Sustainable Community Grant Examples

Incubation, expansion, and learning: The Microloan Fund for New England Farmers

Grant ID Number: CNE09-066
Grant Recipient: Dorothy Suput, The Carrot Project, 2 Belmont Terrace, Somerville MA

Building on previous research and planning supported in part by SARE, the project manager will address farm financing gaps by collaborating with lenders, matching farmers with business planners, and offering modest loans that will leverage access to conventional capital. The goal is to educate banks about agricultural lending, improve access to farm credit, increase alternative lending practices in the farm community, and expand the microloan program so that larger loans can be offered.

Grant Amount: $17,514

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