The Cochabamba Project was founded in 2009 as a community benefit society to raise long-term capital for the ArBolivia project, which helps families living in the Bolivian Amazon to develop sustainable alternatives to slash and burn farming.
The project has launched a new loan stock offer in order to boost funds to develop new activities. In order to continue supporting farmers and developing a community based forestry enterprise the organisation needs long term investment.
In order to facilitate the long term investment capital needed , David Vincent and John Fleetwood, two former independent financial advisers who has previously co-founded the Ethical Investment Association (EIA), formed a community benefit society in 2009.
Initially the Cochabamba Project only planned to support ArBolivia’s activities in the department of Cochabamba but has since expanded to support all four departments of the Bolivian tropics.
Speaking about his interest in the project, Vincent said, “I had an interest in forestry as an alternative form of investment, which is both tangible and is not linked to the stock market. I also had an interest in co-operatives as a fairer and more transparent structure – going back to Baywind and Haverigg II in 1998 – so this was a natural fusion.”
The society now has just under 500 members and has raised more than £3.5 million, which has been invested in ArBolivia. The society is a 50% partner in the forestry enterprise, with the farmers sharing the other 50%.
Vincent continued, “When I decided I could no longer have any faith in the conventional financial services industry I wanted to focus on creating tangible assets using a co-operative structure.”
This led him to contact Sicirec, a consultancy group in the Netherlands that was involved in designing the ArBolivia model and providing the initial funding. Vincent explained that since ArBolivia depends on well-established co-operative within its communities it seemed logical to set up The Cochabamba Project as a co-operative to partner it.
To learn more about the project and loan stock offer click here or contact David Vincent on 0114 236 8168.
Photo: Ivan Mlinaric via Flickr
Like our Facebook Page
REPT BATTERO Makes Breakthrough in Future of Eco-Friendly Batteries
Harnessing the Sun: The Far-reaching Benefits of Solar Panels
7 Benefits of Purchasing Sustainable Housing
Our Top Five Sustainable Home Renovations For 2023
6 Ways Eco-Friendly Photographers Can Take Beautiful Natural Pictures
Emerging Research In Seagrass Restoration: What Does The Future Hold?
Sustainable Bites: How To Make Your Diet Eco-Friendly
Coffee Farms & Cloud Forests: Colombia’s New Eco Initiatives
Electric Cars: Are They Worth The Switch?
Maximizing the Efficiency of Deliveries: Strategies for Sustainable Businesses
The Future of Sustainability In The Logistics Industry
Eight Different Eco-Friendly Developments in the Food Industry
5 Key Areas to Look at When It Comes to Business Sustainability
Holding Eco-Friendly Coins is Greener and More Profitable
Addressing Leadership Challenges in Green Entrepreneurship
5 Reasons That Diamonds Can Be Excellent Green Investments
Why Should We Invest in Eco-Friendly Homes?
The Rise of Sustainable Cloud Computing
Navigating Towards A Greener Future: Sustainable Practices In Maritime
Eco- Friendly Homes Integrating Environmental Consciousness into Modern Real Estate
- Features3 months ago
What is the Eco-Friendliest Option to Wash Your Dishes?
- Environment7 months ago
6 Home Improvements You Can Make to Help the Environment
- Environment11 months ago
How to Ensure Your Home’s Eco-Friendly During Construction?
- Business10 months ago
The Pulp & Paper Industry is Reaching its Sustainability Goals