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Nov 3, 2015
Debbie Trocha, Executive Director, Indiana Cooperative Development Center

In November of 2012, a month after Hurricane Sandy hit Far Rockaway, a neighborhood in Queens, New York, 10,000 residents were still living without power. Henry Lezama, a construction worker and Far Rockaway resident of 14 years took his family to a local church where others had gathered for aid and shelter. That's where he met organizers from Occupy Sandy and The Working World, an organization that provides low-interest loans and technical support to cooperatives. The Working World gave him and four others the start-up money. They used it to start a construction cooperative called Roca Mia. When Roca Mia repays its loans, the interest will go into a fund that will be reinvested in three more co-ops already in development in the Rockaways. The co-op will put its debt to work for the local community.

Read more about this innovative financing model of cooperatives at http://www.truth-out.org/news/item/33483-creative-finance-launched-worker-owned-co-ops-in-post-sandy-new-york.

Topics: Cooperation Among Co-ops Tags: cooperatives, Hurricane Sandy, Far Rockaway, Queens, The Working World Comments: [comment_count]
Nov 3, 2015
Debbie Trocha, Executive Director, Indiana Cooperative Development Center

In November of 2012, a month after Hurricane Sandy hit Far Rockaway, a neighborhood in Queens, New York, 10,000 residents were still living without power. Henry Lezama, a construction worker and Far Rockaway resident of 14 years took his family to a local church where others had gathered for aid and shelter. That's where he met organizers from Occupy Sandy and The Working World, an organization that provides low-interest loans and technical support to cooperatives. The Working World gave him and four others the start-up money. They used it to start a construction cooperative called Roca Mia. When Roca Mia repays its loans, the interest will go into a fund that will be reinvested in three more co-ops already in development in the Rockaways. The co-op will put its debt to work for the local community.

Read more about this innovative financing model of cooperatives at http://www.truth-out.org/news/item/33483-creative-finance-launched-worker-owned-co-ops-in-post-sandy-new-york.

Topics: Cooperation Among Co-ops Tags: cooperatives, Hurricane Sandy, Far Rockaway, Queens, The Working World Comments: [comment_count]
Oct 20, 2015
Debbie Trocha, Executive Director, Indiana Cooperative Development Center

October is Co-op Month.  During the month we celebrate all the ways co-ops build a better world—through equality, through ownership and by investing in people and their communities. 

Since 1930, co-ops across the United States have convened every October to celebrate the cooperative movement's history and economic impact on communities nationwide. The annual awareness month provides a key opportunity to reflect on the legacy of cooperative impact and celebrate the many ways co-ops are building better businesses, better communities and, ultimately, a better world. 

 

Topics: Networking Tags: co-op month, cooperatives Comments: [comment_count]
Oct 20, 2015
Debbie Trocha, Executive Director, Indiana Cooperative Development Center

October is Co-op Month.  During the month we celebrate all the ways co-ops build a better world—through equality, through ownership and by investing in people and their communities. 

Since 1930, co-ops across the United States have convened every October to celebrate the cooperative movement's history and economic impact on communities nationwide. The annual awareness month provides a key opportunity to reflect on the legacy of cooperative impact and celebrate the many ways co-ops are building better businesses, better communities and, ultimately, a better world. 

 

Topics: Networking Tags: co-op month, cooperatives Comments: [comment_count]
Oct 15, 2015
Debbie Trocha, Executive Director, Indiana Cooperative Development Center

In 2011, staff from the Latino Economic Development Center (LEDC) in Minneapolis met with about 30 residents of Long Prairie, Minn., to discuss starting a farmer cooperative that would improve their income and promote economic development. After meetings throughout that winter, the cooperative became a legal entity in April 2012. The eight original members each contributed $250 to start the Agua Gorda Cooperative. 

This is just the beginning.  For the rest of the story, go to http://blogs.usda.gov/2015/10/14/agua-gorda-co-op-provides-latino-farmers-with-means-to-acquire-land/.

 

Topics: Cooperation Among Co-ops Tags: LEDC, Long Prairie MN, cooperatives, farmers Comments: [comment_count]

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