South Paw Farm

Investment:
$4,000 Collateral Initiative investment with Maine Harvest Federal Credit Union
Enterprise:
South Paw Farm is a woman-owned farm in Maine that grows a diverse mix of vegetables and crafts a line of value-added products using produce grown onsite. It’s on a mission to grow its profitability and provide fresh produce to families in Maine experiencing poverty.
Financing Purpose & Date:
Leveraging our Collateral Initiative, we put money on deposit at Maine Harvest Federal Credit Union and provided a bridge loan that helped South Paw Farm secure a $15,000 loan.
Update:
South Paw is using this loan for solar array that will support the farm’s energy needs.