Invest. Here. Now.

River Valley Market - Local Investment Campaign

  • 06 Jan 2014 5:54 AM
    Message # 1468496
    River Valley Market, a Northampton food cooperative owned by over 6,000 residents, is soliciting member loans to reduce the amount of funds we need to borrow from banks as we conduct a planned refinancing after 5 years of very successful operation.

    We support more than 100 local farmers and 200 local businesses, and employ over 100 people. New loans will not only strengthen and localize more of the co-op’s finances; they also enable our community members to earn interest.

    As of December, 2014 we have raised half of our $2M goal - and the more we can raise locally, the less we need to borrow.  We plan to devote $1.5M towards our refinancing and $500,000 towards a planned equipment upgrade.

    Terms are attractive!  Be aware only member owners are eligible to loan; so if you are interested please consider joining the co-op ($150 one-time fee).

    More information can be found at

    or contact Jeff Napolitano at (413) 320-6099 or by email at You may also inquire at our Customer Service Desk at the store, 330 North King Street, Northampton, MA.

    • Minimum loan amount is $1,000
    • Loan term is 4-7 years (your choice)
    • Lenders select interest rates:
    • 0-3% on loans of $1,000-14,999
    • 0-5% on loans of $15,000 or more
    • Simple interest is paid annually.
    • Member loans are unsecured and subordinate to senior loans
    Loans can only be made by River Valley Market member-owners, due to legal requirements surrounding member ownership under Co-operative law.
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