Founded in 2016 and launched in January 2017, the Black Cooperative Investment Fund (BCIF) is a a 501(c)3, community-based organization rooted in self-help economics that provides microloans to the Black community through pooled dollars and raises awareness about the importance of economic empowerment, equity, and wealth building for the Black community.

The organization focuses specifically on the Southern California region. BCIF seeks 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 Black community. The long-term vision is to provide a dedicated, reliable, and perpetual source of capital to create assets and build wealth for, and within, the Black community, while also serving as a catalytic force for building a critical mass movement of change based on economic imperatives. We provide ZERO interest microloans with a 25% forgivable option. All repayments are placed back into the fund to sustain the pool of resources for the Black community. Annual fundraising goal: $500,000 will allow the fund to distribute 24 – 36 microloans annually, ranging between $5,000 – $20,000.