“With the microloan I received, my vision for my farm is moving forward. It involves building a micro dairy plant to bottle my own milk and produce dairy products on the farm.”
— Kyle Bostrom of Bostrom Farm, a 2009 microloan recipient
The public’s growing interest in local food production and concern over global energy dependencies mean that a regionally focused agricultural network consisting of a variety of farms is possible. Presently, however, agriculture is barely reflected in socially responsible investing, which grew to $2.71 trillion in 2008, according to the Social Investment Forum.
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The Carrot Project is among the first vehicles utilizing investment dollars from social investors and putting them to work to help rebuild a sustainable food system. The Carrot Project is employing a community investment model to address the financing needs of small- and mid-size sustainable farmers in the northeast U.S.
-Eric Becker, Clean Yield Asset Management in Spring 2010, Green Money Journal On-line