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Black Cooperative Investment Fund

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5792 W. Jefferson Boulevard
Culver City, California - 90016 United States
Phone: 3109046336
Website: http://www.bcifund.org

Founded in 2016 and launched in January 2017, the Black Cooperative Investment Fund (BCIF) is a community-based 501(c)3 nonprofit fund based on the tradition of cooperative economics. BCIF provides microloans to African Americans that have a high likelihood of building financial assets. Our mission is to create social change for the Black community through the primary strategy of building assets and wealth. We provide microloans through pooled dollars from individuals and companies who are passionate about economic empowerment for the African American community. Housed at OneUnited Bank, BCIF has a specific focus on communities in the Southern California region. The vision is to provide a dedicated, reliable, and perpetual source of capital to create assets and build wealth for, and within, African American communities.

We provide affordable, low-interest, low-fee loan alternatives to traditional lenders. All earnings from interest repayments are reinvested into the fund to grow and sustain the fund for long-term usage in the Black community.

Black Cooperative Investment Fund Awards First Loan!

The Black Cooperative Investment Fund (BCIF) awarded its first microloan to  C.H.N.O. Box, LLC founded by Meggan Bishop-Oirech. The board of directors unanimously voted to award a $15,000 small business loan. BCIF believes that C.H.N.O. embodies the spirit of black…

The Black Cooperative Investment Fund to Host Official Launch and Fundraiser Event

The Black Cooperative Investment Fund (BCIF) will host its official launch and fundraiser event Saturday, April 15th at 7 p.m. The event will be held at The Beat Box L.A. located at 11828 Teale Street, Los Angeles 90230. The event…

Black Cooperative Investment Fund Host Community Screening of the Documentary 7AM

The Black Cooperative Investment Fund (BCIF), in association with Holman United Methodist Church, will host a special screening and discussion of the documentary, 7AM, Saturday, March 4th, at 5 p.m. The screening will be held at Holman United Methodist Church…

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