ChocolateGypsy
06-12-2012, 09:35 PM
I recently came across this as part of the "Create Jobs for USA" campaign. I'm just passing it along as something to think about. In other words: I know nothing! So do your own "homework!!"
http://www.communityloanfund.org/how-you-can-help/invest
from the website:
"Investments in the New Hampshire Community Loan Fund are stable, pay interest to the investor and create opportunity many times over in New Hampshire’s communities.
Here’s how it works: The money that people and institutions invest in us, combined with our own capital, creates the pool of funds from which we lend to create opportunity for decent housing, child care and jobs for families with low or moderate incomes.
Our borrowers are people and nonprofit organizations that won’t qualify for a bank loan, but that are responsible and motivated to achieve their goals, including repayment. We connect them with the specialized training and support they need to be successful.
Along with the satisfaction of knowing that your funds are helping people in your community, you receive annual fixed-rate interest on your investment in the Community Loan Fund. When making the investment, you choose a fixed simple annual interest rate – up to 5% for investments 10 years and longer, up to 4% for loans of seven to nine years, up to 3% for loans of five or six years, up to 2% for loans of three and four years, and up to 1% for one- and two-year loans.
Investments in the Community Loan Fund are not available to residents of some states outside New Hampshire. Please contact us for more information."
http://www.communityloanfund.org/how-you-can-help/invest
from the website:
"Investments in the New Hampshire Community Loan Fund are stable, pay interest to the investor and create opportunity many times over in New Hampshire’s communities.
Here’s how it works: The money that people and institutions invest in us, combined with our own capital, creates the pool of funds from which we lend to create opportunity for decent housing, child care and jobs for families with low or moderate incomes.
Our borrowers are people and nonprofit organizations that won’t qualify for a bank loan, but that are responsible and motivated to achieve their goals, including repayment. We connect them with the specialized training and support they need to be successful.
Along with the satisfaction of knowing that your funds are helping people in your community, you receive annual fixed-rate interest on your investment in the Community Loan Fund. When making the investment, you choose a fixed simple annual interest rate – up to 5% for investments 10 years and longer, up to 4% for loans of seven to nine years, up to 3% for loans of five or six years, up to 2% for loans of three and four years, and up to 1% for one- and two-year loans.
Investments in the Community Loan Fund are not available to residents of some states outside New Hampshire. Please contact us for more information."