Bovvy Mkt
Investment:
Loan Guaranty
Enterprise:
Bovvy brings healthy, organic food to neighborhoods in Detroit through their satellite store coolers. The coolers contain fresh fruit bowl, sandwiches and soups prepared in a shared kitchen. The satellite coolers are in gas stations, small convenience stores and other local shops within the city. Bovvy plans to expand to 60 stores through the acquisition of new coolers. The new coolers will be used to support new contracts with proposed stores and replace existing coolers that need repairs that could be costly.
Financing Purpose & Date:
Fair Food Fund provided a guaranty on a loan from Michigan Women Forward to support the acquisition of new equipment.