Why do we need Slow Money NC?
Many of us have a variety of investments which travel the globe at the speed of light and have no relationship to us, or to the products we use, or to our local communities. We think we need to change that. With Slow Money NC our money comes back home where it can do a great deal of good, and back down to earth. Here’s how.
Slow Money NC lets you reconnect with a portion of the money that you entrusted to strangers in faraway places and, instead, help build a more local, durable economy from the soil up! When you make a loan to a farmer or other local food enterprises so they can expand and flourish, you can truly enjoy the fruits of their labor.
If we each invested just 1% of our portfolios in enhancing our local food systems, the change would be extraordinary. Our money could quickly go to work enriching our lives, instead of the lives of faraway bankers and businesses. When thousands of people do something, even something small, it can make a very big difference.
If you include “meaning” in your investment metric, you will find making Slow Money loans offers insanely wonderful returns.
By facilitating low interest loans to local food businesses we can all enhance our local food shed and enrich our community.
It’s easy. To date about 160 folks in North Carolina who want to build resilience in their local food economy have made loans or investments to local, sustainable food and farming businesses. Since 2010 they have made more than 180 low-interest loans – totaling over $3 million – supporting 98 sustainable farmers and local food enterprises throughout the state!
Slow Money groups are forming throughout North Carolina. Let us connect you to the one in your area, or help you get one started!
A Taste of Tasch
“This enterprise that we are a part of, with its new organic farmers and the host of small food enterprises that are emerging to bring their produce to market, is about an economy that does less harm…. It’s about pulling some of our money out of ever-accelerating financial markets and its myriad abstractions — called, with more than a little irony, securities — and putting it to work near where we live, in things that we understand, starting with food — creating a more immediate and tangible kind of security.”
from Inquiries into the Nature of Slow Money, by Woody Tasch