Slow Money’s Beetcoin Platform Makes No-Interest Loans To Farms

Back in 2010, Woody Tasch founded Slow Money, a movement that raises low-interest loans from local investment groups to lend to organic farms and local food enterprises, taking a patient capital approach. Dozens of groups have lent more than $80 million to over 800 ventures since then.

But during the early days of the pandemic, Tasch, a pioneer of patient capital, mission-related investing and community development venture capital, got to thinking about how to add an online component to the system. That’s when he decided to step up a zero-interest loan approach he’d introduced a few years before. To that end, a few months ago, he launched “Beetcoin”,

→ Continue reading at Forbes - Startups

More from author

Related posts

Advertisment

Latest posts

This California city paid $1.1 million to keep faucets running through March as the price of water skyrockets

By René Marsh | CNNMiles of brittle, uprooted almond trees lay dead on their sides on parched farmland in Coalinga, California, as an intensifying...

Sharks open for business? Four players who could be moved this season

San Jose Sharks left wing Matt Nieto, left, celebrates with center Nick Bonino (13) during the first period of an...

Hoopa Valley Tribe sues US over California water contracts

By KATHLEEN RONAYNE | The Associated PressSACRAMENTO — The Hoopa Valley Tribe alleged in a lawsuit Monday that the federal government is violating its...