This study explores the role of solidarity finance in promoting local development and the empowerment of marginalized communities through financial inclusion and access to community credits. It focuses on how solidarity-based financial mechanisms provide accessible credit with fewer barriers, fostering productive activities and economic resilience.
Focused on 12 Southeastern states, the new institution will offer low-interest loans and technical support to help farmers, landowners, cooperatives, and ag-based businesses start and grow operations.
Co-op advocate and Author Clifford N. Rosenthal discusses the role CDFIs play in the development of co-ops, and his book "Democratizing Finance: Origins of the Community Development Financial Institutions Movement."