Shared Capital Cooperative

Shared Capital Cooperative is a national loan fund and federally certified Community Development Financial Institution (CDFI) that provides financing to cooperative businesses and housing throughout the United States. Shared Capital’s mission is to foster economic democracy by investing in cooperative enterprises, with a focus on providing financing to co-ops to create wealth in low-income and economically disadvantaged communities. Shared Capital is a cooperative association, democratically owned and governed by its members, more than 260 cooperatives in over 35 states. By borrowing from and investing in the fund, members directly engage in our work, connecting cooperatives and capital and supporting shared economic prosperity and ownership. Shared Capital Cooperative also raises investments from social investors who support the cooperative economy and are aligned with our mission. Headquartered in Saint Paul, Minnesota, Shared Capital Cooperative is managed by a small, professional staff and governed by a board of directors that is nominated and elected by our members. Since its founding in 1978, Shared Capital, formerly known as Northcountry Cooperative Development Fund, has made nearly 900 loans totaling over $50 million to cooperatives in the United States.