Investment Clubs, Credit Unions and Developing Local Economies

This discussion comes in two parts. Zach Liggett of Goldeneye Asset Management returns to update the concept of local investment clubs. Zach and Dave both participated in a webinar sponsored by BALLE focusing on one successful model of a local investment club making micro loans to small agricultural businesses: The No Small Potatoes Club of Maine.   The discussion outlines the rather straightforward process for establishing a club and micro loan model this club follows. Zach also outlines the opening discussion in the Local As Possible organization about following a  different model, one of matching small local investors with local entrepreneurs in need of capital through an educational outreach program.  Karen Browne, CEO of the TBA Credit Union comes in for the second half discussion about the role of credit unions, in keeping money local.