We launched the Farmer Fund on Sunday, September 26th at the Grange Kitchen & Bar in Ann Arbor. Memebers of the community pledged the initial $30,000 in loans that, by being matched with breakfast funds, will greatly expand our lending program to support area farmers.
Currently, all lending is for the construction of hoop-houses. These structures are creating a vital new economy in four season agriculture in our region. As the program continues we will be making loans to farmers for other important infrastructure building projects.
The Farmer Fund offers members of the local community an opportunity to support local farmers by partnering with us on each of our projects. By working with others in our community that seek to lend money directed to farm infrastructure, we will be able to triple the impact breakfast funds currently generate. Lenders (you!) will be able to specify which projects get funded and will earn 2% interest. More importantly, you will know that a portion of your assets are working in the community to grow livelihoods as well as food.
For more information about the fund, email info@selmacafe.org
You can read more about the projects we have funded to date here.
