Coralus

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Coralus collectively practices different ways of doing things for a better now and a new inheritance. Members offer and access resources at their own pace, creating a self-regenerating pay-it-forward pool of skills, connections, funds, and support then used to advance ventures and the collective doing world changing work. Coralus has circulated nearly $16.5M to 170+ women- and nonbinary-led ventures by distributing capital via collective decision-making. 45% of those founders are from chronically excluded racial and ethnic groups. The payback rate on its unsecured 0% interest loans is 95%. Founded in Canada in 2015, Coralus' current footprint includes the US, Australia, New Zealand, and the UK.
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A Regenerative Economy in Action (SSIR) - Stanford Social Innovation Review

A Regenerative Economy in Action (SSIR) Stanford Social Innovation Review

Global community of women invests in six female-led business ventures in Aotearoa New Zealand - Architecture Now

Global community of women invests in six female-led business ventures in Aotearoa New Zealand Architecture Now

Building a bright future for women entrepreneurs - Business North Carolina

Building a bright future for women entrepreneurs Business North Carolina

Coralus Makes Zero-Interest Loans To Social Entrepreneurs Through A Democratic Process - Forbes

Coralus Makes Zero-Interest Loans To Social Entrepreneurs Through A Democratic Process Forbes

PNC Bank Strengthens Commitment To Women and Nonbinary Entrepreneurs - PR Newswire

PNC Bank Strengthens Commitment To Women and Nonbinary Entrepreneurs PR Newswire

Women-owned businesses bring inclusion and flavor to St. Louis’ business community - The Business Journals

Women-owned businesses bring inclusion and flavor to St. Louis’ business community The Business Journals

257-year catch-up: how a Greenville banker is working to close the economic gender gap - GVLtoday

257-year catch-up: how a Greenville banker is working to close the economic gender gap GVLtoday

Christine Woods: what entrepreneurial women need most - University of Auckland

Christine Woods: what entrepreneurial women need most University of Auckland

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