Just six short months ago, our little company Community Sourced Capital was born with the purpose of changing the way society thinks about finance. It’s a unique challenge to change how we think about finance, especially if most of us aren’t thinking about it in the first place. That is, unless finance is bad to us. Then we think about it all the time.
We believe finance can be good. It can be good to people and it can be good to businesses. Like when finance enables 113 people to fund a $12,000 loan for an organic cranberry farm. Examples like this demonstrate the potential for finance to embody the qualities that form our generally accepted definitions of “good” like “community” or “sharing” or “love”.
And here’s the “good” news: because money is a human invention, the purpose it carries is ours to invent as well.
Here at CSC, we’re six months into giving money a purpose in our local economies. This is where we’re at:
2 funded campaigns raised $15,000 in loans for community business
Lots more campaigns in the pipeline
6 incredible team members
150+ card-carrying Squareholders
750+ friends (seriously) helping us achieve our vision
We love doing what we do. We spend each day meeting with incredible business owners bringing remarkable products and services to their communities. We identify their financial goals, tell their story, and then help them find purposeful money to finance the next iteration of their business.
So far, we’re a small drop in an enormous bucket. But here’s the “good” news: that bucket—that pesky financial one our society rarely talks about in a positive way—happens to hold remarkable possibility for creating the world we want to live in. Everyone reading this article holds a handful of water from that bucket and all the potential in the world to do something amazing with it.
Cheers to another six months of funding the world we want to live in.