Video: Meet the Impact Investors, The Canadian Alternative Investment Cooperative
This video is part of a series that showcases social finance at work. In these case studies, you can see how impact investors make their decisions and learn more about different models of social finance. Learn more about the difference that social finance is making in communities and for companies that harness it for social good!
In this video, the Canadian Alternative Investment Cooperative's groundbreaking work, stretching back over two decades, is featured.
The Canadian Alternative Investment Cooperative (CAIC) provides loans and equity investments to groups, organizations & cooperatives assisting the economic development of diadvantaged people or communities and whose objectives are considered to be of social benefit by CAIC's Board of Directors. In this clip, Beth Coates, Financial Manager, notes that "groups that are working in social justice can further their mission through borrowing money from [CAIC]."
One of CAIC's loan recipients is The Working Centre, established in 1982 as a response to unemployment and poverty in Kitchener. It has been described as 'an independent instrument of self-help community development' and provides tools for collaborating, learning, and cooperating.
We invite you to share your thoughts about this video below. What did you learn from the Canadian Alternative Investment Cooperative and The Working Centre? How can their experiences inform your work?
Note: SocialFinance.ca has featured CAIC previously and will soon begin a series featuring case studies from the organization's current and past work.