Community bonds are an investment tool that allow non-profits, charities, and co-operatives to raise funds for community projects. Investors can purchase an organization’s bond which provides the organization with the upfront funds needed for the project. In return, the community group will reimburse investors with interest over a set period of time. Due to the need to repay its investors, the organization must prove that it can generate revenue through its assets and services.
Good Investing interviewed Tonya Surman of the Centre for Social Innovation to learn more about their organization and successful community bond offerings. Check it out!