooperative

Mo Betta BBQ Cooperative - Jan 13, 2023

Mo Betta BBQ is a family owned LLC operating in Winfield WV (20 miles west of Charleston) interested in converting to the cooperative business model while opening an additional location.

Winfield, United States
January 13, 2023
US $67,100.00

Phat Daddy's On Da Tracks

ERP Loan: Working Capital to Implement Business Rescue & Achieve Break Even

Working capital to assist the cooperative recover from the COVID-19 pandemic

Charleston, United States
July 26, 2023
US $100,000.00

Flippin' Birds

Working Capital for Food Truck Pivot

This loan is a refinance of loan #10755 to include additional working capital for established food truck.

New Orleans, United States
December 6, 2023
US $235,775.13

Las Casitas Real Estate Cooperative

Las Casitas New Member Loan

Las Casitas, a four year old housing cooperative is seeking lending to buyout a membership investment of 36,026.18.

Asheville, United States
February 4, 2022
US $39,324.27
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