Here is an overview of our community model.
Here is an overview of our community-owned business model.
Investment, Research and Training Cooperative.
Investment capital is difficult to obtain for individuals who doesn’t come for a background of stable financial growth. This unequally effects African Americans due to historically setbacks. Currently, credit measurement and asset-backed loans are use legal for-profit processes such ask credit rating, work history, address, assets protections to uphold historical discriminatory pratices.
In order for African American to get ahead, a financial institution cannot be operated purely for-profit and much be operated for the benefit of the community they serve. This community financial resource must make investments in the community they serves with an understanding that the profits potential is lower then more well-off communities but the social impact if higher then other communities.
Primary Investments: Consumer Cooperatives
Secondary Investments: Worker Cooperatives
Secondary Investments are meant to further remove foreign bodies from our communities (Plugging The Leaks) and replace them with locally-owned worker cooperatives. This includes retail and entertainment industries.
The goals of secondary investments are to build sustainable worker-owned cooperatives and prevent money from leaving our communities. After this has been accomplished, we will begin to focus on increasing investment into our communities.
The Importance Of Expansion
Tertirary Investments are meant to provide injections into the communities it served. This means the top focus of tertiary investment is to cater to other communities spending habits and leverage these profits to solve our community problems.
The goals of secondary investments are to build worker-owned cooperative that has the ability to scale their services beyond our communties in an economically viable model.